Estee Lauder and Puig end talks over possible merger
Estee Lauder and Puig end talks over possible merger Source link
Flows pressure KRW and tech theme – BNY
BNY’s Geoff Yu highlights that South Korean equities, especially AI and semiconductor names, face tightening financial conditions even as the KOSPI remains a top global performer. iFlow shows heavy institutional selling and extended outflows, which could now weigh on the Korean Won. Elevated inflation expectations and higher input costs across Asia suggest ongoing pressure on […]
Gold Price Forecast: XAU/USD recovers its shine on US-Iran deal renewed hopes – FXStreet
Gold Price Forecast: XAU/USD recovers its shine on US-Iran deal renewed hopes FXStreet Source link
US to invest $2 billion in IBM, other quantum computing firms
US to invest $2 billion in IBM, other quantum computing firms Source link
Banxico minutes flag upside inflation risks from Middle East conflict
Banco de Mexico (Banxico) released its latest meeting minutes on Thursday, in which the Middle East conflict dominated the board’s discussion. On May 7, Banxico cut rates by 25 basis points to 6.50%, while telegraphing that the easing cycle that began in 2024 is over. The decision was not unanimous, with a 3-2 vote, with […]
XAU/USD: Gold Seeks Direction as Swinging Prices Hurt Day Traders. What to Do? – TradingView
XAU/USD: Gold Seeks Direction as Swinging Prices Hurt Day Traders. What to Do? TradingView Source link
NHL signs prediction market integrity memo with US derivatives regulator
NHL signs prediction market integrity memo with US derivatives regulator Source link
Gold holds near lows as firm USD, hawkish Fed and Iran risks collide – FXStreet
Gold holds near lows as firm USD, hawkish Fed and Iran risks collide FXStreet Source link
MNB stance shifts focus to bonds over FX – BNY
BNY’s Geoff Yu argues that Hungarian asset positioning is stretched after elections, with markets now watching the central bank of Hungary Magyar Nemzeti Bank’s (MNB) upcoming decision. The new government prioritizes lower debt costs over Hungarian Forint (HUF) strength, aiming to attract duration flows via fiscal prudence. Yu expects unchanged policy, but warns HUF is […]
SpaceX could be worth more than Tesla and Meta after IPO, bettors predict
SpaceX could be worth more than Tesla and Meta after IPO, bettors predict Source link
