GBPJPY selling, EURGBP buying the prime movers. Large option expiries at 1.3250 should cap rallies.
Offers: 1.3230-35 1.3250 1.3280 1.3300 1.3335 1.3350-55 1.3380 1.3400
Bids: 1.3200 1.3180 1.3165 1.3150 1.3130 1.3100 1.3080 1.3050 1.3030 1.3000
Most Popular
Sponsored
KOS drops 7.7% on downgrade & stock offering. Year-to-date rally leaves it overvalued.
GEV jumps 4% on analyst upgrades & MVM deal; up 43.5% YTD, volatile.
Australia’s PM Albanese is in Singapore seeking fuel supply assurances as Hormuz disruptions strain energy flows. With 84% import reliance and Singapore supplying over half its petrol, supply risks are rising across key sectors.
META jumps 2.4% on new AI & $21B CoreWeave deal. Down YTD but up 100% in 5 yrs.
ADSK, PCTY, RPD plunge on AI disruption fears. Burry eyes legacy SaaS vulnerability. Buy dips?
Japan wholesale inflation rose 2.6% y/y in March, with import prices surging on higher oil costs. The BOJ warned of stagflation risks if the Middle East conflict persists, as markets price a rising chance of a near-term rate hike.
FRT yields 4.1% with 58 yrs of dividend hikes; EPD yields 5.7% w/ 1.7x coverage; ARCC yields 10.5% but is volatile.
Sponsored
Must Read
