The People's Bank of China cut rates twice yesterday:
Another rate cut from the PBOCis expected on Thursday:
The People's Bank of China cut rates twice yesterday:
Another rate cut from the PBOCis expected on Thursday:
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Software stocks dive on AI disruption fears. Palantir, MSFT, ORCL face valuation pressure as investors flee.
China’s yuan has risen nearly 6% in nine months on strong exports and FX inflows. Analysts see further gains in 2026, but expect authorities to lean against rapid appreciation to protect exporters and maintain economic stability.
PBOC to inject 800 billion yuan via three-month reverse repo operation
RELX & Wolters Kluwer plunge 10%+ on AI fears; investors eye valuation shifts as Anthropic enters legal tech.
Tech stocks dump 2% as investors rotate to defense; CMG, AMD slide on outlook. GOOG, AMZN earnings loom.
Nikkei 225 futures show mixed action; March contract up 175 pts, volume light. Watch open interest drop.
Sen. Tillis said a presidential pardon for Fed Chair Powell would not end his blockade of central bank nominees, insisting the Justice Department investigation must conclude first, leaving Kevin Warsh’s confirmation stalled.
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