Bloomberg ETF IQ

9 hours ago | bloomberg.com | Fiona MacDonald |Mirette Magdy

Residential and commercial buildings in Cairo, Egypt. (Bloomberg) -- Kuwait is in advanced discussions to convert $4 billion of deposits held in Egypt’s central bank into investments in the country, another boost for the Middle East’s most populous nation as it rebounds from the worst economic crisis in decades.

12 hours ago | bloomberg.com | Ntando Thukwana

Lesetja Kganyago(Bloomberg) -- South Africa’s central bank Governor Lesetja Kganyago said that lower oil prices have helped drive inflation in the country to a multiyear low and would probably continue to do so. “We still think that the next print might still have a 2-handle to it, but the environment is uncertain,” Kganyago told Bloomberg Television Thursday in Washington, on the sidelines of the International Monetary Fund and World Bank Spring Meetings.

14 hours ago | bloomberg.com | Faseeh Mangi |Pratik Parija

A wheat harvest in the Chakwal district of Punjab province, Pakistan. (Bloomberg) -- India’s unprecedented move to suspend a water-sharing pact in response to a gun attack in Kashmir earlier this week threatens to hurt crops and power generation in Pakistan, just as temperatures begin to rise sharply in the pre-monsoon summer. Disruption is unlikely to be swift, agricultural and diplomatic experts said, pointing out India does not currently have the capacity to divert large volumes of water.

15 hours ago | bloomberg.com | Constantine Courcoulas

The Euronext stock exchange in Paris. Photographer: Nathan Laine/Bloomberg(Bloomberg) -- Europe’s fragmentation and market inefficiencies actually offer attractive opportunities for flexible capital providers as banks retreat, according to Davidson Kempner, a $37-billion global investment firm.

18 hours ago | bloomberg.com | Lily Nonomiya

Good morning. Donald Trump backs off on his two frequent punching bags. The US turns up pressure on Ukraine. And online merchants are being bombarded with offers to help dodge tariffs. Listen to the day’s top stories. Confronted with fresh warnings from financial markets, business leaders and top advisers, Donald Trump this week eased off on two of his frequent punching bags: Federal Reserve Chairman Jerome Powell and China.