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investingLive Asia-Pacific FX news wrap: Australian unemployment rate jump, AUD lower
LLY's GLP-1 sales soar 125%, but P/E is 35x. NVO down 45%, P/E 10x, offers turnaround potential.
SaaS stocks shed 9.2% vs S&P 500's 11.6% gain. DDOG (16.7x P/S) shines; ADSK (6.2x P/S) & WIX (1.3x P/S) face headwinds.
Global oil stockpiles are falling at a record 8.7 million barrels per day in May as Hormuz flows sit at just 5% of normal levels, Goldman Sachs said, with Brent crude trading near $106, up over 70% this year
Samsung shares jump 6% as strike is suspended. Wage deal reached, but AI bonus spat looms.
CTAS, COP, CHRD show strong returns (104%, 124%, 90.6%) with solid growth. Valuations vary: CTAS at 31.8x P/E, COP at 12.7x, CHRD at 7.7x.
Intervention by the Reserve Bank of India sends the rupee sharply higher. The Indian rupee has been under sustained selling pressure in recent months
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