In the note Bank of America / Merrill Lynch recommended a long AUD/JPY at 74.75
Its below that now, so if you like the reasoning its a better buy.
Stop 71.50, target 80
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Tariff refunds offer cash collateral, but risk partial payouts. Selling claims yields less now.
Prediction markets boom, but lack hedging tools & regulatory clarity. High spreads offer risk.
Oil prices near $98/bbl, July futures at $85. Stocks may rally if oil drops 15%. Software ETFs down 7%.
Big banks report amid Iran tensions & inflation data. TSM signals strong AI chip demand. Nasdaq +4.7% weekly.
BAC trades at 14.2 P/E, aiming for $98 in 5 yrs. EPS growth projected at 13.2% annually.
China EVs gain Mexico share as US exports soften. BYD eyes US/Canada entry, targeting 400mi range @ $285k.
Iran conflict sparks oil surge, inflation to 3.56%. Pricy market faces rate hike risk.
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