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25.06.25 - 13:18
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Trump Disputes Pentagon View on Iran Damage; Powell Testimony Day 2 | Bloomberg Brief 6/25/2025 (Bloomberg)
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US equity futures stay muted after the Nasdaq 100 hits a record high. Oil prices rebound after a two-day slump as investors weigh the ceasefire between Israel and Iran. President Trump disagrees with the Pentagon's assessment on the impact of the US airstrikes on Iranian nuclear facilities. The president participates in the NATO Summit in the Netherlands. Federal Reserve Chair Jerome Powell heads back to Capitol Hill to testify before a Senate panel. Peel Hunt's Kallum Pickering says the Fed is set up to react late to economic weakness. Sitara Sundar of JPMorgan Private Bank remains optimistic that stocks will remain resilient in the next 12 months. “Bloomberg Brief” delivers the market news, data and analysis you need to set your agenda. (Source: Bloomberg)...
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25.06.25 - 12:54
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Trump Says Iran Sites ′Destroyed′, U-Turns on China Buying Iranian Oil | Bloomberg The Pulse 06/25 (Bloomberg)
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US President Donald Trump disputed an intelligence report that found the airstrikes he ordered on Iran had only a limited impact on its nuclear program, even though the assessment came from the Pentagon. “The nuclear sites in Iran are completely destroyed,” Trump said on Truth Social. He said CNN and the New York Times, which first reported the intelligence findings on Tuesday, “have teamed up in an attempt to demean one of the most successful military strikes in history.” Later, speaking to reporters at a NATO summit in The Hague on Wednesday, he said the report was “very inconclusive” but that he still believed the sites were demolished.
Today's guests: Ken Moelis, Moelis & Company Founder, Chairman & CEO, Anahita Thoms, Baker McKenzie Partner, Myron Brilliant, DGA Group Senior Counselor. (Source: Bloomberg)...
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24.06.25 - 13:42
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Trump′s Israel-Iran Ceasefire Tested; Powell on Capitol Hill | Bloomberg Brief 6/24/2025 (Bloomberg)
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US equity futures rise and oil prices fall as Israel accuses Iran of breaching a truce announced by President Trump with new missile launches. Iran denies the accusation. Federal Reserve Chair Jerome Powell heads to Capitol Hill for two days of the semi-annual congressional testimony on monetary policy. Nuveen's Laura Cooper and State Street's Marvin Loh join to discuss the lack of market reaction amid the ongoing conflict in the Middle East. Former US Ambassador to Israel, Dan Shapiro, says the Iran-Israel ceasefire is "shaky." “Bloomberg Brief” delivers the market news, data and analysis you need to set your agenda. (Source: Bloomberg)...
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24.06.25 - 13:12
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Trump-Hailed Mideast Truce Falters With Israel Accusing Iran of Breach | Bloomberg The Pulse 06/24 (Bloomberg)
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A ceasefire declared by US President Donald Trump between Israel and Iran is being put to the test in its early hours, after a missile fired into Israel prompted accusations of a breach. Shortly after Trump declared an end to the 12-day war, Israel said it had detected a missile launch from Iran. Defense Minister Israel Katz instructed the military on Tuesday to “respond forcefully to Iran's violation of the ceasefire with powerful strikes against regime targets in the heart of Tehran.” Iran denied it fired missiles at Israel after the ceasefire came into force, according to the state-run IRIB news agency, which didn't elaborate.
Today's guests: Mislav Matejka, JPMorgan Head of Global and European Equity Strategy, Kęstutis Budrys, Lithuanian Foreign Minister, Ali Ansari, University of St Andrews Professor of History (Source: Bloomberg)...
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23.06.25 - 17:18
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Rabo: Even If Iran Does Not Close Hormuz, Insurance Costs Will Soar Pushing Oil Prices Higher (ZeroHedge)
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Rabo: Even If Iran Does Not Close Hormuz, Insurance Costs Will Soar Pushing Oil Prices Higher
By Michael Every and Benjamin Picton of Rabobank
The world didn't have to wait long for Donald Trump to make up his mind over bombing Iran's nuclear facilities. Trump last week suggested that he would make a decision “within the next two weeks”, but that appears to have been a case of misdirection with a mission already in train to strike Fordo, Natanz and Esfahan.
Seven B-2 Spirit bombers deployed from Missouri dropped fourteen 30,000lb bunker buster bombs (the world's most powerful non-nuclear weapons) on Fordo and Natanz, while a guided missile submarine hit the Esfahan facility with dozens of Tomahawk missiles. Trump, Hegseth and the Chairman of the Joint Chiefs have said that the strikes were an overwhelming success, “obliterating” the Iran's nuclear program.
Markets are, predictably, in risk-off mode this morning as traders contemplate what comes next, but given the gravity of the ev...
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23.06.25 - 13:36
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Futures Advance, Oil Fluctuates as Iran Vows Retaliation to US Attacks | Bloomberg Brief 6/23/2025 (Bloomberg)
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US equity futures hover and oil prices fluctuate as Iran pledges to retaliate following the US strikes on its nuclear facilities. Iran says the attacks have delivered an “irreparable blow” to the Nuclear Non-Proliferation Treaty. Former Israel Ambassador to the US Michael Oren discusses potential scenarios of the conflict. Morgan Stanley's Andrew Sheets and Kathy Jones of Charles Schwab discuss the market impact from geopolitical uncertainties. “Bloomberg Brief” delivers the market news, data and analysis you need to set your agenda. (Source: Bloomberg)...
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22.06.25 - 14:09
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Global Fertilizer Market Thrown In Chaos After Mideast War Shutters Iran Urea Production (ZeroHedge)
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Global Fertilizer Market Thrown In Chaos After Mideast War Shutters Iran Urea Production
Agri-Pulse's Oliver Ward reports that “renewed conflict in the Middle East has shuttered urea production in Iran, sending ripples through global fertilizer markets and adding to existing uncertainty around Russian and Chinese supplies, analysts tell Agri-Pulse.”
“Tensions flared between Iran and Israel on Friday when Israel launched what it called a preemptive missile strike targeting Iran's nuclear program and military leadership. Four days later, both sides are reeling from attacks on key infrastructure and shuttered industries, including in the fertilizer sector,” AgriPulse notes. “'Iran has shut down seven of its urea and ammonia plants,' said Mark Milam, senior editor for fertilizers at Independent Commodity Intelligence Services, over concerns that they could be potential Israeli targets.”
“Josh Linville, vice president of fertilizers at commodities analysis firm StoneX, said that ...
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