Hong Kong Dollar Hits 6-week Low
The Hong Kong Dollar touched 7.85 against the USD, the lowest since August 2026. Over the past 4 weeks, US Dollar Hong Kong Dollar gained 0.1%, and in the last 12 months, it increased 0.82%.
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Global Markets: Nasdaq hits record high, oil slips, yields fall
The Nasdaq hit a record closing high, boosted by AI stocks, while falling oil prices and retreating Treasury yields improved risk sentiment. European shares rallied, led by banks and tech, and Asian markets were mixed, with Japan higher and China/Hong Kong up on hopes of a trade truce.
Yuan hits fresh 3-1/2-year peak as PBOC eases appreciation curb
China's yuan strengthened to its highest level in over three and a half years against the US dollar on Monday, reaching 6.6957 per dollar, as the central bank appeared to ease its efforts to curb appreciation ahead of a summit between Chinese and US leaders.
U.S. stock futures fall after Trump launches Iran economic offensive
U.S. stock futures are lower as President Donald Trump announces “Operation Economic Fury” against Iran, lifting geopolitical tensions and pushing Brent crude higher.