Markets Spike Following Houthi Attacks on Shipping
Continued missile attacks on merchant ships in the Red Sea have plunged supply chains into chaos, and consumers around the…
Source: maritimeprofessional.com
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Global bond rally speeds up as rate-cut bets build
BONDS rallied and equities paused as a fresh batch of soft inflation data boosted the likelihood of interest-rate cuts, but also underscored the risk of an economic downturn. Germany’s 10-year yield dropped below 2 percent for the first time in nine months after a report showed producer prices fell more…
Source: businessmirror.com.ph
Futures Slide, Brent Jumps Back Over $80 As Red Sea Woes Spread
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
Source: zerohedge.com
Shipping Is Halted In The Red Sea And At The Suez Canal
The suspension came as two more commercial vessels were under fire on Monday with the MSC Clara and Norwegian oil tanker Swan Atlantic both attacked with naval drones ...
Source: forbes.com
Red Sea attacks impacting global trade as more shippers move to dodge Houthis
Iran-backed Houthi rebels' attacks on commercial shipping vessels have caused several companies to flee the area, and the effects of the disruptions are starting to show.
Source: foxbusiness.com