From Penny Stock to $100 Million in One Day: The Ultimate Meme Stock Has Arrived

FGE NexantECA Chairman Emeritus Fereidun Fesharaki says "both sides are lying" as the conflict between the US and Iran continues, adding that oil prices are currently driven by sentiment rather than physical movements. He speaks on Insight With Haslinda Amin. (Source: Bloomberg)

"Bloomberg: The Asia Trade" brings you everything you need to know to get ahead as the trading day begins in Asia. Bloomberg TV is live from Tokyo and Sydney with Shery Ahn and Haidi Stroud-Watts, getting insight and analysis from newsmakers and industry leaders on the biggest stories shaping global markets. (Source: Bloomberg)

The European Central Bank is set to raise interest rates for the first time since 2023, judging it can no longer ignore the upswing in inflation caused by the Iran war.

Belief is that the numbers aren’t bad enough to warrant a Fed rate hike.