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Oil falls and stocks hit another record high after the Trump administration suspends "Project Freedom," citing progress in Iran negotiations. AMD surges 16% and Samsung jumps more than 10% on roaring chip demand tied to the AI build-out. And long-dated government bond yields climb to multi-decade highs in the U.S. and UK.
Today’s recommended read: https://www.reuters.com/markets/us/us...
Sam Stovall, Chief Investment Strategist at CFRA explains why selling in May could cost you the 16% rebound that follows - and how to stay positioned for it.
The US and Iran were circling around a fresh proposal to end the war, as President Donald Trump searches for an exit from a conflict that has elevated energy prices and damaged his political standing. Also on the show: global stock rally builds on Iran deal optimism; Netanyahu holds rare call with UAE’s MBZ; Turkey joins elite military powers with planned ICBM test; Mozambique weighs swapping dollar debt for yuan in China talks; South Africa treasury threatens to cut Johannesburg funding. Guests include: Alan Eyre, Middle East Institute Distinguished Diplomatic Fellow; Parisha Saimbi, BNP Paribas FXLM Strategist EM Asia.
Horizons Middle East & Africa is your daily spotlight on one of the world's fastest-growing regions. Live from Dubai, we bring you the latest global markets and analysis, plus news-making interviews, with a special focus on MEA. All that and more, as you head to the office in the Gulf, pause for lunch in Hong Kong, or start your day in London or Johannesburg.
