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05.05.26 - 02:06
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Middle East war drives demand for Hong Kong metal storage, but capacity falls short (SCMP)
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The war in the Middle East could create an opening for Hong Kong to develop into a regional commodities trading hub, as manufacturers in mainland China and across Asia look to the city to secure more stable metal supplies, according to industry participants.
Manufacturers importing copper, aluminium and other industrial metals were increasingly considering Hong Kong as a storage base, while also seeking to tap its financial markets to hedge against price volatility driven by geopolitical......
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04.05.26 - 20:12
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Wall Street Leaders Gather at Milken as Mideast Tensions Rise | Open Interest 5/4/2026 (Bloomberg)
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Get a jump start on the US trading day with Matt Miller and Dani Burger on "Bloomberg Open Interest." Get a jump start on the US trading day with Dani Burger on "Bloomberg Open Interest." Oil spikes as fresh headlines show Middle East tensions are far from over, pulling focus from strong megacap tech earnings. Dani Burger sits down with top power players at the Milken Institute Global Conference, including Apollo Co-President John Zito, Oaktree Co-CEO Armen Panossian, and PJT Partners CEO Paul Taubman. Plus, former State Department official Jennifer Gavito, now a senior adviser at The Cohen Group, on the renewed tensions. (Source: Bloomberg)...
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04.05.26 - 13:13
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US Stock Futures Dip on Reports of Increasing Mideast Tension (Bloomberg)
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US stock futures saw volatile early Monday trading with news reports of Iranian missiles hitting a US Navy ship. While those reports cited IRGC-aligned Fars News Agency, a senior US official said that a ship was not hit by Iranian missiles, according to Axios, which helped futures erase some of the earlier losses....
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