RKLB jumps 10.2% on $816M SDA contract & Neutron progress. Volatile stock, but 5-yr return is 536%.
Strait of Hormuz closure risks $200 oil! SPR release a band-aid. Traders watch for supply shock.
Nvidia eyes $1T sales by 2027 on AI boom; Microsoft reshuffles AI leadership. Tech valuations soar!
Iraq's oil exports resume via pipeline, boosting output by 350k-410k bpd. Market impact TBD.
China firms boosted FX hedging as yuan strength pressures exporters, with forward settlement contracts hitting a record $107bn in February. Dollar weakness, firm PBoC fixing and strong exports are driving the currency higher.
PBOC sets USD/ CNY mid-point today at 6.8909 (vs. estimate at 6.8798)
UNH stock's 35% drop may be priced in; trading at 15.8x earnings, it's poised for a rebound.
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