belgium's central bank chief pierre wunsch said europe has been "naive" for sticking with its old economic model. the eu needs to adapt to a geopolitical reality now shaped by the us and china, he argued. wunsch didn't offer specific policy prescriptions in the remarks, but the critique lands as europe faces pressure on both trade and defense from washington and beijing.
source: ft_home
sentiment: -0.30 · impact: 0.60
oil started the week higher on a disputed claim of an iranian strike on a u.s. navy ship in the strait of hormuz. the report, which hasn't been confirmed by u.s. officials, added fresh volatility to crude markets. the strait of hormuz is a key chokepoint
source: marketwatch_top sentiment: -0.70 · impact: 0.80
kevin warsh, trump's pick to lead the fed, is drawing confusion from six former fed officials over his views on fed independence. the sticking point: he draws a line between monetary policy — which he says should be "strictly independent" — and "non-monetary matters" like international
the weight-loss and diabetes drug boom is creating a bubble risk for pharma, according to a deloitte report out monday. r&d returns for the top 20 pharma companies hit 7% for a third straight year, driven almost entirely by glp-1 drugs like wegovy and zepbound. strip those out
