Latest news with #DollarStrength
Bloomberg
11 hours ago
- Business
- Bloomberg
World Waiting to See If US Joins Iran Attacks Leaves Markets Uneasy
It's been just a week since Israel first attacked Iran, roiling global markets. Now investors are faced with guessing whether the US will join forces with Israel against Iran, and what the repercussions might be. The result is uneasy trading, with the MSCI All-Country World Index of stocks little changed for the week and a gauge of the dollar's strength heading for its best week since February. Crude is 3.5% higher, following last week's 12% surge, although oil dropped on Friday amid speculation any US attacks aren't imminent.
Yahoo
18 hours ago
- Business
- Yahoo
Most Asian Currencies Strengthen; Middle East Tensions in Focus
Most Asian currencies strengthened against the dollar in early Asian trading, as traders keep an eye on escalating hostilities between Israel and Iran.
Bloomberg
27-05-2025
- Business
- Bloomberg
Bloomberg Surveillance: Tariff Rally
Watch Tom and Paul LIVE every day on YouTube: Bloomberg Surveillance hosted by Tom Keene & Paul Sweeney May 27th, 2025 Featuring: 1) Steve Chiavarone, Senior Portfolio Manager at Federated Hermes, talks about why he remains constructive on the US economy and the potential for a cyclical recovery in the US. The dollar bounced back, and equity-index futures for the S&P 500 and Nasdaq 100 jumped more than 1%, as President Donald Trump extended a deadline on implementing aggressive Euro-area tariffs. 2) Nicholas Burns, former US ambassador to China, joins for an extended discussion on US-China relations and where they stand in a second Trump administration. The plans for a new version of China's "Made in China 2025" campaign indicate that China will largely stick to its strategy of prioritizing manufacturing, despite criticism from the US and Europe, and will focus on developing core technologies such as semiconductors and new energy materials. 3) Jane Foley, Head of FX Strategy at RaboBank, talks about dollar weakness and the yen carry trade amid noise coming out of the Japanese bond market. Tong-term government bonds yields in Europe and Asia also fell, while the yen and other currencies declined, as investors reacted to the news from Japan. Japan's 20-year bond yield slid as much as 21 basis points after Bloomberg News reported the nation's finance ministry asked market participants for their views on the appropriate amount of government debt issuance. 4) Henrietta Treyz, co-founder at Veda Partners, joins to discuss the trade deals likely not to materialize for President Trump's administration, and what types of tariff rates the US could expect this summer 5) Lisa Mateo joins with the latest headlines in newspapers across the US, including a Business Insider story on bringing plus-ones on work trips and a WSJ story on the skyrocketing cost of a Hamptons girls weekend trip.
