South Korean Won Hits 24-month High
The South Korean Won touched 1332.00 against the USD, the highest since October 2024. Over the past 4 weeks, US Dollar South Korean Won lost 1.11%, and in the last 12 months, it decreased 6.57%.
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EMERGING MARKETS — EM currencies, stocks fall as Fed hike bets, oil prices weigh
MSCI EM stocks down 0.9%, FX slips 0.5% US 10-year Treasury yield hits highest level since 2007 South African rand hits seven-week low after central bank's 25 bps rate hike Turkish finance minister to hold meetings on fund liquidation crisis By Utkarsh Hathi Sept 24 (Reuters) — An index of emerging market currencies he
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.
Asian tech stocks rise on AI optimism; Trump-Xi meeting in focus
Emerging Asian stocks rose on Monday, led by chip-related shares, as investors awaited a meeting between US President Donald Trump and Chinese President Xi Jinping later this week for signals on trade ties and the global economic outlook.