ASX set to edge up, Wall Street weighed down by tech stocks
US stocks are drifting ahead of a week packed with potentially market-moving events.
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Chinese Yuan: Gradual appreciation bias with key levels against US Dollar – OCBC
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India raises $73 bn in forex inflows at record pace
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Treasury Expands Iran Sanctions Without Targeting Major Chinese Banks
The Trump administration has revealed the details of its “economic D-Day” campaign against Iran, expanding secondary sanctions that threaten foreign companies with exclusion from the U.S.
- Treasury expands Iran sanctions to digital assets, technology, gold, aviation, and shipping sectors.
- China remains major buyer of Iran's seaborne oil, comprising over 80% of imports.
- Treasury did not sanction major Chinese banks involved in Iran oil transactions.
Coinbase-affiliated advocacy group endorses candidates for US midterms
With just over two months until the US general election, Stand With Crypto announced its pick for politicians in its efforts to “elect the most pro-crypto Congress in history.”
Goldman, Neos Discuss $2.3 Billion Deal
Bryon Lake, chief transformation officer and global head of third party wealth at Goldman Sachs Asset Management, and Troy Cates, co-founder of Neos Investments, join Scarlet Fu and Eric Balchunas on…