Here’s why South Korea’s KOSPI Composite Index is soaring
The KOSPI Composite Index has embarked on a strong rally in the past few months as South Korean shares surged. The index, which tracks the biggest South Korean companies, rose…
USD/TRY analysis as Goldman Sachs warns on lira carry trade
The Turkish lira has slipped against the US dollar as Goldman Sachs analysts warned about the best-performing carry trade. The USD/TRY exchange rate was trading at 39.25, up by 11%…
DXY: Will the US dollar index crash as Morgan Stanley predicts?
The US Dollar Index (DXY) has moved into a correction after falling by 10% from its highest point this year, and Morgan Stanley believes it has more downside to go…
IAG share price forecast as transatlantic demand starts to recover
IAG share price has remained under pressure in the past few weeks as investors focused on transatlantic travel amid the ongoing trade tensions between the US and China. It was…
EUR/USD forecast: carry trade emerges ahead of ECB rate cut
The EUR/USD exchange rate will be in the spotlight this week as the European Central Bank (ECB) delivers its interest rate decision and as the US publishes its nonfarm payrolls…
China’s manufacturing PMI edges up despite ongoing trade tensions
China’s manufacturing PMI improved somewhat in May due to the resumption and frontloading of shipments to the US amid the 90-day tariff truce which will end in mid-August, Commerzbank AG…
How Trump’s tariffs & tech dominance are fueling Europe’s push for digital sovereignty and ‘Buy from EU’ movement
Europe’s relationship with the US is shattering. Under Donald Trump’s second term, trade friction has returned, and digital dominance by US companies is now under strain. And this time it’s serious.European…
Wedbush reveals best AI stock picks for the second half of 2025
Wedbush analyst Dan Ives believes the AI boom will charge ahead at full throttle in the back half of 2025.Trump tariffs and their potential impact on the global economy have…
China’s manufacturing PMI edges up despite ongoing trade tensions
China’s manufacturing PMI improved somewhat in May due to the resumption and frontloading of shipments to the US amid the 90-day tariff truce which will end in mid-August, Commerzbank AG…
Europe markets open: STOXX 600 dips 0.2% on renewed US tariff threats; auto sectors under pressure
European stock markets commenced the trading week on a weaker footing Monday, retreating from recent gains as fresh tariff pronouncements from US President Donald Trump threatened to reignite global trade…