Ekonomist Mohit Kumar, İran-ABD anlaşmasının sürdürülemezliğini, Hürmüz Boğazı'nın açılmasının zaman alacağını ve petrol fiyatlarının düşeceğini öngörüyor. Kumar, OPEC'in parçalanmasının BAE'ye, Venezuela'nın üretiminin artmasının ise orta vadede petrol fiyatlarını etkileyeceğini belirtti. Fed'in faiz kararında ise belirsizlikler olacağını tahmin ediyor.
While Bitcoin ETFs attract attention, dozens of obscure institutional products are emerging, allowing Bitcoin to be used like Treasuries and gold: pledged for loans, posted as margin, held as insurance reserves, and built into corporate balance sheets, indicating a shift beyond speculation into core financial machinery.
The US Department of Defense added WuXi AppTec to its list of Chinese military companies. Analysts predict minimal impact on the company and the broader pharma sector due to cost efficiencies and ongoing collaboration.
Jefferies International raporuna göre, ABD seçimler öncesinde Türkiye'ye Arjantin modeline benzer bir dolar swap hattı sunabilir. Bu, TL üzerindeki baskıyı azaltıp rezervleri güçlendirebilir.
Morgan Stanley, Goldman Sachs, Macquarie, Jefferies, and HDFC Securities have issued stock recommendations. Morgan Stanley is overweight on Reliance Industries, Goldman Sachs is buying Indigo, Macquarie recommends Asian Paints, Jefferies is buying Cummins India, and HDFC Securities rates Heidelberg Cement India as reduce.
Brokerages like Morgan Stanley, Goldman Sachs, Macquarie, Jefferies, and HDFC Securities have issued ratings and price targets for several Indian companies, including Reliance Industries, Indigo, Asian Paints, Cummins India, and Heidelberg Cement India, citing various performance metrics and future outlooks.
Analysts from Goldman Sachs, Citi, Jefferies, CLSA, and Morgan Stanley provide insights on ITC, LIC, Nykaa, Honasa, and LG Electronics India. Ratings range from neutral to buy, with varying target prices and outlooks on earnings, growth, and market conditions.
Jefferies raised Bharti Airtel's target price to Rs 2,350, citing strong Q4FY26 results. JP Morgan upgraded Cipla to overweight with a Rs 1,550 target, driven by US launch visibility. Morgan Stanley maintained an underweight rating on Dixon Technologies. HDFC Securities upgraded Hyundai Motor India to add, and Nomura has a buy rating on Crompton Greaves Consumer Electricals.
Kotak Securities maintains an add rating on PNB with a revised target of Rs 125, citing steady profitability despite weaker core earnings than peers. Jefferies reiterates a buy on Marico, raising its target to Rs 960, with management confident in strong EBITDA growth.
Morgan Stanley maintained overweight on Bajaj Finance (target Rs 1,120) with Q4FY26 adjusted PBT up 26% YoY; Jefferies set buy on Navin Fluorine (target Rs 8,385) citing 19% EBITDA and 30% PAT growth; HSBC upgraded IIFL Finance (target Rs 550) with 18% RoE; JP Morgan neutral on Federal Bank (target Rs 305) with 11% profit growth; Nomura buy on Waaree Engineering (target Rs 3,750) despite margin pressures.
Rolling coverage of the latest economic and financial newsTehran has ‘no plans to participate’ in new talks, state media reports, as it accuses US of violating ceasefireMohit Kumar of investment bank Jefferies remains hopeful that the US and Iran are moving towards a peace deal, despite the re-closure of the strait of Hormuz:Markets are in a risk off mode this morning as tensions have escalated with Iran closing the Strait of Hormuz and US blockade still in place. US seized an Iran cargo ship and Trump threatened to destroy power plants and bridges in Iran. Tensions have also escalated between Israel and Hezbollah with the killing of two Israeli soldiers and attacks on Southern Lebanon. This follows constructive talks last week, where US and Iran were moving towards a deal and Iran had agreed to open the Strait of Hormuz.Our view remains that we are moving towards a deal. Not because we believe that US and Iran have found a solution, but because of the MAD (Mutually Assured Destruction) principle. We are at a stage where it is not in the interest of either parties to carry on with the war. The MAGA base of Trump does not war to continue and Trump wants a deal. For IRGC, the objective is survival and destruction of infrastructure and economic hardship could sow the seeds of rebellion down the line. For Israel, the main objective is the weakening of Hezbollah and would not hinder a US Iran deal.Recent developments can be framed in two ways: either five steps forward towards peace and three back (seems more apt than three and two), or as evidence that the two sides remain far enough apart that a lasting deal will be extremely hard to achieve and markets have become far too optimistic. I lean more towards the former, but the comparison with recent history is uncomfortable.Remember the 10%+ S&P 500 rally in the early weeks of the war in Ukraine, when hopes briefly grew of an early negotiated settlement, only to be disappointed. That episode is a clear warning sign. Continue reading...
Crypto majors are red while Gold nears $5,000 and Silver closes in on $100; BTC -1% at $89,100; ETH -2% at $2,925, SOL -2% at $127; XRP -2% to $1.90. ZRO (+15%), AXS (+10%) and DASH (+8%) led top movers. Ledger is preparing for a $4B IPO, enlisting Goldman Sachs, Jefferies and Barclays for support. Ripple CEO Brad Garlinghouse predicted crypto could hit new highs in 2026, pointing to regulatory momentum and institutional participation as key drivers. President Trump sued JPMorgan for $5 billion, alleging politically motivated “debanking”. BitGo briefly surged in its stock market debut before finishing its first day of trading just over its $18 IPO price. BlackRock CEO Larry Fink pushed the idea of a single blockchain for tokenization to avoid corruption and aid in scaling. Kansas introduced its own Bitcoin Strategic Reserve bill. PwC said institutional crypto adoption has crossed a point of no return, as regulatory frameworks move from draft rules toward active supervision. Treasury Secretary Scott Bessent reaffirmed the Trump administration’s push for U.S. crypto leadership and support for a strategic Bitcoin reserve.
