That's the biggest jump for three decades Low rates the driver (as if that is news to anyone).
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Australia data - CoreLogic House Prices for March: +2.8% (prior +2.0%)
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- FT: Trump is pushing for 15 – 20% minimum tariff on all EU goods. EURUSD moves lower.
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Google caps Meta's Gemini AI use amid capacity crunch. GOOG tops Verizon returns.
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PBOC sets USD/ CNY reference rate for today at 6.8175 (vs. estimate at 6.8041)
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Sth Korea unveils three AI and chip mega-projects including a new southwest semiconductor hub, with investments potentially exceeding $650 billion. Samsung and SK chairmen are attending as President Lee frames the plan as a national survival strategy
investingLive Exclusive
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The BIS warned Sunday that a $1 trillion AI investment boom risks an abrupt bust and recession if returns disappoint, comparing the cycle to the dot-com crash and railway mania of the 1840s.
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PBOC is expected to set the USD/CNY reference rate at 6.8041 – Reuters estimate
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