Rabobank’s FX Strategy team at RaboResearch Global Economics & Markets discusses how the Dollar initially benefited from safe haven flows during the Iran war, but has since softened as a ceasefire memorandum eased market tensions and tempered Fed hike expectations. They ma
HSBC Asset Management’s Investment Weekly highlights how higher Oil prices, China’s export surge and US AI investment are reshaping the global macro backdrop. The report says these forces are driving a hawkish shift at central banks including the ECB, Bank of Japan, Bank o
A $190,000 gift funded by selling appreciated assets spikes Medicare premiums from $203 to $649 due to IRMAA rules. A retired grandmother faces a $649 monthly Medicare Part B premium after gifting $190,000 to her granddaughter for a home down payment. The surcharge stems f
Indian e-commerce company Meesho has agreed to purchase Kirana Club, a community-focused B2B commerce platform, in a transaction valued at Rs2.02bn ($21.34m). Established in 2020 by Anshul Gupta and Aishwarya Jain, Kirana Club runs a mobile-led platform through which small
Brand Engagement Network will join the Russell 3000 index after market close, reflecting its market cap ranking as of April 30, 2026. Brand Engagement Network (BNAI) will be added to the Russell 3000 index effective June 26, 2026, following the annual reconstitution of the
Britain plans to cut its 2030 electric vehicle sales target to 50% from 80%, allowing more hybrids amid industry pressure. UK Prime Minister Keir Starmer is set to reduce the country’s 2030 electric vehicle sales mandate from 80% to 50% of new car sales, expanding the role
Nordic group Orkla acquires minority stake in Asian sauces maker Go-Tan, targeting expansion in high-growth sauces segment. Orkla Foods has agreed to acquire a 40% stake in Netherlands-based Asian sauces producer Go-Tan from its founding family. Financial details of the tr
Crypto Week Ahead is a comprehensive list of what's coming up in the world of cryptocurrencies and blockchain, as well as the major macroeconomic events that will influence digital asset markets. Crypto traders will hope the week offers a reprieve to months of geopolitical
China’s Geely aims to streamline operations and focus resources on its Hong Kong-listed arm, Geely Automobile Holdings. Geely Holding Group will simplify its corporate structure by shutting, merging, or reorganizing redundant entities. The move targets improved governance
The Euro (EUR) maintains its positive tone against the US Dollar (USD) on Monday, with the EUR/USD pair trading near 10-day highs above 1.1600. The positive market sentiment amid the US-Iran peace deal and the lower Oil prices has offset the weak Eurozone Industrial Produc