Progressive Democrat Graham Platner won the party’s Senate primary in Maine after a bruising campaign which became as much about accusations of his past misbehavior as it was voters’ top concerns. Tyler Kendall has more
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A positive start to the US-Iran talks in Doha , S&P 500 closed out its best quarter since 2020. Traders are watching for Japan’s next red line on the YEN, while oil edged higher as Middle East peace talks continued and shipping through the Strait of Hormuz recovered. The US lifted restrictions on Anthropic’s Fable 5 AI model, Donald Trump reported at least $1.5 billion in cryptocurrency earnings for 2025. In legal news, the US Supreme Court backed birthright citizenship, Susquehanna won the right to subpoena brokers in an alleged insider trading case. Thousands joined anti-migrant demonstrations across South Africa, Abu Dhabi proposed a new offshore oil pricing benchmark, and gold fell for a third consecutive session amid easing Iran tensions and uncertainty over US interest rates. ALCOA’s $5.6 billion South32 deal to capitalize on the aluminum boom, Ethiopia’s $1 billion bond rallying after a restructuring agreement, Dubai International Financial Centre continuing to attract top global talent, Emirates NBD is considering the acquisition of HSBC’s Turkey business. Guests Include Rahul Chadh, Shikhara Investment Management CIO & Founder; and George Cheveley, Ninety One Natural Resources Portfolio Manager. Stay informed with the latest global business news, financial markets, stocks, commodities, oil, gold, currencies, cryptocurrencies, and geopolitical developments from around the world.

Horizons Middle East & Africa is your daily spotlight on one of the world’s fastest-growing regions. Live from Dubai, we bring you the latest global markets and analysis, plus news-making interviews, with a special focus on MEA. All that and more, as you head to the office in the Gulf, pause for lunch in Hong Kong, or start your day in London or Johannesburg.

Chapters:
00:00:00 – Introduction
00:03:39 – Japan’s Yen Red Line
00:07:25 – Rahul Chadh, Shikhara Investment Management CIO & Founder
00:13:16 – Oil Rises on Peace Talks
00:17:26 – US lifts restrictions on Anthropic’s Fable 5
00:19:56 – Trump Reports $1.5B+ in 2025 Crypto Earnings
00:25:01 – Abu Dhabi Proposes New Offshore Oil Benchmark
00:30:50 – George Cheveley, Ninety One Natural Resources Portfolio Manager
00:37:16 – Ethiopia’s $1B bond jumps after restructuring deal
00:42:09 – Dubai’s financial center draws top tenants
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Today’s main event takes place in Sintra, Portugal, where the ECB hosts the final day of its annual symposium. The Fed’s new chief Kevin Warsh makes his first public appearance outside of the US alongside the ECB’s Lagarde and BOE’s Bailey. Markets are looking for any clues about the trajectory of rates.

President Donald Trump reported earning at least $1.4 billion in 2025 from crypto and memecoin-related businesses, according to his latest annual financial disclosure.

Trump reported making more than $594 million from sales by World Liberty Financial, the crypto firm whose co-founders include Trump, his sons, and Steven Witkoff, a top diplomat in his administration. Zach Witkoff, the special envoy’s son, serves as chief executive officer.

The Opening Trade has everything you need to know as markets open across Europe. With analysis you won’t find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Anna Edwards and Tom Mackenzie.

Chapters:
00:00:00 – The Opening Trade
00:00:45 – Market Check
00:01:48 – Kevin Warsh in Sintra
00:05:08 – Yen Higher from 4 Decade Low
00:06:43 – Anthropic Fable 5 Export Restrictions Lifted
00:11:11 – ECB Policymakers on Inflation
00:21:50 – Trump Reports $1.4 Billion in Crypto Earnings
00:22:09 – Schneider Electric to Buy AI Firm Cognite
00:22:50 – Nike Stock Falls
00:25:06 – Bond Market
00:35:26 – US Says Witkoff, Kushner Had Positive Talks in Doha
00:39:39 – Bullish July Is Just a Matter of Timing: MLIV
00:47:25 – Stocks to Watch: Sportswear, AB Foods, Schneider Electric
01:05:44 – Anthropic Fable 5 Restoration
01:17:34 – European Steel Association Director General Axel Eggert
01:26:42 – McKinsey’s Olanrewaju on Europe Business Outlook, AI
01:33:15 – US Jobs Report This Week
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This week, a special edition of Wall Street Week on the USMCA trade deal. The renegotiations are testing the future of an auto industry built on decades of cross-border integration. And, American farmers increasingly depend on exports to Canada and Mexico as other overseas markets become more difficult to access. Plus, years of infrastructure investment have created an energy market that crosses borders more easily than political narratives suggest. Later, can three countries with different priorities still agree on a common economic vision?

Chapters:
00:01:34 – Autos
00:12:08 – Agriculture
00:23:51 – Energy
00:35:42 – USMCA Roundtable
00:47:26 – Best and Worst Scenarios
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The US, Japan, India and Australia launched a maritime surveillance initiative for the Indo-Pacific region as the Hormuz crisis deepens. Debjit Chakraborty explains how the high-profile summit aims to counter growing threats to commerce.
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