Chinese Yuan Hits 32-Month High at 6.96 per Dollar Backed by Strong Central Bank Fixing
Yuan hits 32-month high at 6.96/USD after strong central bank fixing, despite slower GDP growth and weak domestic demand.
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Yuan hits 32-month high at 6.96/USD after strong central bank fixing, despite slower GDP growth and weak domestic demand.
Japan's 10-year bond yield hit 2.24%, highest since 1999, on tighter policy bets and fiscal expansion, signaling rising market volatility.
EU and Mercosur signed a €111B free trade deal after 25 years, cutting tariffs and boosting trade, pending ratification amid key challenges.
Egypt's FRA grants the first license for equity derivatives futures trading, marking a major step in Egypt's capital market development.
European and UK stocks dipped from record highs Friday, led by commodity and luxury losses, but posted cautious weekly gains amid political uncertaint
US stocks ended the week mixed: tech gains lifted indexes Friday, but all major indices posted weekly losses amid Fed and policy uncertainty.
Foreign inflows of C$16.3B into Canadian bonds boost S&P/TSX Index, while equities see outflows, led by energy and mining sectors.
US-Taiwan deal cuts tariffs to 15%, boosts US chip investments by $500B, and eases trade for tech, auto, and pharma sectors.
Australian dollar steady near 0.669 on RBA tightening bets; US dollar index at 99.3, both supported by diverging monetary outlooks and strong data.
US 10-year Treasury yield nears 4.16% as strong jobs data dims rate cut hopes; government backs mortgage market to support fixed income assets.
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