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Bloomberg
Financial

Savary: Dollar Dominance to Remain for Decades

The joint US-Japanese intervention has shifted market focus to whether the Yen can strengthen beyond 155 per dollar, a threshold seen as a key test for the rally's staying power. Mathieu Savary, Chief Strategist & Head of FICC at BCA Research spoke to Bloomberg's Abeer Abu Omar on Horizons Middle East & Africa on the FX action.

Leia mais: Savary: Dollar Dominance to Remain for Decades
Bloomberg
Financial

BP CEO Says Company Needs to Strengthen Balance Sheet

BP Chief Executive Officer Meg O'Neill discusses the company's second-quarter results and says she is "really pleased with the strength of the underlying business." Speaking on Bloomberg Television, she adds the UK energy giant has more work to do on the portfolio. "We need to sharpen our capital discipline and make sure every dollar that we're spending is making an impact on the bottom line," O'Neill says.

Leia mais: BP CEO Says Company Needs to Strengthen Balance Sheet
Bloomberg
Financial

Morocco Blames Misinformation for Ceuta Migrant Chaos

Morocco's government said factors such as misinformation and human trafficking lured tens of thousands of migrants into illegally crossing into the Spanish-governed northern African enclave of Ceuta last week. Meanwhile, Spain's foreign minister said nearly everyone who illegally crossed into Ceuta has left as it tries to assure its European Union neighbors that it is swiftly returning the roughly 50,000 undocumented migrants. Bloomberg's Jennifer Zabasajja reports.

Leia mais: Morocco Blames Misinformation for Ceuta Migrant Chaos