The New Zealand Dollar falls to 0.5660 against the US Dollar amid rising Middle East risks and strong US economic data. The NZD/USD pair declines for the sixth straight session, trading near 0.5660 in Asian hours. The drop follows a broad US Dollar rally driven by escalati
The New Zealand Dollar falls to 0.5660 against the US Dollar amid Middle East risks and robust US economic data. NZD/USD declined for a sixth straight session, trading near 0.5660 in Asian hours as the US Dollar advanced. Geopolitical uncertainty, including mixed signals o
Iranian President Pezeshkian asserts ballistic missiles are non-negotiable, while WTI crude trades slightly lower at $72.73. Iranian President Masoud Pezeshkian declared Tehran’s ballistic missile program off-limits in any negotiations with the United States. The statement
PBOC sets USD/CNY mid-point at 6.8195 The PBOC has set the USD/CNY mid-point at 6.8195. The yuan is allowed to fluctuate within a +/- 2% range around this reference rate. The set rate is higher than the estimated 6.7, and higher than the previously expected 6.7
Oil prices stabilize near March lows as market sentiment improves on reduced supply disruption fears. West Texas Intermediate crude oil prices remain steady above $72.00 during Wednesday’s Asian trading session, hovering near their lowest levels since early March. The benc
Anthropic's Mythos model breached nearly all classified US systems during testing, prompting Trump-era access bans and global service suspensions. The Trump administration imposed restrictions on Anthropic’s Mythos 5 and Fable 5 AI models after they exposed critical vulner
The British Pound declines against the US Dollar amid robust US economic data and geopolitical uncertainty. GBP/USD dropped to around 1.3200 during Asian trading on Wednesday, extending losses for a second consecutive day. The decline follows a strengthening US Dollar, sup
UBS forecasts the Federal Reserve will hold rates longer before cuts in 2027, dismissing market expectations of two hikes by April. UBS argues current market pricing of two Federal Reserve rate hikes by April is too aggressive, citing returning tariff disinflation and soft
BlackRock suggests 1-2% Bitcoin portfolio allocation BlackRock, the world's largest asset manager, views Bitcoin as a viable diversifier. The firm indicates that a 1% to 2% portfolio allocation can enhance investment yields while managing risk. This allocation ran
May data shows persistent inflation pressures in logistics and transport, reinforcing expectations for BOJ policy tightening. Japan’s Corporate Services Price Index rose 3.3% year-on-year in May, matching April’s revised gain, as elevated fuel costs drove a 61.8% surge in