Yemen Says Houthis Hit Presidential Palace, EU-Gulf Summit in Saudi Arabia Postponed

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Read a transcript preview of “Yemen Says Houthis Hit Presidential Palace, EU-Gulf Summit in Saudi Arabia Postponed” from Bloomberg Television, uploaded on 2026-10-16.

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Language: English

[0:12] THIS IS "HORIZONS MIDDLE EAST AND AFRICA." I’M ABEER ABU OMAR.

[0:16] LET’S START BY GIVING YOU AN UPDATE ON WHAT MARKETS ARE

[0:17] DEFENSIVE COORDINATOR THIS MORNING.

[0:19] YOU’RE SEEING A LITTLE BIT OF AN UPSIDE MOVEMENT IN THE

[0:23] FUTURES PICTURE. S&P AND NASDAQ ARE HIGHER.

[0:32] THE MSCI PACIFIC SAME STORY. RISING BY 1.5%.

[0:37] BRENT CRUDE AS WELL IS DROPPING THIS MORNING, .6% LOWER.

[0:41] WE CONTINUE TO MONITOR SITUATION IN THE MIDDLE EAST.

[0:44] THE YIELD ON THE BENCHMARK IS NOW AT 5.1%, A LITTLE BIT OF AN

[0:49] UPSIDE ON THE YIELD MOVEMENT. OVERALL HOLDING GAINS FROM THE

[0:53] LAST SESSION.

[0:59] NOW AS WE HAVE JUST WATCHED, I.M.F.

[1:01] MANAGING DIRECTOR AND FED CHAIR HAVE WRAPPED UP A HALF-HOUR OF

[1:06] FIRESIDE CHAT AT THE I.M.F. MEETING IN BANGKOK.

[1:08] THEY DISCUSSED MULTIPLE THINGS. NO FORWARD GUIDANCE FROM WARSH.

[1:14] HE SAID DECISIONS IN OCTOBER AND DECEMBER WILL HAVE TO BE

[1:18] MADE BUT HE DID NOT SPECIFY WHAT’LL BE MADE BUT HE SAID A

[1:22] NEW CHAPTER OF THE FEDERAL RESERVE IS NOW HERE REITERATING

[1:26] HIS STANCE FROM WHEN HE WAS APPOINTED IN MAY.

[1:29] HE SAID PRICE STABILITY IS THE FED’S MAIN MANDATE.

[1:37] WHEN IT COMES IT COME IT COMES TO AI, THEY SPOKE A LOT OF AI

[1:43] AND THE FED TASK FORCE SET FOR NOVEMBER 16.

[1:46] WARSH SAID THE FED IS GOING TO COME OUT OF THIS PERIOD

[1:50] STRONGER OF COURSE REFERRING TO ALL THAT IS HAPPENING WHEN IT

[1:57] COMES TO GEO POLITICS. THOSE ARE SOME OF THE TOP

[2:03] HEADLINES THAT WE HAVE BEEN MONITORING. WE HAVE BLOOMBERG

[2:07] "SURVEILLANCE" CO-ANNE ANCHOR WITH US.

[2:11] LISA, GOOD MORNING. GOOD TO HAVE YOU ON OUR

[2:13] TIMELINE. CAN YOU GIVE US AN OVERVIEW OF

[2:18] WHAT YOU HAVE BEE

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