The dollar on session lows against most of its counter-parties as President Obama is re-elected. Gold rallies, S&P falls, Shanghai SEC lower, treasure yields off.
The dollar on session lows against most of its counter-parties as President Obama is re-elected. Gold rallies, S&P falls, Shanghai SEC lower, treasure yields off.
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COIN jumps 5.9% on bullish Bitcoin signals & new listings, shrugging off lawsuit fears. Still volatile!
Fake news (social media) on an attack on Tehran sent oil up, stocks down. Unwound now.
CSL stock plunges 25% YTD on vaccine mandate reversal & earnings slump. Valuation concerns mount.
Brent crude hits $101.40 on Strait of Hormuz tensions; StanChart sees $95 as uneasy equilibrium.
Japan’s composite PMI eased to 52.4 (exp. 51.4) as manufacturing surged to 54.9 but services slowed to 51.2. Strong factory output offset weaker domestic demand, while rising costs and falling confidence point to a more uneven growth outlook.
PBOC is expected to set the USD/CNY reference rate at 6.8294 – Reuters estimate PBOC CNY reference rate setting for the trading session ahead.
New Zealand Finance Minister on Iran war: Inflation could hit 7.4% (worst case scenario)
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