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Some buyers of US liquefied petroleum gas canceled shipments that would typically be bound for Asia following a surge in freight rates sparked by the conflict in the Middle East.
Source
Bloomberg Markets
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South Korea’s leveraged exchange-traded funds tied to chipmakers may deepen concentration in the equity market and amplify volatility, according to Goldman Sachs Group Inc.’s sales desk.
Lack of volatility is taking off pressure to reach a Strait of Hormuz deal.
This comes as tensions in the Middle East escalated once again, with the U.S. military carrying out new strikes overnight in Iran.
Fidelity’s first-quarter data shows 401(k) balances dipping — but it’s not all bad news.
