Oil and gas jumped, while stocks and bonds fell after US President Donald Trump ordered a full naval blockade of the Strait of Hormuz following failed negotiations with Iran over the weekend. US forces are set to begin the blockade on Monday.
Viktor Orbán’s 16-year rule ended as Péter Magyar’s Tisza party won with an overwhelming victory in Hungary’s election. Magyar pledged to dismantle the authoritarian system and repair EU ties.
Today’s guests: Dan Scott, Chief Investment Officer and Head of Multi Asset at Vontobel Asset Management, Sherrill Stroschein, Politics Professor at University College London & Elisabeth Braw, Senior Fellow at the Atlantic Council.
"The Pulse With Francine Lacqua" is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops.
Chapters:
00:00:00 – The Pulse
00:01:03 – Trump: Don’t care if Iran comes back to talks or not
00:06:52 – Dan Scott, Chief Investment Officer and Head of Multi Asset at Vontobel Asset Management
00:14:25 – Hungarian assets surge as Orban loses election
00:17:21 – Sherrill Stroschein, Politics Professor at University College London
00:23:50 – Monday headlines
00:25:28 – Oil and gas rise as US, Iran fail to reach deal
00:27:44 – Fighting continues in Lebanon despite plans for talks
00:29:24 – UK declines to partake in Hormuz blockade
00:30:17 – Elisabeth Braw, Senior Fellow at the Atlantic Council
00:36:53 – US dollar outlook amid war in Iran, Mideast and energy cost surge
00:41:17 – Shell CEO on energy transition: Leaders with Francine Lacqua
00:44:06 – Wall Street banks kick of earnings season
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