Equity losses as USDJPY remains on the back foot 23 May
- high 19693.02
- low 19585.54
- Topix -0.16% at 1565.22
- USDJPY 111.03 after failing into 111.20
In Australia the S&P/ASX200 closed down 1.11% at 5785.70
In Australia the S&P/ASX200 closed down 1.11% at 5785.70
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DFIN soars 20% on strong earnings beat, while PYPL drops 14.5% on revenue miss. WU down 3.7%.
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Gas prices surge to $4/gallon, impacting budgets. Drivers seek savings via apps & rewards programs.
VSEC down 18.8% despite earnings beat; DXPE down 9.1% on strong revenue growth. Mixed sector returns.
Rebellions lands $166M gov't boost for AI chips, aiming to rival Nvidia. High growth potential, but competition is fierce.
Gold & silver surged 56-78% but now face profit-taking & speculation risks. Fundamentals remain, but expect volatility.
Oil nears $105/bbl on Iran tensions. BlackRock sees $150 risk. Supply chain woes persist.
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