 |
|
|
|||||
The British pound and yen faced pressure amid global fiscal concerns and Japanese political uncertainty. UK's borrowing costs surged, impacting sterling, while Japan's yen weakened following a ruling party official's resignation announcement. This boosted the dollar against other currencies. Investors are also closely monitoring upcoming U.S.
Category:
News and Media
While US Treasury Secretary Scott Bessent dismissed the SCO summit, telling Fox News it was largely performative, to other observers Xi has pulled off a meaningful shift in the balance of diplomatic power.
Category:
News and Media
Treasuries stabilized in Asian trading following corporate-debt sales and budget worries that impacted bonds and stocks. US 30-year bond yields remained near 5%, affecting tech shares, while Japan's ultra-long bonds also declined. Investors are navigating economic data, tariffs, Fed policy, and fiscal outlooks as the S&P 500 experiences minimal gains.
Category:
News and Media
All news |
||||||||||||||||||
|
||||||||||||||||||