Navitas (NVTS) saw 376% gains but faces risks. IBM offers steady AI growth, 36% upside, and a 20 P/E.
PBOC is expected to set the USD/CNY reference rate at 6.8928 – Reuters estimate
Iran uranium fears keep oil prices high. Troops on ground risk $200/bbl spikes. Europe hesitant.
Japan flags FX intervention risk. Oil shock drives yen volatility and policy response. Supportive for yen near-term via intervention risk;
Saudi pipeline bypass eases oil shock, here's what’s next for global supply. Saudi Arabia’s pipeline pivot is helping stabilise oil markets, but risks remain elevated
UK calls emergency COBRA meeting as Iran war lifts inflation and gilt yields The UK moves into crisis mode
Mortgage balances hit $258K, up 26% since 2019. New buyers face $2K+ monthly payments amid rising rates.
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