Japan services PMI hits 11-month low in April. War costs bite, input costs 42-month high
Japan’s services PMI fell to 51.0 in April from 53.4, an 11-month low, as Middle East war costs drove input inf ...
Morgan Stanley sees gold at $5,200 (Central bank buys, Fed cuts), fear trade is now dead
Morgan Stanley targets $5,200 gold this year, driven by ETF buying, China accumulation and 2027 Fed cuts, but warns t ...
PBOC is expected to set the USD/CNY reference rate at 6.8138 – 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), ...
Paul Tudor Jones says AI bull market has one to two years left to run
Paul Tudor Jones says the AI bull market has one to two years left, likens the moment to 1999, and warns the eventual ...
Japan wage growth streak hits three months, putting June BOJ move in focus
Japan’s real wages rose 1.0% in March, a third straight monthly gain; total cash earnings rose 2.7% against a 3 ...
Deutsche Bank flags inconsistent market pricing as Iran conflict drags on
Deutsche Bank warns markets are pricing the Iran conflict inconsistently across equities, rates and credit, with long ...
Iran and Israel report separately that hostility flare up has ended at present
Iran and the US exchanged missiles and more:Reports filtering in that Iran launched missiles at US Navy shipsUS strik ...
US trade court strikes down Trump’s 10% global tariffs in 2-1 ruling
A US trade court struck down Trump’s 10% global tariffs 2-1, ruling the duties were not justified under a 1970s ...
US CENTCOM says US destroyers repelled Iranian attack in Strait of Hormuz
Iran fired missiles, drones and small boats at three US Navy destroyers in the Strait of Hormuz; no US assets were hi ...
US strikes Bandar Abbas and Qeshm as Gulf tensions surge past ceasefire
US military strikes hit Iran’s Bandar Abbas and Qeshm Island; Iran claims it fired missiles at three US destroy ...
investingLive Americas FX news wrap 7 May
Reports filtering in that Iran launched missiles at US Navy shipsNASDAQ and S&P closed lower. No record close tod ...
Reports filtering in that Iran launched missiles at US Navy ships
The good vibes are continuing to deteriorate. Reports out of the Middle East are that Iran attacked US missile destro ...