Via a Bloomberg interview, a quick 5 minute video for a sideways-trading Asian session so far ...
State Street remain bearish on the US dollar
State Street remain bearish on the US dollar
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Oil prices surge on supply fears & shrinking inventories. Brent hits $113+, WTI $109+. Upside risk looms.
Alphabet's cloud surge fuels AI capex, up 63% YoY. Meta drops 6% on unclear AI ROI.
LIRR strike looms! MTA warns of 8% fare hike & cuts if demands aren't met. Riders brace for disruption.
AI infrastructure booms with 25% annual growth. Vertiv's 30% revenue jump & profitability shine, while DigitalOcean sees 15% revenue growth & Hut 8 faces losses.
Strait of Hormuz closure fuels stagflation fears. Brent crude hits $112, Europe faces recession risk as oil prices surge.
US GDP grew 2.3% on AI/govt spending, but inflation & Iran war risk consumer budgets.
FVRR jumps 17% on AI optimism & strong guidance, trading at 5.9x forward earnings.
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