Stock Market Today: Nasdaq Futures Slip on AI Anxiety
Oil edges higher amid talks to reopen the Strait of Hormuz
We haven't written up this one. WSJ Markets has the full story — the link below goes straight to it.
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Equities: Nvidia stands out as broader tech mood cools – Deutsche Bank
Deutsche Bank strategists say the global equity rally lost momentum near record highs as technology shares weakened. The S&P 500 edged lower and the Nasdaq underperformed, with AMD and semiconductor…
China’s Top Refiner Pivots to Russian Crude
China’s Sinopec, the world’s top refiner by capacity, has boosted purchases of Russia’s Far East crude for delivery in the third quarter as it looks to secure cargo arrivals amid continued shipping…
Euro holds two-day gains against Yen, investors seek clarity on US-Japan future intervention plans
The Euro (EUR) clings to two-day gains against the Japanese Yen (JPY) at around 182.25 during the European trading session on Thursday.
Yen stablecoin issuer JPYC’s Series B reaches $38M
JPYC said it plans to use the new capital to expand its financial and Web3 ecosystem and accelerate adoption of its yen-pegged token.
Southeast Asia's 3rd largest bank UOB sells asset management arm for $434M
Singapore's United Overseas Bank, the third-largest lender in Southeast Asia by assets, is selling its asset management business to a unit of Germany's Allianz for S$555 million (US$434 million).
Australian Dollar remains depressed; downside seems limited as fiscal concerns weigh on Yen
The AUD/JPY cross attracts some sellers on Thursday, snapping a two-day winning streak and stalling this week's solid bounce move from its lowest level since late March.