Policymakers Struggle to Respond to Rising Dollar and High US Interest Rates: Mohamed El-Erian
Mohamed El-Erian said policymakers around the world are finding it difficult to respond to a rising dollar and consistently high US interest rates. “Authorities around the world are in a bit of a freeze on how to respond to the overall strength of the dollar,” El-Erian said on Bloomberg Television on Tuesday. “How will we […]
KIOXIA Holdings Plans IPO on Tokyo Stock Exchange, Prioritizes Independent Path
It was learned on the 16th that KIOXIA Holdings (HD), a major semiconductor memory company, plans to make an initial public offering (IPO) on the Tokyo Stock Exchange as early as October. The company will consider a merger with US Western Digital (WD), but will prioritize an independent IPO. This was revealed by multiple officials. […]
US Retail Sales Surge Impact Treasury Yields and Interest Rate Cut Expectations
US retail sales grew faster than expected, further reducing expectations for a US interest rate cut this year. After the data was released, the exchange market stopped pricing in interest rate cuts before November altogether. At the start of the year, it was expected to start in March. At this point, expectations for a rate […]
Macron Urges Israel to Respond to Iran’s Attack in a Measured Manner
French President Emmanuel Macron called on Israel to respond to Iran’s weekend attack “in a measured manner” to avoid an escalating war. In an interview with BFM television and RMC radio on the 15th, Macron said: “We will do everything we can to avoid an escalation, in other words, to avoid an escalation of the […]
China’s Support for Russian Military Build-Up Raises Concerns: US Officials
China supplies Russia with large quantities of parts needed to produce cruise missiles and drones, as well as optical parts for tanks and armored vehicles, allowing Russia to increase production of weapons used in the war against Ukraine Several a US government official has said so. The White House is urging Chinese companies to end […]
German Chancellor Scholz Urges China to Address Business Practices During Visit
German Chancellor Scholz begins his visit to China. Scholz, on his second visit to China as prime minister, sent a gentle message that Beijing has not heeded the European Union’s warnings to end discriminatory business practices and that failure to act could lead to an increase in tensions. According to state-run China Central Television (CCTV), […]
The Escalation: Iran’s Missile Attack on Israel Sparks Fear of All-Out War
Iran attacked Israel with a number of missiles and drones, making a direct confrontation between the two countries, which the world had long feared would lead to a full-scale war in the Middle East, become a reality. But behind the scenes of the unprecedented attack, diplomatic signals were sent that allowed both sides to declare […]
US and UK impose new restrictions on Russian metal trade in response to Ukraine conflict
The US and the UK have imposed new restrictions on Russian trade in aluminium, copper and nickel. It is the latest effort to curb Russia’s financial power as it continues its war in Ukraine. The new regulation prohibits the delivery of new supplies from Russia to the London Metal Exchange (LME) and Chicago Mercantile Exchange […]
Rising Tensions Between Iran and Israel Impact Oil Traders
The escalating conflict between Iran and Israel is likely to force oil traders to reassess their geopolitical risk premiums. Brent crude oil futures have already risen to over $90 a barrel due to supply and demand factors. Iran’s decision to launch a direct attack on Israel has sharpened the conflict between the two countries. Iran […]
Israel Confronts New Phase in Its Multi-Front War With Iran
Iran’s missile and drone attacks on Israel marked a dangerous turning point in the volatile Middle East region. A direct attack from inside Iran was an unprecedented move, and Iran declared it a resounding success. However, with support from allies such as the United States and Britain, Israel intercepted most of the missiles and drones. […]
