Iran Ready to Escalate War, iPhone ‘Duo’ Revealed, More
Summary
Markets price in multiple rate hikes as ING's chief economist argues inflation remains well-behaved, while UK mortgage rates climb and house prices face pressure. Tensions between the US and Iran escalate with Tehran threatening counter-strikes, as President Trump proposes a $5,000 dividend to voters to secure Republican midterm wins. Apple debuts its first foldable iPhone at a steep $1,999 price tag, and European automakers report significant market share losses to Chinese competitors. In the UK, police investigate Reform UK over electoral law violations, and the government plans to grant …
Topics discussed
Sponsored segment: ChatGPT Work mode
Intro: Oil prices and ECB rate hike expectations
Jamie Rush on ECB guidance and market pricing
Maria Kaa Blom on core inflation and rate sufficiency
Bank of England hikes and UK mortgage rates
Iran escalation threats and Trump's timeline
Paul Wallace on US-Iran conflict and midterms
Trump's $5,000 dividend pledge for Republicans
UK police investigate Reform UK fundraising
Apple launches foldable iPhone Duo and new models
European carmakers lose ground to Chinese brands
JPMorgan CEO meets UK leaders on bank taxes
England mayors to get power to levy tourist tax
Market wrap: Oil, yields, and global stocks
Tech Minute: AI music generation with Suno
Sponsored segment: Optum healthcare integration
Sponsored segment: Genius by Global Payments
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