Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Revolut chief executive Nik Storonsky started his career as an equity derivatives trader, a business that was built on the idea of making bets with limited downside and potentially massive pay-offs. Investors offering him a … Read more
This article is an on-site version of our Unhedged newsletter. Premium subscribers can sign up here to get the newsletter delivered every weekday. Standard subscribers can upgrade to Premium here, or explore all FT newsletters Good morning. The US stock and bond markets didn’t care much about the US strikes in Iran. The S&P 500 … Read more
Currencies, stocks and bonds in developing countries are defying US President Donald Trump’s trade war and the conflict in the Middle East to outperform global markets in 2025, after years in the shadow of a strong dollar. A JPMorgan index of the local currency bonds of large emerging markets and an MSCI gauge of their … Read more
Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world Policymakers in Washington are considering a multibillion-dollar tax break for private credit funds as part of President Donald Trump’s flagship spending plan, even as the bill would swell US debt and cut programmes … Read more
Stay informed with free updates Simply sign up to the US interest rates myFT Digest — delivered directly to your inbox. Federal Reserve vice-chair for financial supervision Michelle Bowman has called for an interest rate cut as soon as July, saying President Donald Trump’s trade war would have a smaller effect on inflation than some … Read more
Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world Oil prices tumbled on Monday afternoon in a sharp turnaround as traders interpreted Iranian missile strikes against a US air base in Qatar as a sign that it is likely to avoid attacking … Read more
Stay informed with free updates Simply sign up to the Oil & Gas industry myFT Digest — delivered directly to your inbox. BP, TotalEnergies and Eni have begun to evacuate staff from oilfields in Iraq amid fears that neighbouring Iran may retaliate against Israel and the US by bombing energy infrastructure in the region. The … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is director of research and co-founder at Energy Aspects The threat of Israel or the US striking Iran has hung over oil markets for decades. Now that it has happened, however, the market … Read more
Mines across one of the world’s most strategically important waterways. Western-made missiles scuttling oil tankers that braved the journey. The US on the brink of a direct war with Iran. So went the “tanker war” of the 1980s, when Iranian and Iraqi sieges of the 33km-wide Strait of Hormuz — one of the most vulnerable … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Chamath Palihapitiya is back! The self-styled “Spac King”, whose blank-cheque deals incinerated billions of investor dollars, has announced he’s “probably” launching another one. That’s despite an abysmal record and the overwhelming thumbs-down verdict of a … Read more