Oil steadied after a weekly loss, with the focus on an OPEC+ supply meeting on Sunday and US demand at the start of the summer driving season. from Bloomberg Markets https://ift.tt/V7YOJtA
A blistering summer gripping a significant portion of India is fueling optimism of higher earnings for one segment of the nation’s $4.8 trillion stock market. from Bloomberg Markets https://ift.tt/98rCEAg
Asian stocks are set to follow their US peers higher after American consumers tempered inflation expectations, bolstering sentiment the Federal Reserve may have room to cut rates this year. from Bloomberg Markets https://ift.tt/qkni6ZS
Volatility is getting crushed. Everywhere. from Bloomberg Markets https://ift.tt/nEekQNV
The entire world economy is at risk from a glut of cheap Chinese exports, France’s Finance Minister Bruno Le Maire said in tandem with a barrage of joint criticism from the Group of Seven. from Bloomberg Markets https://ift.tt/PHwSOfM
Traders hoping the Australian dollar will strengthen beyond a closely tracked level are set to be disappointed as optimism over China’s rebound fades and the local economy falters. from Bloomberg Markets https://ift.tt/xljE0y8
From cocoa to zinc, the breadth of the commodities rally is the biggest in two years. Beef and pork are showing promising signs of improving demand as barbecue season officially kicks off in the US with Monday’s Memorial Day holiday. Meanwhile, OPEC+’s policy meeting to review oil output curbs is set for June 2, around…
Ten years ago almost to the day, while checking out a handful of luxury sedans from one of China’s largest automakers SAIC Motor Corp., President Xi Jinping gave a pivotal speech that would set China on the course to dominate the electric vehicle industry. from Bloomberg Markets https://ift.tt/3am72FQ
Australia’s pension giants are looking to expand their private credit exposure to some nascent products, as the cash-flushed industry hunts for ways to diversify portfolios and boost returns. from Bloomberg Markets https://ift.tt/oIdKrMz
Bill Gross said that a Donald Trump victory in the US presidential election would be more disruptive for bond markets than a Joe Biden win, according to the Financial Times. from Bloomberg Markets https://ift.tt/AQYcm5M