Ford (F) says its FY26 guidance of USD 8.50–10.50bln sees an expected ~USD 2bln per year commodities headwind

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Kuwait's Foreign Ministry says they are to reduce Iranian diplomatic mission due to the recent attacks

NBP Governor Glapinski says the central bank has approximately 613 tonnes of gold reserves and confirms its reserves target of 700 tonnes

Ford (F) says its FY26 guidance of USD 8.50–10.50bln sees an expected ~USD 2bln per year commodities headwind

The US has added an annex to its proposal to end the war and renew freedom of navigation in the Strait of Hormuz, requiring Iran to clarify where the stockpile of enriched uranium is located and how it will be transferred, via Hayom citing sources

Barclays (BARC LN) affirms 2026 RoTE >12% and 2028 RoTE >14%; Q1 RoTE of 13% was achieved despite 170bps drag from motor finance and a single name item

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  • Ford is “very comfortable” with that range despite aluminium pricing creeping higher.

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