StanChart targets higher return in 2028, plans 15% cut in corporate roles by 2030

StanChart targets higher return in 2028, plans 15% cut in corporate roles by 2030 Source link
Gold Price Forecast: XAU/USD Holds Above $4,500 After 4-Day Slide From $4,770 as Yields Hit 4.60% Peak – TradingNEWS

Gold Price Forecast: XAU/USD Holds Above $4,500 After 4-Day Slide From $4,770 as Yields Hit 4.60% Peak TradingNEWS Source link
Japanese Yen has quietly erased the intervention rally

The Yen drifted toward the 159.00 zone through Monday’s session and closed close to 158.80, marking a sixth straight losing day against a US Dollar that just refuses to peak. The price action itself was unremarkable, a 60-pip range on the day, but the trajectory is striking. The intervention rounds that began on April 30 […]
BP fails to reach deal with union as Indiana refinery lockout drags on

BP fails to reach deal with union as Indiana refinery lockout drags on Source link
Oil shock and US yields pressure importers – MUFG

MUFG’s Michael Wan highlights that Asian Emerging Markets (EM) currencies have weakened as higher US real yields, a stronger Dollar and elevated Oil prices weigh on sentiment. Oil-importing currencies such as Indian Rupee (INR) and Philippine Peso (PHP) are singled out as most vulnerable, alongside Indonesian Rupiah (IDR) given its sensitivity to United States (US) […]
Key moments in the Musk vs OpenAI trial

Key moments in the Musk vs OpenAI trial Source link
Gold Price Forecast: XAU/USD buyers are losing the battle – FXStreet

Gold Price Forecast: XAU/USD buyers are losing the battle FXStreet Source link
K-shaped NODX upswing to persist – UOB

UOB economist Jester Koh highlights a strong rebound in Singapore’s Non-oil Domestic Exports (NODX), led by electronics and pharmaceuticals, with petrochemicals slightly softer. Koh argues that K-shaped export growth will likely persist, as AI-related electronics and semiconductors stay resilient while non-electronics exports face supply disruptions and higher energy prices, making it premature to call a […]
Delta CEO defends Amazon over Starlink on tech and pricing – Bloomberg

Delta CEO defends Amazon over Starlink on tech and pricing – Bloomberg Source link
Brazil’s Omnia, Casa dos Ventos sign $2 billion energy deal for TikTok data center

Brazil’s Omnia, Casa dos Ventos sign $2 billion energy deal for TikTok data center Source link
