Iran Orders Strike on Israel: NYT; Sept Fed Rate Cut | Horizons Middle East & Africa 08/01/2024

Published 2024-07-31
Iran's supreme leader reportedly orders a direct strike on Israel in retaliation for killing Hamas' political chief in Tehran; Oil extends gains on the New York Times report. Also on the show: US futures pointing higher after Fed chair Jay Powell signals a rate cut as soon as September; the Bank of England makes its decision later today, with investors leaning towards a rate cut; and US stocks surge to post their best Fed day in two years, with Nvidia's rally adding $329 billion in value. Guests include Ryan Bohl, RANE Senior MENA Analyst; Charu Chanana, Saxo FX Strategy Head; and Khatija Haque, Emirates NBD Chief Economist & Research Head.


00:00 Horizons Middle East and Africa
04:22 Iran orders retaliatory strike on Israel: NYT
08:45 Ryan Bohl, RANE Senior MENA Analyst
16:03 Charu Chanana, Saxo FX Strategy Head
26:50 Traders expect Bank of England to cut interest rates
30:10 Khatija Haque, Emirates NBD Chief Economist & Research Head
38:17 Kenya inflation cools to four-year low
41:30 US mulls unilateral chip curbs to limit China's access

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All Comments (5)
  • @bryanotieno7106
    Reforms and depoliticize would be great for global business and economics
  • I don't think that I would recommend to Netanyahoo/Israel to expect much help from Jordan if/when Iran retaliates against Israel. However, Jordan is likely to defend her own airspace.