BBX: "Issuance Hegemony" and "Treasury Mega-Merger"—Morgan Stanley officially files for ETF, Strive consolidates tens of thousands of reserves
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Wells Fargo lowers Airbnb's target price from $186 to $185
Wells Fargo has lowered Airbnb's (ABNB.US) target price from $186 to $185.
Badenoch says sustained economic growth will be a core principle of the Conservative Party
UK Conservative Party leader Badenoch stated that maintaining continuous economic growth will remain a core principle for the Conservative Party. The savings plan will allow for a reduction of the deficit by 35 billion pounds.
El Niño continues to intensify and may become a key driver for commodities in 2027
(1) El Niño continues to strengthen, with the latest August Oceanic Niño Index reaching 2.2°C, firmly placing it in the "very strong" category. (2) In comparison, during the 2015-2016 super El Niño event, this index was around 1.7°C in August and subsequently peaked at 2.6°C in December. (3) If this seasonal pattern persists, the coming months could point to an unusually strong or even potentially record-breaking El Niño. (4) The impact on commodities is already evident on both supply and demand sides. (5) Weather-related supply risks are supporting agricultural markets such as sugar, cocoa, and coffee, while the possibility of a milder winter in the Northern Hemisphere could suppress heating demand and dampen natural gas consumption. (6) The more persistent and stronger the current El Niño becomes, the greater the risk that weather will become a more significant driver of commodity prices by 2027.
The Iranian Revolutionary Guard says it will soon block the illegal routes in the Strait of Hormuz.
Energy and commodities analyst Blas: The Iranian Revolutionary Guard stated it will "soon" block the "illegal" passage of the Strait of Hormuz. In fact, this is the first time the Iranian Revolutionary Guard has publicly admitted that the waterway is no longer closed.
