From the day before: China president Xi to visit Moscow later today
From the day before: China president Xi to visit Moscow later today
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Softer Japan wage data unlikely to derail BOJ hikes, even as yen risk grows Soft wage data won't stop BOJ hikes, but yen weakness and rising bond yields could ripple through global markets.
PBOC's Pan lifts Southbound Bond Connect quota to 800bn as Hong Kong expands gold links Beijing and Hong Kong unveiled a broad package linking bond, currency and gold markets more closely together.
AI fuels a 22% earnings surge, but watch for an 'earnings bubble' and potential market crash.
An unverified social media account alleges a former Tsinghua professor was briefly detained and had his accounts erased after warning of a possible 20 to 30 year stagnation for China's economy, in a claim that has not been independently confirmed.
PBOC sets USD/ CNY central rate at 6.8054 (vs. estimate at 6.7838)
MU dips 22% from highs. Analysts see a buying op, but some warn of shorting risks & valuation shifts.
Iranian forces fired missiles at commercial vessels in the Strait of Hormuz, hitting two ships and setting a loaded LNG tanker ablaze, a U.S. official said, reviving fears over shipping safety through the critical oil and gas chokepoint.
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