AI Bias Analysis
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BHP Group has struck a supply deal with China’s state-backed iron ore buyer, ending a months-long standoff between a vital consumer and the world’s largest miner that has roiled markets and hampered steel mills’ access to key products.
Source
Bloomberg Markets
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European natural gas steadied as uncertainty over the Iran war persisted, even as Washington’s truce extension spurred cautious optimism in some markets.
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)
Fuel prices saw their largest increase for over three years, the ONS' chief economist said.
European stocks are expected to open in negative territory on Wednesday as traders assess the Iran ceasefire extension and prospect of peace talks.
