AI Bias Analysis
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French unemployment unexpectedly rose to the highest level in five years, adding to signs the euro area’s second largest economy was already on a weak footing when the Iran war began.
Source
Bloomberg Markets
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It’s the season for new stock-market price targets, and Morgan Stanley joined the upper echelon of Wall Street targets for the S&P 500 with its new outlook released Wednesday.
Traders are interpreting the late addition of Nvidia’s CEO to the Air Force One passenger list as a signal that good news about export licenses may be in the offing
The Iran war has changed how global investors view the Middle East, with geopolitical resilience now outweighing economic growth as a draw for funds.
International Energy Agency oil industry and markets head Toril Bosoni discusses the outlook for oil supplies and prices amid the ongoing disruption in the Strait of Hormuz. Inventories are falling around the world at a record pace, the IEA said in its latest monthly report, and will continue to drop for months as the Middle East conflict continues. Bosoni speaks on Bloomberg Television. (Source: Bloomberg)
