Wolfe's Roth on Inflation Outlook Amid Oil Supply Risks
Wolfe Research Chief Economist Stephanie Roth joins Bloomberg's Vonnie Quinn on "Bloomberg Brief" to discuss her outlook for inflation amid rising oil supply risks.
Wolfe Research Chief Economist Stephanie Roth joins Bloomberg's Vonnie Quinn on "Bloomberg Brief" to discuss her outlook for inflation amid rising oil supply risks.
Russ Koesterich, Global Allocation Fund portfolio manager at BlackRock, explains why energy stocks are the only thing he has conviction in as a hedge against equity risks at this time. He also comments on what it would take to buy into US 10-Year Treasuries.
Russ Koesterich, Global Allocation Fund portfolio manager at BlackRock, explains why energy stocks are the only thing he has conviction in as a hedge against equity risks at this time. He also comments on what it would take to buy into US 10-Year Treasuries.
Some Trump administration officials and allies have privately discussed whether an external review of the 2023 failure of Silicon Valley Bank could provide a legal basis to remove Fed Governor Michael Barr from the central bank's board, according to people familiar with the matter. Alister Bull reports on Bloomberg Television.
Themistoklis Fiotakis, Barclays FX and EM macro strategy global head, discusses inflation expectations in the US and the oil market. "I think that the risks are for a hike," Fiotakis tells Bloomberg Television. He adds that should the Federal Reserve decide to raise interest rates, the central bank is "unlikely to go once" and the market is "not going to price one hike."
UK Chancellor John Healey committed to disciplined control of the nation's public finances to protect against economic shocks, just days after new prime minister Andy Burnham appointed him. Healey made his pitch to finance executives at Bloomberg's London headquarters on Thursday, promising to help tackle rising costs for businesses.
I Synergy Group (ASX:IS3) has entered into a non-binding strategic memorandum of understanding with Macau Direch Investment Technology.
Frasers Group extended its 65-cent cash takeover offer for Accent Group (ASX:AX1) until Sept. 30.
BNP Paribas Chief Financial Officer Lars Machenil speaks on Bloomberg Television as the bank reported better-than-expected revenue and profit for the second quarter. "We are really firing on all cylinders and ready to continue to support the economy," he says. "It is really the three divisions that are working collectively and that are boosting the result," Machenil adds.
Mammoth Minerals (ASX:M79) has commenced a maiden reverse circulation drilling programme at its Blue Dick prospect.
SBI Funds Management Executive President R.S. Srinivas Jain believes the rupee will likely trade in the 'narrow band' for the time being. He adds that the Indian currency is at a great entry point for investors. Jain and SBI Funds Management MD and CEO Debasish Mishra speak with Paul Allen on "Insight with Haslinda Amin."
The Clean Energy Finance Corporation appointed 12-year executive Paul McCartney as CEO to lead its $33 billion fund.
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