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Bloomberg

Goldman Sachs's Bell on Economic, Markets Impact of War

Sharon Bell, senior European equity strategist at Goldman Sachs, says the Iran war will continue to have a negative economic impact even if there's a fast resolution. "You'll still see people seeing higher energy costs, etc., and therefore lower confidence and low growth," Bell tells Bloomberg Television. "PMI surveys, for example, have already started to come down. So I think there's already been damage. It's really a case of how permanent that is or not."

Leia mais: Goldman Sachs's Bell on Economic, Markets Impact of War
Bloomberg

Goldman Sachs Sees Longer-Lasting Economic Hit From War

Sharon Bell, senior European equity strategist at Goldman Sachs, says the Iran war will continue to have a negative economic impact even if there's a fast resolution. "You'll still see people seeing higher energy costs, etc., and therefore lower confidence and low growth," Bell tells Bloomberg Television. "PMI surveys, for example, have already started to come down. So I think there's already been damage. It's really a case of how permanent that is or not.

Leia mais: Goldman Sachs Sees Longer-Lasting Economic Hit From War
Bloomberg

Foss: Demand Disruption in Refined Products Not Brent

Oil whipsawed after the Wall Street Journal reported President Trump telling aides he's willing to end the military campaign in Iran even if the crucial Strait of Hormuz remains largely closed. Sasha Foss, Energy Analyst at CSC Commodities Marex spoke to Bloomberg's Horizons Middle East and Africa anchor Joumanna Bercetche on the future of oil prices.

Leia mais: Foss: Demand Disruption in Refined Products Not Brent
Bloomberg

Oil Swings on Trump War Report, Kuwaiti Tanker Attack

Oil fluctuated after the Wall Street Journal reported that US President Donald Trump told aides he's willing to end the military campaign in Iran even if the vital Strait of Hormuz remains largely closed. Earlier crude jumped when Iran attacked a Kuwaiti oil tanker near Dubai. Bloomberg's Stephen Stapczynski reports.

Leia mais: Oil Swings on Trump War Report, Kuwaiti Tanker Attack