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June 6, 2023
The appointment of Mehmet Simsek as Turkey’s new treasury and finance minister at the weekend has sparked some investors’ hopes of a return to monetary orthodoxy in a country beset by soaring inflation. Despite yet another fall in the lira on June 5, markets hold him in high regard. That’s unlikely to be enough to counter President Tayyip Erdogan’s long-held penchant for economic mismanagement.
June 6, 2023
Malaysia's palm oil inventories at the end of May are expected to rise as production swells to its highest so far this year while exports remain flat, a Reuters survey showed on Tuesday.
June 6, 2023
Augur (REP) traded 1.9% higher against the dollar during the 24 hour period ending at 17:00 PM ET on June 6th. Over the last seven days, Augur has traded 7.1% lower against the dollar. Augur has a total market capitalization of $66.88 million and $2.14 million worth of Augur was traded on exchanges in the […]
June 6, 2023
A look at the day ahead in Asian markets from Jamie McGeever.
June 5, 2023
Shein is threading the world’s trickiest geopolitical needle. The fast fashion phenom, now worth $66 billion, is a formidable rival to Inditex's Zara and H&M thanks to its marketing prowess and efficient Chinese supply chains – and despite the U.S.-China trade war. But rising American pressure is forcing it to tweak its business model right as it tries to list there.
June 5, 2023
Augur (REP) traded up 0.1% against the U.S. dollar during the 1 day period ending at 20:00 PM Eastern on June 4th. One Augur token can currently be purchased for approximately $6.49 or 0.00023938 BTC on exchanges. Augur has a total market capitalization of $71.41 million and $685,752.17 worth of Augur was traded on exchanges […]
June 5, 2023
A global shortfall in crude oil supply is set to deepen in the third quarter as the world's top exporter Saudi Arabia pledged extra output cuts from July in a move likely to push Brent towards $100 a barrel by the end of the year, analysts said.
June 5, 2023
Indian shares opened higher on Monday, tracking gains in the broader Asian market, as mixed U.S. jobs data bolstered expectations that the Federal Reserve may skip an interest rate hike later this month.
June 5, 2023
Barclays Private Bank said on Monday it has made two senior appointments in its Singapore office in a move to tap into the influx of wealth and growth of family offices in the city-state.
June 5, 2023
A look at the day ahead in U.S. and global markets from Mike Dolan