Asian stocks bounce back from their worst selloff in more than two months as a rebound in gold and silver helps calm markets after Monday’s volatility. President Trump announces the US will slash tariffs on India to 18% after Prime Minister Modi agrees to stop buying Russian oil. And crude slides as US and Iranian officials plan to discuss a new nuclear deal this week, but Trump warns that ‘bad things would happen’ if they can’t come to an agreement. Guests on the show include: Steven Major, Tradition Dubai, Global Macro Advisor; and George Cheveley, Ninety One, Natural Resources Portfolio Manager.
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.
Chapters:
00:00:00 – Introduction
00:05:29 – Steven Major, Tradition Dubai, Global Macro Advisor
00:12:57 – Trump reduces India tariffs to 18%
00:15:37 – US-Iran talks this week on new nuclear deal
00:19:37 – SpaceX combines with xAI at $1.25 trillion valuation
00:27:37 – RBA hikes rates by 25 basis points to 3.85%
00:31:25 – George Cheveley, Ninety One, Natural Resources Portfolio Manager
00:37:52 – South Africa private investment plans triple
00:41:30 – Saudi Arabia unleashes months of reforms to attract more FDI
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