Dow Jones rides an Iran peace bid, but Nvidia holds the real verdict

Dow Jones rides an Iran peace bid, but Nvidia holds the real verdict

The Dow spent Wednesday hostage to two things it cannot control, the bond market and an Iran headline, and by the time of writing, the headline had won. Futures had been grinding lower under the weight of a vicious selloff in long-dated Treasuries, then turned on a dime and ripped back toward the session highs […]

Strong flows face real-rate risks – BNY

Strong flows face real-rate risks – BNY

Geoff Yu at BNY highlights that Latin American (LatAm) equities have attracted strong inflows thanks to improved terms of trade and resilient currencies. However, higher real rates and tighter financial conditions could eventually pressure earnings, potentially triggering softer equity performance and increased currency hedging demand. Regional stocks resilient but vulnerable “LatAm economies are also exposed […]