London copper prices steady after hitting three-week low
French Trade Minister Nicolas Forissier discusses the trade relationship between the European Union and the US as President Donald Trump threatened to raise tariffs on cars and trucks from the EU to 25%. EU officials have said all options will be on the table if Trump follows through with the threat as the two sides work to implement the agreement. “There was an agreement last July, and so now we have to implement it,” Forissier tells Bloomberg Television. (Source: Bloomberg)
Madison Faller, investment strategist at JPMorgan Private Bank, says the economic backdrop is resilient and that earnings growth will drive markets higher, as long as the war in the Middle East doesn’t flare up again. “So that means positioning for upside, but also I think allocating toward shock absorbers,” Faller tells Bloomberg Television. (Source: Bloomberg)
The French Trade Minister argued the EU will use tools if Donald Trump makes excessive threats to strategic industries, and is seeking to build a more ‘predictable’ trade relationship with the US.
Nicolas Forissier spoke exclusively to Bloomberg TV ahead of France presiding a meeting of G7 Trade Ministers in Paris on Wednesday. (Source: Bloomberg)
Anna Edwards, Guy Johnson, Tom Mackenzie and Mark Cudmore break down today’s key themes for analysts and investors on “Bloomberg: The Opening Trade.” For up to the minute market intelligence and insight, click MLIV . (Source: Bloomberg)
Horizons Middle East & Africa is your daily spotlight on one of the world’s fastest-growing regions. Live from Dubai, we bring you the latest global markets and analysis, plus news-making interviews, with a special focus on MEA. All that and more, as you head to the office in the Gulf, pause for lunch in Hong Kong, or start your day in London or Johannesburg. (Source: Bloomberg)
Key Nvidia Corp. partner Hon Hai Precision Industry Co. reported a 29.7% increase in April revenue, underscoring persistently strong spending on hardware essential for AI.
The European Union has tools that it can turn to if Donald Trump makes excessive threats to strategic industries such as steel, French Trade Minister Nicolas Forissier said.
Iraq is offering its term buyers huge discounts for crude loaded this month, but tankers will have to transit the Strait of Hormuz to collect the barrels deep inside the Persian Gulf just as hostilities flare in the region.