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2026-06-02

European Bank for Reconstruction and Development President: Government support to mitigate the impact of the war in Iran must be targeted and temporary.

European Bank for Reconstruction and Development President: Government support to mitigate the impact of the war in Iran must be targeted and temporary.
2026-06-02

EBRD president said the bank will lower GDP growth forecasts for the EBRD region and raise inflation forecasts.

EBRD president said the bank will lower GDP growth forecasts for the EBRD region and raise inflation forecasts.
2026-06-02

The president of the European Bank for Reconstruction and Development (EBRD) announced that the bank will lower its economic growth forecasts within the EBRD region and raise its inflation expectations.

The president of the European Bank for Reconstruction and Development (EBRD) announced that the bank will lower its economic growth forecasts within the EBRD region and raise its inflation expectations.
2026-06-02

Head of the IEA's oil division said the Strait of Hormuz could take 6-8 months to reopen at best, as of today.

Head of the IEA's oil division said the Strait of Hormuz could take 6-8 months to reopen at best, as of today.
2026-06-02

The head of the International Energy Agency's oil department said that, under the best-case scenario, the reopening of the Strait of Hormuz could take six to eight months, starting today.

The head of the International Energy Agency's oil department said that, under the best-case scenario, the reopening of the Strait of Hormuz could take six to eight months, starting today.
2026-06-02

CITIGROUP strategists including David Chave say excessive bullish positioning in U.S. tech, driven by ongoing AI enthusiasm, has pushed long bets to extremes and leaves the Nasdaq 100 particularly exposed. "Concentrated long exposure in the index 'in

CITIGROUP strategists including David Chave say excessive bullish positioning in U.S. tech, driven by ongoing AI enthusiasm, has pushed long bets to extremes and leaves the Nasdaq 100 particularly exposed. "Concentrated long exposure in the index 'increases the likelihood of profit-taking and long-covering on any negative catalyst', raising downside risk," they said. Since late March the S&P 500 has risen about 20% and the Nasdaq 100 about 33%; momentum indicators show the Nasdaq 100 has been overbought for nearly six weeks.
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