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(Bloomberg) — Emerging-market bond sales are roaring back from last month’s doldrums, as issuers from Brazil to Turkey take advantage of rebounding markets to raise fresh financing. Read More
(Bloomberg) — Option traders have flipped from concern that the Iran war will sink the economy to fear of missing out on the torrid equity rebound. That shift away from macro risk to individual stocks is set to continue as corporate earnings take center stage. Read More
(Bloomberg) — Observed transits of commercial ships through the Strait of Hormuz have come to a halt following a brief surge on Saturday as tensions ratcheted higher after vessels came under gunfire in the waterway and Iran warned against crossings. Read More
(Bloomberg) — International Energy Agency Executive Director Fatih Birol proposed building a new oil pipeline linking Iraq’s Basra oil fields and Turkey’s Mediterranean oil terminal in Ceyhan to shift the balance away from the Strait of Hormuz, according to Turkish newspaper Hürriyet. Read More
(Bloomberg) — Shipping in the Strait of Hormuz was at a near standstill early Sunday after Iran reversed its decision to reopen the waterway and fired on vessels attempting to pass, warning it would block transits as long as the US blockade of Iranian ports remained. Read More
(Bloomberg) — North Korea launched ballistic missiles toward waters off its east coast, authorities in South Korea and Japan said. Read More
(Bloomberg) — The US on Friday issued a license letting countries buy more Russian oil that’s already been loaded on tankers, part of the White House’s push to prevent prices from surging. Read More
