Asia FX: yuan boosted by China stimulus cheer, Aussie rises before RBA
Investing.com– Most Asian currencies advanced on Tuesday with the Chinese yuan supported by Beijing announcing more stimulus measures, while the…
Aussie hits 2024 high as RBA stays hawkish; yuan climbs on China stimulus
By Kevin Buckland TOKYO (Reuters) -The Australian dollar rose to its highest level this year on Tuesday as the central…
What does a dovish Fed mean for Asia FX? Goldman Sachs answers
Investing.com– The Federal Reserve’s first interest rate cut in over four years quelled market fears of a recession, Goldman Sachs…
Dollar stabilizes, euro rebounds after selloff
Investing.com – The U.S. dollar stabilized Tuesday, while the euro attempted a comeback after the previous session’s hefty losses. At…
Citi doubles down on bearish EUR/USD stance
Investing.com – Citigroup has doubled down on its bearish EUR/USD stance, citing the recent disappointing European economic activity data. Data…
Smartsheet to go private in $8.4 billion deal with PE firms Vista and Blackstone
(Reuters) -Workplace collaboration software maker Smartsheet (NYSE:SMAR) will be taken private by buyout firms Vista Equity Partners and Blackstone (NYSE:BX)…
Argentina’s Milei sees gravity-defying poll numbers start to fall
By Adam Jourdan BUENOS AIRES (Reuters) – Argentina’s libertarian President Javier Milei, who has managed to stay popular despite painful…
UK employers give joint-lowest pay rises since June 2022, Brightmine says
LONDON (Reuters) – British employers gave staff the joint-lowest pay rises since June 2022 in the three months to the…
Fed’s Bowman: Stubborn inflationary pressures supported more “measured” rate cut
Investing.com — US Federal Reserve Governor Michelle Bowman has flagged that major inflation gauges remain “uncomfortably above” the Fed’s stated target…
Western ETF investors poised to heap fuel on gold’s record rally
By Ashitha Shivaprasad (Reuters) – Inflows into gold exchange-traded funds, particularly from Western investors, are set to rise in coming…