- ‘We’re not over the mountain but on right path’
- Finance markets are regaining trust
- Worried about policies from new Japanese govt which could cause too much liquidity
- ‘Inflation is worst form of social injustice’
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investingLive Asia-Pacific FX news wrap: USD rose on Warsh Trump Fed Chair pick talk
Bitcoin dumps 7.4% to $82K on Fed chair fears & tariffs; $1.68B liquidated. Options bet on $70K crash.
Morgan Stanley reiterated Overweight on Nvidia with a $250 target, saying recent share weakness is overdone. The bank sees strong AI demand, limited competitive risk and the Vera Rubin platform as catalysts for renewed outperformance.
Bitcoin dumps $10K in 24hrs, $1.75B longs liquidated! Traders eye $75K support amid Fed nominee jitters.
Asian stocks rally 10% this month, best since 2021. Traders eye continued momentum despite choppy trading.
Trump warned Britain against closer China ties as PM Starmer pursued a reset during a rare Beijing visit, hailing progress on trade access and tariffs while insisting the UK will not choose between Washington and Beijing.
UPS stock down 22% yields 6.13% dividend; P/E 15.17 suggests undervaluation despite modest growth.
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