Euro heavy across majors on Middle East tensions and growth concerns. Massive EUR/USD option expiries near 1.16-1.17 likely to cap moves. EUR/CHF bucking the trend, with possible SNB intervention in play.
ISRG jumps 7.6% on strong earnings beat! Revenue up 23%, margins expand. Still down YTD, but 5-yr returns are solid.
Google Cloud invests $750M in AI agents, boosting partner returns & innovation. High growth potential, but watch AI development risks.
SEDG jumps 4.1% on new storage launch, but 5-yr returns show risk. Still below 52-wk high.
IBKR's 21% YTD gain is strong, but its 35x P/E means less room for error. Rate cuts pose a risk.
LEU jumps 8.7% on expansion news, but remains volatile & down YTD. High risk, high reward potential.
CommBank FX Barometer: Australian corporates hedging up to 86% of FX exposure amid Iran war uncertainty. Super funds plan to lift hedge ratios across all asset classes, with AUD forecast near US$0.71-0.72 at year-end.
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