Asia stocks climb as AI optimism fuels chip rally; won at near two-year high
Asian stocks rallied on AI optimism, with chip stocks surging in Japan and South Korea, and the won hitting its strongest since October 2024.
07/09/2026 00:4111 min read
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Reuters expects PBOC to set yuan fix at 6.7086
The PBOC is expected to set its daily USD/CNY reference rate at 6.7086, according to a Reuters estimate.
07/09/2026 00:216 min read
Yen's weekly surge driven by BOJ rate hike expectations
USD/JPY plunged as markets price in likely back-to-back BOJ rate hikes, with September now nearly fully priced.
07/09/2026 00:1114 min read
Strait of Hormuz vessel traffic drops to five-month low, data shows
Strait of Hormuz shipping traffic fell to its lowest since May, data show, despite US Navy claims of increased escorts.
06/09/2026 23:5115 min read
Goldman says CPI, not payrolls, holds key to Fed's September call
Goldman Sachs says next week's inflation data, not the strong jobs report, will decide the Fed's September move. It expects a benign CPI to hold rates steady.
06/09/2026 23:4213 min read
Hammack calls for Fed action on inflation as September hike odds top 60%
Cleveland Fed's Beth Hammack said it is time to act on inflation; investors now price slightly above 60 percent odds of a September rate hike.
06/09/2026 22:4312 min read
Liquid Network Loses 4,000 Bitcoin in Alleged White-Hat Hack
Purported white-hat hackers removed 4,000 BTC from the Liquid Network federation wallet, halting bridge nodes and pausing the sidechain.
06/09/2026 22:2912 min read
Diesel rally fuels hedge funds' bullish oil bets at three-month high
Hedge funds raised oil bets to a three-month high as diesel and gasoline positions hit records, signaling persistent inflation risk.
06/09/2026 22:2512 min read
Huang: AGI has arrived, cites OpenAI's GPT-6 Astra
Nvidia CEO Jensen Huang claimed AGI has been achieved with OpenAI's GPT-6 Astra, trained on 100K of his company's chips. OpenAI has not confirmed.
06/09/2026 22:129 min read
Three Meme Coins on the Radar for Septemberβs Second Week
Two of three meme coins reversed sharply on Sunday after big rallies, while Bonk held near its highs. Useless and MarsCoin now trade far above support.
06/09/2026 22:1110 min read