Bolivia Nears IMF Deal With Floating Exchange
Bolivia is close to securing an IMF deal tied to a floating exchange rate, ending a 15-year dollar peg, as the country struggles with economic distress and
EQT Eyes Intertek Buyout
EQT's potential £5 billion debt-backed buyout of Intertek reflects the complex state of leveraged finance amidst cautious market conditions and rising interest
Iran Deal Impacts Bond Market
The Iran deal is expected to increase oil production, reducing oil prices and impacting the economy and bond market, with treasury yields declining modestly
Hormuz Deal Boosts Stocks, Eases Inflation Fears
US stock futures surge as Washington-Tehran deal reopens Strait of Hormuz, driving oil prices down and easing inflation fears ahead of the Federal Reserve
India Deficit Widens; US-Iran Deal Reopens
India's May trade deficit hit $28.21B, exceeding forecasts. A US-Iran deal to reopen the Strait of Hormuz sent Brent crude below $84, benefiting India's
South Africa Rate Hikes Cut Amid Iran Oil Deal
Traders reduce South African rate hike bets as a US-Iran peace deal sends oil prices plummeting. This eases inflation pressure, impacting SARB policy decisions.
Europe's Rally: Broader Capital Expenditure
UBS warns Europe's AI-driven equity rally needs broader capital expenditure for sustained growth. Current capex plans are declining, risking market stability
Iran War Impacts Oil Prices
The war in Iran is causing oil prices to spike, affecting the global economy and reconstruction efforts, with the poor suffering the most from increased costs
Pakistan Budget Boosts Economy
Pakistan's new budget aims to boost economy with 18.8 trillion rupees in spending, benefiting sectors like cement and textiles, with potential impact on stock
Oil Prices Tumble: US Iran Peace Deal Eases
Oil prices fell sharply after a US-Iran peace deal, easing global tensions. This reduces inflation risks for import-dependent South Africa, potentially halting