International organizations jointly warn of the negative impact of Middle East conflicts

老虎证券2026/05/30 08:22

Show original

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

The statement said that while the global economy still demonstrates resilience, the increase in fuel and fertilizer prices caused by conflicts in the Middle East, together with greater uncertainty and risks to employment and livelihoods, is having a greater impact on the most vulnerable countries. As some nations enter the planting season, the rise in fertilizer prices is especially concerning. The statement emphasized the importance of closely monitoring fertilizer supply chains, energy and economic conditions, and policy responses. It also noted that, due to the "congestion" in the Strait of Hormuz, global oil inventories are declining at a record pace. If shipping does not return to normal, global oil inventories will continue to fall rapidly ahead of the peak demand season in the Northern Hemisphere summer, which will pose increasing risks to fuel security, market conditions, and economic resilience.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

On October 9, shares of Australian QBE Insurance Group (QBE.AX) continued their upward trend, rising 1.8% to AUD 24.805, reaching the highest level since August 5. The stock has gained approximately 4.2% this week and is on track for its best weekly performance since early June. Earlier this week, Citi noted in a report that the insurer stands out from its domestic peers due to its ability to achieve at least mid-single-digit, volume-driven gross written premium (GWP) growth while maintaining underwriting margins. The broker upgraded the stock's rating to "Buy" and raised its target price by 10.3% to AUD 26.70. The report also stated that QBE has currently reached a total premium income of USD 1.5 billions and is expected to increase to USD 2.5 billions in the medium term. Citi added that it remains optimistic about the stock thanks to enhanced earnings stability brought by prudent reserving. So far this year, QBE shares have risen about 25%.

路透社•2026/10/09 03:51

Nvidia Stock Faces Critical Warning Sign. Is the AI Trade Breaking?

BeInCrypto•2026/10/09 03:45

Deutsche Bank estimates the impact of rising interest rates: US major banks face capital pressure, and stock buybacks may collectively hit the brakes.

Deutsche Bank recently released an industry research report focusing on the capital pressure faced by large US banks amid a significant rise in interest rates expected in Q3 2026.

智通财经•2026/10/09 03:42