Author name: Commodities Market Writer

“I realize that probate can be lengthy, public and expensive.”

Israeli Prime Minister Benjamin Netanyahu earlier met with President Trump at the White House, with Trump seeking to lay the ground for further diplomacy in the conflict.
Netanyahu later posted on Instagram that it was quote “one of the best conversations I’ve had with” Trump. Bloomberg’s Dan Williams reports from Washington DC. (Source: Bloomberg)

Zambia’s kwacha is nearing parity with the South African rand.
Chief Africa Correspondent Jennifer Zabasajja reports the kwacha has appreciated almost 18% against the dollar this year – making it the second-best performing currency tracked by Bloomberg. (Source: Bloomberg)

Hollywood actress Elisha Cuthbert has officially sold her lavish Los Angeles home for $1.93 million, days after the property was put back on the market with a significant discount.

Emerging-market stocks plunged for a second straight day, with the benchmark gauge sinking to a three-and-a-half month low as a rout in Asian chip stocks deepened.

The US says it has intercepted several Iranian ballistic missiles on its military bases – breaking the brief pause in fighting in the Middle East. Meanwhile the US and Saudi forces launched attacks on Iran-backed militia targets in Iraq in response to the drones attacking Saudi’s energy infrastructure. Julia Roknifard, Senior Lecturer, School of law and governance at Taylor’s University Malaysia spoke to Bloomberg’s Abeer Abu Omar on Horizons Middle East & Africa on the reescalation in the region. (Source: Bloomberg)

Marina Zavolock, chief European equity strategist at Morgan Stanley, says she hasn’t seen such a strong earnings season in Europe in years. “We’re seeing more interest in European equities in part because of the strong earnings season,” she tells Bloomberg Television. (Source: Bloomberg)

ING Groep NV is hedging credit risk on about $10 billion of loans via significant risk transfers as banks worldwide bolster their use of the instruments to free up capacity for new lending.