South Korean Fin Min says KRW volatility is excessive compared with economic fundamentals
South Korean Finance Minister says KRW volatility is excessive compared with economic fundamentals.Add then that adds ...
Japan FX intervention flips yen from undervalued to overvalued, StanChart says
Standard Chartered says suspected Japanese FX intervention totalling around $65 billion has shifted the yen from slig ...
PBOC is expected to set the USD/CNY reference rate at 6.7888– Reuters estimate
The People’s Bank of China is due to set the daily USD/CNY reference rate at around 0115 GMT (2115 US Eastern time), ...
UBS and Morgan Stanley bullish on Chinese stocks amid AI and resilience story
UBS and Morgan Stanley have turned positive on Chinese equities, citing earnings recovery, AI momentum and China̵ ...
UK house prices fall at fastest pace since 2023 as Iran war hits sentiment
The RICS UK house price balance fell to -34 in April from -25 in March, the weakest reading since November 2023, as I ...
Cisco after hours stock 20% price surge – here’s why (cutting ~4000 jobs)
Cisco is cutting circa 4,000 jobs in a restructuring costing up to $1 billion, freeing resources for AI, silicon and ...
Morgan Stanley lifts S&P 500 target to 8,000 on earnings growth story
Morgan Stanley raised its S&P 500 year-end target to 8,000 from 7,800, citing strong earnings growth driven by AI ...
Hormuz closure drives OPEC to slash demand outlook as OPEC+ output falls 1.74 million bpd
OPEC has cut its 2026 global oil demand growth forecast to 1.17 million bpd from 1.38 million bpd, citing the Iran wa ...
UAE denies Netanyahu held secret meeting with Emirati president during Iran war
The UAE has denied Israel PM Netanyahu visited the country for a secret meeting with its president during the Iran wa ...
Rubio wants to China to come to the rescue in Iran war
Secretary of State Marco Rubio is pressing China to use its leverage against Iran over Tehran’s actions in the ...
ICYMI – Boston Fed’s Collins raises prospect of rate hikes if inflation broadens
Boston Fed President Susan Collins raised the possibility of rate hikes if inflation broadens, citing rising inflatio ...
investingLive Americas FX news wrap 13 May: PPI shocks markets, stocks recover
The S&P and NASDAQ indices close at record levels. The Dow industrial average lagsECBs Lane:Monetary policy decis ...