April’s PSI reading of 48.9 marks a second monthly contraction, driven by elevated fuel costs and shipping disruptions. New Zealand’s services sector remained in contraction for April, with the BNZ-BusinessNZ Performance of Services Index at 48.9, up from March’s 46.2 but
The iShares Core MSCI EAFE ETF holds $169.6 billion in assets, offering broad developed-market exposure but trailing U.S. benchmarks due to low tech weighting. The iShares Core MSCI EAFE ETF (IEFA) has amassed $169.6 billion in net assets, charging a 0.07% fee to track 2,5
Thin liquidity in early Asian trading may cause volatility as major currency pairs hold steady near late Friday levels. Foreign exchange markets opened Monday with major currency pairs largely unchanged from late Friday levels. Thin liquidity persisted in early trading as
The pet industry has shown economic strength after sales rose about 3.7% in 2025, reaching $158 billion, according to the American Pet Products Association's 2026 State of the Industry Report. Sales are projected to rise to $165 billion in 2026, with full-year growth expec
SECURE 2.0 removes the 25% cap, allowing $210,000 QLAC purchases to reduce RMDs and tax liabilities for retirees. A new IRS rule allows retirees to defer up to $200,000 of 401(k) required minimum distributions (RMDs) past age 85 using Qualified Longevity Annuity Contracts
Rising yields and a stronger USD erased weekly gains for US equities as inflation concerns resurfaced after Powell’s Fed exit. US Treasury yields climbed sharply, with the 2-year note rising 8.7 basis points to 4.079%, its highest since March 2025. The 10-year yield jumped
April 2026 non-oil domestic exports forecast to rise 11.5% year-on-year, extending an eight-month expansion streak. Singapore’s non-oil domestic exports (NODX) are projected to grow 11.5% year-on-year in April 2026, marking the eighth consecutive month of expansion. The in
XAG/USD drops 7.9% in a single session as inflation fears spur bets on higher central bank rates, dragging prices to $76.88. Silver prices tumbled 7.9% to $76.88 on Friday, driven by a surge in US Treasury yields as investors brace for persistent inflation and potential ce
UOB maintains Malaysia’s 2026 GDP forecast at 4.5% despite rising external risks and steady monetary policy. Malaysia’s economy expanded 5.4% year-on-year in the first quarter of 2026, slightly above estimates but decelerating from 4Q25. Domestic demand and services drove
Spot gold falls $90 to test key support at $4,500 after failing to breach resistance near $4,760 and $4,600. Gold prices dropped sharply today, erasing gains from earlier in the week as higher yields and a stronger USD pressured the metal. The decline accelerated after sel
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