Risk-off wave starts to sweep across markets ahead of European trading
After the record highs in Wall Street yesterday, the mood music is switching around as we get into the new day. With markets turning their attention to Trump’s visit to China, the war in the Middle East continues to rage on. While there might have been some hopeful optimism about maybe expecting Trump to push […]
Buzz Capra Passes Away – MLB Trade Rumors
Former All-Star and ERA champion Lee “Buzz” Capra passed away on Monday at age 78. The news was confirmed this afternoon by his alma mater, Illinois State University. A Chicago native, Capra helped Illinois State to a Division II national championship as a senior in 1969. The 5’10” righty was drafted by the Mets in […]
New Zealand manufacturing expansion slows sharply in April, PMI data shows
New Zealand’s manufacturing PMI slipped to 50.5 in April from 52.8 in March, with new orders and raw material deliveries both contracting as Iran war freight disruptions weigh on the sector. Summary: According to the BNZ/BusinessNZ Performance of Manufacturing Index for April 2026: The seasonally adjusted PMI fell to 50.5 in April from 52.8 in […]
Japan currency intervention not likely to sustainably curb yen weakness – poll
This is the findings from the latest Reuters’ poll on economists, involving the BOJ and the Japanese economy: Median forecast sees BOJ raising interest rates to 1.25% in Q4 (unchanged) 65% of economists anticipate policy rate to rise to 1.00% in June 74% of economists see currency intervention as unlikely to sustainably curb yen weakness […]
PBOC is expected to set the USD/CNY reference rate at 6.7976 – 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), a fixing that remains one of the most closely watched signals in Asian foreign exchange markets. China operates a managed floating exchange rate system, under which the renminbi (yuan) is allowed to trade […]
Reza Pahlavi on Trump, Iran and whether the regime will ever fall
Reza Pahlavi on Trump, Iran and whether the regime will ever fall lead image Source link
investingLive Asia-Pacific FX news wrap: KOSPI 8K record short-lived as Iran nerves bite
Government bond yields ground higher across the session, with the 10-year US Treasury pushing above 4.5%, lending support to the dollar while weighing on equities and metals. It was a broadly risk-off tone that built gradually through the day rather than arriving in one sharp move. The Federal Reserve provided the early narrative. New York […]
FBI Chief Kash Patel Went for ‘VIP Snorkel’ in Off-Limits Area on Hawaii Work Trip
Kash Patel went to Hawaii last year for what the FBI said was a work trip and definitely not a vacation … though unless he was checking on the FBI office underwater, it’s hard to say why he needed to go snorkeling. According to the Associated Press … new emails show government officials referring to […]
More from Fed’s Barr – hasn’t decided on what to do at June FOMC meeting
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not […]
Chud the Builder Alleged Shooting Victim Rushed Away on Gurney, Video
Play video content The alleged victim who cops say was shot by Chud the Builder looked upright and alert in a video taken right after the incident went down yesterday. We’ve obtained a clip capturing the aftermath of the alleged shooting outside a Tennessee courthouse Wednesday … and it shows an individual other than Chud […]
