logo
#

Latest news with #AbigailWatt

Oil Climbs on Report That Israel Is Preparing to Strike Iran
Oil Climbs on Report That Israel Is Preparing to Strike Iran

Bloomberg

time21-05-2025

  • Business
  • Bloomberg

Oil Climbs on Report That Israel Is Preparing to Strike Iran

'Bloomberg Brief' delivers the market news, data and analysis you need to set your agenda. Oil rallied following a CNN report that new US intelligence suggests Israel is preparing for a potential strike on Iranian nuclear facilities. Brent crude rose above $66 a barrel. It wasn't clear that Israeli leaders have made a final decision on whether to carry out the strikes, CNN said, citing unidentified officials. Oil has been volatile since last week on mixed headlines about the fate of Iran-US nuclear talks, which could pave the way for more barrels to return to a market that's expected to be oversupplied later in the year. An attack by Israel would hinder any progress in those negotiations and add to unrest in the Middle East, which supplies about a third of the world's crude. Today's guests: Abigail Watt, UBS US Economist, Lori Calvasina, RBC Capital Markets Head of US Equity Strategy, Mark Coombs, Ashmore Group CEO. (Source: Bloomberg)

Markets Mixed Amid Trump's 'Reciprocal Tariffs'
Markets Mixed Amid Trump's 'Reciprocal Tariffs'

Bloomberg

time14-02-2025

  • Business
  • Bloomberg

Markets Mixed Amid Trump's 'Reciprocal Tariffs'

Stock futures turn lower in the US pre-market trade after a near-record close, as investors absorb President Trump's announcement on imposing reciprocal tariffs and round out the busy week of economic data, earnings and tariff headlines. The Munich Security Conference commences with the future of Ukraine, NATO and defense spending are on the agenda between Washington, Moscow, Kyiv and Brussels. Not all tariffs are equally inflationary, says Abigail Watt of UBS, who thinks that metals levies will have a smaller impact on US prices than general tariffs. Brian Smedley of Cynosure Strategies thinks that the protracted uncertainty with tariffs is prolonging a period of caution for corporates, stalling growth while businesses await details. 'Bloomberg Brief' delivers the market news, data and analysis you need to set your agenda. (Source: Bloomberg)

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store