The new wire citing two unnamed sources
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investingLive Asia-Pacific FX news wrap: Gold cracked above US$4500, but then gave it back, Silver above $72. EUR, AUD and GBP to three months highs.
ABBV up 29% YTD on strong drug sales & dividend hikes; JNJ gains 5.4% on diversified healthcare & 60+ yrs dividend growth.
US Q3 GDP surges 4.3% on spending, but economist sees underlying growth near 2%. Watch for revisions!
Nomura flags Asia policy split as Fed seen cutting twice in 2026. Asia region decouples from expected U.S. easing, with implications for FX and regional bond markets.
The U.S. said it will impose tariffs on Chinese legacy chips but delayed the move until June 2027, signalling a bid to ease trade tensions with Beijing while keeping enforcement options open following a Section 301 probe.
S&P 500 hits record 5300+ on strong GDP! Nvidia & Google flash buy signals. Traders eye further gains.
South Korea’s central bank said the National Pension Service has activated strategic FX hedging, adding a new institutional tool to manage won volatility and counter persistent currency weakness without direct market intervention.
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