From Bloomberg Markets and Finance.
Risk-off mood as stocks and futures fall, with the dollar near 2-month lows ahead of key US economic data; gold and bitcoin also dropping on weaker sentiment. The US offers Kyiv significant security guarantees, but the effort still appears to pressure the Ukranian president to give up land. President Trump says an end to the war is ‘closer than ever’. Nasdaq seeks approval from the SEC to extend trading to 23 hours on weekdays, with an expected start in the third quarter of 2026.
Please note: During this show we say that President Trump is suing the BBC for $5 billion. To clarify, that is the amount he is seeking for his defamation suit. The total value he is suing the BBC for is $10 billion.
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 – Intrroduction
00:06:15 – Deepak Mehra, Commercial Bank of Dubai, Chief Economist
00:13:47 – US offers Ukraine security guarantee
00:18:18 – Ivory Coast steps in to stabilize its cocoa sector
00:28:26 – Risk-off in markets as Asian stocks slump
00:33:26 – South Africa is set for the biggest overhaul of its cash system in decades
00:37:30 – Nasdaq seeks SEC approval to extend trading to 23 hours on weekdays
00:41:32 – Big Take: Saudi sisters worth $50 billion run behemoth Olayan Group
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