PBOC likely to fix USD/CNY at 6.7241, Reuters poll shows
PBOC expected to fix USD/CNY at 6.7241; recent moves show concern over pace of yuan gains.
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PBOC expected to fix USD/CNY at 6.7241; recent moves show concern over pace of yuan gains.
Ethereum's price dropped after the CLARITY Act failed in the Senate. The Fed's rate hike adds more pressure, but strong supply metrics like low exchange…
Ron Baron urges buying Tesla, citing FSD growth and rising US EV market share, while analysts split on the stock's outlook.
OpenAI disclosed six new AI safety incidents, introduced a voluntary disclosure framework, and aims to shape industry standards.
Trump plans to meet Gulf leaders at the UN to discuss postwar Iran strategy, with a day-after plan expected after midterms.
BoE expected to hold at 3.75% Thursday, but Iran-driven energy surge lifts market odds of a November hike to 80%.
The Fed raised rates 25bp as expected, but a hawkish dot plot and Warsh's tough tone shifted markets' focus to yields and the possibility of a December hike.
Bitcoin futures hold near $75,600 after Fed rate hike, with $76,000 and $77,200 as key recovery levels.
Nike shares hit a 12-year low near $35.80 on Wednesday amid China weakness, tariff costs and turnaround doubts, after price target cuts from Telsey and Baird.
Apollo's chief economist warns that widening CDS spreads on hyperscaler debt reflect weakening fundamentals, drawing comparisons to the 2008 housing crisis.