UAE Official: Odds of US-Iran Deal to End War '50-50'
UAE presidential adviser Anwar Gargash said there is a "50‑50 chance" of a U.S.-Iran peace agreement, emphasizing that any cease‑fire must tackle the deeper sources of regional instability. He warned that Iran’s tendency to over‑negotiate could jeopardize a deal and that a second military round would worsen the situation. Gargash highlighted Iran’s recent strikes on UAE infrastructure and cautioned against politicizing the Strait of Hormuz, which carries about 20% of global oil and LNG shipments. He urged Europe to view Hormuz’s free flow as essential to its energy security.
Remolona: BSP Eyeing Off-Cycle Rate Increase
Bangko Sentral ng Pilipinas Governor Eli Remolona indicated the central bank could implement an off‑cycle interest‑rate hike before its June 18 policy meeting. The BSP raised its benchmark to 4.50% in April, a 25‑basis‑point move that officials now deem insufficient...
Big Euro-Zone Economies Are Enduring Unfolding Inflation Shock
Inflation in the euro‑zone’s four biggest economies likely rose in May or remained at a robust pace, according to Bloomberg‑compiled economist surveys. Energy‑driven price pressures are expected to lift consumer‑price growth in France and Italy, while Germany and Spain are...
ECB’s Muller Sees ‘Good Case’ for June Hike on Energy Surge
Outgoing ECB Governing Council member Madis Muller says there is a solid case for a June interest‑rate hike, citing the recent surge in energy prices triggered by the Iran war. Inflation in the euro area has risen above the ECB’s...
Traders Bet Fed Under Warsh Will Hike Rates by December
Bond traders now expect the Federal Reserve to raise its benchmark rate by at least 25 basis points by the end of 2026, reflecting confidence that incoming Chair Kevin Warsh will act swiftly against inflation. The shift followed Fed Governor Christopher Waller’s...
Bond Traders Bet Fed Under Warsh Will Hike Rates This Year
Bond traders are now fully pricing in a Federal Reserve rate hike this year, reflecting confidence that incoming Chair Kevin Warsh will act swiftly to curb inflation. The market’s view sharpened after Fed Governor Christopher Waller said the next policy...
Wall Street Wagers on Weaker Canadian Dollar as Inflation Cools
Strategists at Deutsche Bank, JPMorgan Chase, and Nomura are increasing bets that the Canadian dollar will weaken further in 2026. The shift follows Canada’s latest inflation data, which showed a slowdown to 2.3% year‑over‑year, prompting a reassessment of the Bank...
A ‘Toxic Cocktail’ Threatens Stocks. Why the S&P 500 Could Drop 15%, Acco...
Strategists at hedge fund Zweig‑DiMenna warn that the combination of rising consumer‑price inflation and a still‑strong economic outlook has historically produced a steep negative return for the S&P 500. Their analysis of the past 50 years shows an average annualized decline of...
BOJ’s Ueda Meets PM Takaichi, Discusses Monetary Policy Stance
Bank of Japan Governor Kazuo Ueda met Prime Minister Sanae Takaichi to review the BOJ's monetary‑policy stance. Ueda declined to comment on market speculation about a possible June rate hike, emphasizing no specific discussion on that topic. Both leaders reaffirmed...
As Its Firms Look Overseas, China Overtakes US to Become Top Foreign Investor in Germany
China surpassed the United States as Germany’s top single‑country source of foreign direct investment in 2025, according to a German government report. The shift reflects mounting energy and labour cost pressures that are prompting American firms to reconsider expansion in...
Bloomberg Daybreak Europe: A $50 Trillion Problem (Podcast)
Bloomberg Daybreak Europe’s latest podcast episode spotlights a looming $50 trillion challenge confronting global economies. The hosts interview economists and policy makers who outline how climate‑related damages, aging demographics, and sovereign debt could collectively reach that figure by 2050. Listeners learn...
Asia Week Ahead: Rate Decision in Korea and Key Data From Japan, China, Taiwan
The Bank of Korea is expected to hold rates steady on Thursday but signal a hawkish tilt, with dot‑plots hinting at one or two hikes within six months and an upgraded GDP and CPI outlook. Japan’s April CPI came in...
China Will Have Rare Earths Leverage Over the US for a Long Time
China’s dominance of the rare‑earth market, controlling roughly 80% of global production, will persist for years, giving Beijing strategic leverage over the United States. The U.S. still imports about 70% of its rare‑earths from China, despite recent policy pushes to...
Philippine Central Bank Governor Says It Is Considering Off-Cycle Rate Hike
The Bangko Sentral ng Pilipinas (BSP) signaled it may raise rates before its June 18 policy meeting, after an April 25‑basis‑point hike to 4.50% proved insufficient amid a persistent supply shock. Governor Eli Remolona cited spiralling fuel costs and a weakening peso...
China Calls for APEC Cooperation as Commerce Minister Skips Opening over ‘Urgent Official Business’
China’s International Trade Representative Li Chenggang opened the APEC trade ministers’ meeting in Suzhou, standing in for absent Commerce Minister Wang Wentao who cited urgent official business. Li called on APEC economies to send a strong, unified message supporting regional...