IMF hikes U.S. FY outlook

IMF hikes U.S. FY outlook

The IMF hikes its U.S. forecast for 2024 but Germany weighs on the European outlook. The IMF’s Director of the Monetary and Capital Markets department, Tobias Adrian tells CNBC there are reasons for optimism. The S&P 500 suffers its first back-to-back session loss since September as investor attention turns to the dollar. Markets are now increasingly pricing in the outcome of a Trump victory in the U.S. election next month. Speaking to CNBC, IIF CEO Tim Adams believes the fight against inflation could be compromised as a result. French cosmetics giant L’Oréal misses Q3 sales targets as consumer demand in China wanes but the company pins its hopes on the market and on further stimulus from Beijing. Asian markets warmly welcome new listings Tokyo Metro – Japan’s largest in 6 years, while China Resources Beverages also gains on its debut in Hong Kong. And in banking news, Deutsche Bank notches a €2.3bn Q3 profit beat, thanks partly to the release of Postbank-related litigation provisions.

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Jaksot(1823)

Iran blames U.S. for ceasefire cracks

Iran blames U.S. for ceasefire cracks

Iran accuses the U.S. of violating the new ceasefire agreed on Tuesday with Israel continuing to target Hezbollah sites in Lebanon. U.S. Vice-President JD Vance is to lead peace talks in Islamabad, Pa...

9 Huhti 27min

U.S. and Iran agree to two-week ceasefire

U.S. and Iran agree to two-week ceasefire

President Trump announces that the U.S. and Iran have agreed to a two-week ceasefire on the condition Tehran opens the Strait of Hormuz to commercial shipping. WTI and Brent sink back under the $100-m...

8 Huhti 27min

Trump deadline to reopen Strait of Hormuz ticks down

Trump deadline to reopen Strait of Hormuz ticks down

U.S. President Donald Trump has cranked up the pressure on the Iranian regime to strike a deal to reopen the Strait of Hormuz, threatening to target civilian and energy infrastructure should tonight’s...

7 Huhti 26min

Trump tells Americans Iran war due to end 'very shortly'

Trump tells Americans Iran war due to end 'very shortly'

President Trump addresses the nation and says the war in Iran is nearing its end but offers no hint of de-escalation, adding that the U.S. will continue to strike the country. Markets surge on the new...

2 Huhti 26min

Equities surge on renewed hops of de-escalation in the Gulf

Equities surge on renewed hops of de-escalation in the Gulf

Hopes of a de-escalation in the U.S.-Iran conflict help push all three Wall Street majors into the green with the Nikkei and Kospi leading Asian stocks gains. U.S. President Trump has indicated he is ...

1 Huhti 25min

Brent on track to post record monthly gains

Brent on track to post record monthly gains

Brent is on course for its biggest monthly gain ever but has dipped overnight after a WSJ report that President Trump could be willing to halt the conflict without reopening the Strait of Hormuz by fo...

31 Maalis 25min

Brent on course for record gains as Iran conflict enters fifth week

Brent on course for record gains as Iran conflict enters fifth week

Oil prices continue to surge as the Iran conflict enters its fifth week. Brent is set for its largest monthly gain ever with the Strait of Hormuz still largely closed. Asian markets are selling off wh...

30 Maalis 25min

Trump extends deadline to attack Iran

Trump extends deadline to attack Iran

President Trump extends his deadline for attacks on Iran's energy infrastructure until April 6th, as talks reportedly continue. The US leader insists Tehran is desperate to end the war, even as it rej...

27 Maalis 27min

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