Nikkei (Japan index) now down over 5%
AUD/USD is under 0.6560 having been even lower (circa 0.6523 lows)
NZD/USD is under 0.6290
USD/JPY below 103.40 pushing down further on the session also
USD/CAD abovwee1.3660 extending higher
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AMTM's operating margin jumps to 4.3% on strong bookings, but EPS misses. Backlog grows 6.7%.
SOFI dips 3% on inflation fears & high yields. Down 40% YTD, it faces headwinds despite growth.
NVDA's AI dominance tested by Q1 outlook. Traders eye data center demand & valuation.
ECB Governing Council member and Bundesbank President Nagel said the ECB may have to act at its June meeting as the Iran energy shock proves persistent and the probability of broader inflation spreading continues to rise.
Mexico eyes doubling beef exports to US amid screwworm losses. Livestock trade hit $1.8B.
3PL insurance premiums may surge 3X-5X post-Montgomery ruling, impacting trucking rates and capacity.
UPST down 33% YTD. AI bank charter could lower costs, but faces tough competition & regulation.
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