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OPEC’s New Supply Shock Locks In Oil Market’s Return to Surplus

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The latest oil supply shockwave unleashed by OPEC+ is set to swell a surplus later this year, pressuring prices for producers the world over while answering US President Donald Trump’s calls for lower fuel costs.



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Funding & Business

Trump Threatens 10% Tariff on BRICS-Aligned Nation

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President Trump has said he would put an additional 10% tariff on any country aligning themselves with “the Anti-American policies of BRICS.”
Speaking to Bloomberg’s Insight with Haslinda Amin, Indian School of Business Professor Nirmalya Kumar says countries should wait and watch to see if the President’s latest threat will actually materialize. (Source: Bloomberg)



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Funding & Business

BNP Paribas AM: Positive on EM Local Currency Bonds

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Alaa Bushehri, head of Emerging Market Debt at BNP Paribas Asset Management, says she finds attractive valuations in local currency debt in India and Indonesia. She also sees similar opportunities in a number of Latin American, jurisdictions including Brazil and Mexico. She discusses the market outlook with David Ingles and Yvonne Man on “Bloomberg: The China Show.” (Source: Bloomberg)



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Is the Dollar Resting, or Nailed to Its Perch?

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Tariff uncertainty must end to determine whether there’s still life in the old bird.



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