Oracle Drags Markets Lower; Labor Risks Weigh on Dollar | Horizons Middle East & Africa 12/11/2025
Bloomberg Television·2025-12-11 09:43
THIS IS HORIZONS: MIDDLE EAST AND AFRICA. OUR TOP STORIES THIS MORNING. MARKETS CHEER THE FED CUTS RATES BY A QUARTER POINT AS JEROME POWELL TAPS THE U.S. ECONOMY’S RESILIENCE.BUT PRESIDENT TRUMP THINKS THE CUT IS NOT ENOUGH. THE DOLLAR SUFFERS ITS WORST DAY IN NEARLY THREE MONTHS AS THE FED CHAIR HIGHLIGHTS LABOR MARKET RISKS WHILE DOWNPLAYING INFLATION CONCERNS. AND ESCALATING TENSIONS, U.S. FORCES INTERCEPT AND SEIZE A SANCTIONED OIL TANKER OFF THE COAST OF VENEZUELA.A MOVE THAT COULD MAKE IT MUCH HARDER ...