Monthly Archives: June 2026
AI Is Everywhere. So Why Are Only a Few Companies Winning?
Written on June 3, 2026 at 7:17 am, by josephine
Big tech is spending hundreds of billions on AI, but where is the money actually going? Learn why a small group of companies controls today’s stock market rally.
Australian dollar stays soft as China services PMI beats forecasts amid rate and iron ore headwinds
Written on June 3, 2026 at 6:57 am, by josephine
China’s services PMI beat forecasts, but AUD stayed weak amid dovish RBA outlook, iron ore slump.
AUD/JPY holds above 114.50 as weak Australian GDP dents hike bets, carry trade supports upside
Written on June 3, 2026 at 6:27 am, by josephine
AUD/JPY held near 115 despite weak Australia GDP; rate-hike odds fell, while yen strains sustained carry-trade support.
Caixin China Services PMI Jumps to 54.4 in May, Bolstering Yuan and Risk Assets
Written on June 3, 2026 at 6:27 am, by josephine
China’s Caixin services PMI jumped to 54.4, beating forecasts, boosting yuan, commodities, and China-linked assets.
Australia Q1 GDP miss fuels dovish RBA bets, nudging AUD/USD lower despite technical support
Written on June 3, 2026 at 5:57 am, by josephine
Australia’s Q1 2026 GDP misses forecasts, pressuring AUD and boosting expectations of a more dovish RBA.
Australia Q1 GDP misses forecasts, fuelling rate-cut bets and weighing on the Australian dollar
Written on June 3, 2026 at 5:57 am, by josephine
Australia’s Q1 GDP rose 0.3%, missing forecasts, shifting RBA expectations toward rate cuts, pressuring AUD.
Katayama warns of possible yen intervention as dollar tests 160 amid widening US-Japan rate gap
Written on June 3, 2026 at 5:27 am, by josephine
Japan warns of FX intervention as USD/JPY nears 160; rate gaps, crowded shorts heighten volatility risk.
Gold slips towards $4,450 as Iran deal doubts linger and US jobs data looms
Written on June 3, 2026 at 5:27 am, by josephine
Gold slips near $4,450 amid Iran deal doubts; markets await US jobs data, Fed signals, central-bank buying.
Pound rises versus yen as rate gap underpins uptrend; traders eye 216.60 amid intervention risk
Written on June 3, 2026 at 5:27 am, by josephine
Sterling strengthens versus yen; GBP/JPY uptrend supported above 215.00, eyes 216.60 and 220.00 amid intervention risks.
MENA currencies face renewed selling in May as higher US rate bets spur carry unwinds
Written on June 3, 2026 at 5:27 am, by josephine
Most MENA currencies saw net selling in May as rising US rates fueled carry unwind pressure.
