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Bloomberg Television
9d
Trump Warns Iran Ceasefire Failing
**Summary:**
President Trump's statement that the Iran ceasefire is on "massive life support" sparked market volatility, with oil prices rising and Treasury yields increasing. The South Korean stock market experienced a dramatic reversal after a policy maker suggested a citizen dividend using AI profits, leading to a $300 billion loss in less than 100 minutes. The market reaction was contagious, with the MSC Pacific index down 5.10% and futures pointing lower on both sides of the Atlantic. Meanwhile, political unrest in the UK continued, with over 70 MPs reportedly calling for Prime Minister Kier Starmer's resignation. Looking ahead, markets awaited German ZEW sentiment survey results, US CPI data, and speeches from Fed officials. In corporate news, German renewable energy company Zemen's Energy announced accelerated share buybacks due to increased data center construction, boosting orders and net income by 67% in the fiscal second quarter.
Topic
Trump Extends Iran Ceasefire Amid Talks Delay
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