The widening Middle East war pushes oil and European gas prices sharply higher, rattling global markets for a second day. Treasury yields climb as inflation worries outweigh haven demand. Currency tensions escalate as Japan and Switzerland both threaten intervention.
Today’s recommended read: Dollar gets its mojo back - but only by default, Mike Dolan
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Aug 2024
Carmakers strain to navigate the next swerves
After responding to the unexpected success of $720 bln Tesla, older manufacturers now face rising China exports amid slower EV growth. In this Viewsroom podcast, Breakingviews columnists discuss how GM, VW and others – including governments – are handling the nascent trade war. R ... Show More
19m 19s