UK fin min speaking in Brussels and stating the obvious once again
And Spain's Fernandez de Mesa says
The obligatory jawboning and posturing continues
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Oil rises as Trump ultimatum to Iran fuels Hormuz escalation risks Bullish for oil and energy equities; risks spillover into inflation expectations and safe-haven flows (gold, USD)
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Fitch cut New Zealand’s outlook to negative, citing rising debt and delayed fiscal repair. Debt seen peaking near 56% of GDP by FY27, with surplus pushed to FY30. NZ bond yields hit ~1-year highs as markets price increased fiscal risk.
EV makers slash targets! High costs & low demand hit valuations. Will legacy auto regain ground?
NOW down 25% on AI fears, but its $600M AI suite & 20%+ growth signal a strong rebound.
CVX offers integrated ops & 3.5% dividend yield vs. OXY's U.S. focus & 1.8% yield. CVX shows better growth visibility.
GPCR up 132% yearly, but net loss widens. B Group buys $6.26M stake. High risk, high reward.
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