Aggregated from 40+ premium financial sources. Click any article to read and translate on Stonkistan.
Across the Middle East, stranded travelers are being forced to improvise byzantine routes out of the widening war zone as commercial airlines put most of their regional services on hold.
Owing largely to positioning before the conflict erupted, the US is reaping the gains.
Two Russian oil cargoes that had been signaling East Asia as a destination have switched to India, according to ship-tracking data, suggesting New Delhi is becoming more willing to take the crude as the Middle East conflict worsens.
Stocks fell and bonds extended losses as the war in Iran entered its fourth day with no sign of de-escalation, heightening fears of a lengthy disruption to energy markets and a surge in inflation. European and Asian equity benchmarks headed for their worst two-day drop since April while concern that energy prices could remain elevated pushed global yields higher for a second day. The Opening Trade has everything you need to know as markets open across Europe. With analysis you won't find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Anna Edwards, Guy Johnson and Tom Mackenzie. (Source: Bloomberg)
Federal Reserve Bank of Minneapolis President Neel Kashkari, who had penciled in one interest-rate cut this year, said the attacks on Iran make him less certain about that. “Now, with the geopolitical events, we need to get a lot more data in,” Kashkari said Tuesday at the Bloomberg Invest conference in New York. Kashkari added that the key question right now for inflation is how persistent higher energy prices are. The price of oil surged Monday and Tuesday after the US and Israel attacked Iran and signaled the conflict could last for weeks. (Source: Bloomberg)
Oil surged for a second day as the US and Israel stepped up their war against Iran, with the sprawling conflict’s impact on energy assets in the Persian Gulf deepening. US oil futures surged as much as 9.5% after Iraq cut output at the giant Rumaila oil field and appears poised to shutter about 3 million barrels a day of output if the crisis persists, according to people familiar. Storage at the fields has been tightened because of disruptions in the Strait of Hormuz, a key shipping route, underscoring how export bottlenecks are translating into tangible supply losses. Bloomberg's Vincent Piazza joins to discuss. (Source: Bloomberg)
Traders in the futures markets are sharply reducing expectations for interest rate cuts from the Federal Reserve, as the war with Iran drives fears of an inflationary resurgence.
Defense Secretary Pete Hegseth said the US and Israel are on the cusp of taking complete control of Iran’s airspace as he laid out plans to step up attacks deeper in the country as its defenses are destroyed.
S&P 500 Index futures are down 1.4% as of 7:35 a.m. in New York as the war in Iran enters its fourth day, heightening fears of a lengthy disruption to energy markets and a surge in inflation.
The dollar headed for its biggest two-day rally in almost a year as the deepening war in Iran stoked inflation fears and spurred demand for havens.
Costs at the pump exceed level at the end of the Biden administration
Federal Reserve Bank of Minneapolis President & CEO, Neel Kashkari discusses the outlook for interest rates, the US economy and the importance of central bank independence with Bloomberg’s Michael McKee at Bloomberg Invest 2026 in New York. (Source: Bloomberg)
US oil equities flatlined even as crude prices surged on Tuesday as investors began selling off and pricing in a possible quick resolution to the Iran war, which halted shipping through the Strait of Hormuz and disrupted supplies.
Asian stocks plunged the most in nearly a year, led by the biggest South Korean crash since the global financial crisis in 2008. Bloomberg's Avril Hong reports. (Source: Bloomberg)
Steve Moore, Co-Founder of Unleash Prosperity and former Trump Economic Advisor, joins Bloomberg Businessweek Daily to discuss market and inflation expectations as the US continues its military actions in Iran and the surrounding region. Moore weighs in on comments from Minneapolis Fed President Neel Kashkari, who says it's too soon to tell about inflation or rate path expectations due to questions about the duration of the Iran conflict. Moore also discusses President Trump's economic policy, Wednesday's ISM manufacturing and jobs data, and more. He speaks with Carol Massar and Tim Stenovec. (Source: Bloomberg)
Japanese investors sold the largest amount of overseas bonds since 2024 last month, as market watchers scrutinize flows for signs that higher domestic yields were triggering repatriation.
The National Highways Authority of India’s infrastructure investment trust is preparing to list its units through an initial public offering that may fetch as much as 60 billion rupees ($656 million), testing the strength of the nation’s market for new listings after some lukewarm debuts recently.
European bonds extended losses as traders weighed the possibility of a prolonged conflict in the Middle East, a scenario the European Central Bank’s chief economist warned would be stagflationary.
European natural gas prices surged as much as 34% amid uncertainty over how long exports will be halted from the world’s largest LNG export plant in Qatar and the impact it will have on global energy supplies.
A top executive at South Korea’s biggest arms-maker by revenue made a clear case for the company’s deepening foray into the Middle East: Threats abound.
Traders have priced out the probability of a second interest-rate cut from the Bank of England this year as the deepening conflict in the Middle East rekindles fears of inflation.
Emerging-market assets extended losses as the war in Iran continued to impede key global energy shipments, lift the dollar and force investors to adjust to the risks of higher inflation across the world.
Brent futures are trading at the biggest premium to the Middle Eastern Dubai marker since 2022, after the global crude benchmark surged following attacks on Iran by the US and Israel.
US Treasuries slumped for a second day as traders slashed bets on the extent of interest-rate cuts expected from the Federal Reserve this year.