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A weakening US dollar and positive global equity performance have propelled emerging market currencies, particularly the South Korean won, to a two-year peak.
Economy Posts
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Conflicting economic indicators, including a low unemployment rate but positive GDP growth, make it unclear whether the U.S. is heading towards a recession.- Published on
Citing a strengthening yen and fears of a US recession, JPMorgan Chase & Co. lowered its year-end forecasts for Japans major stock indices, predicting slower growth for the Topix and Nikkei 225.- Published on
Global stock markets rallied, buoyed by a surge in U.S. stocks driven by positive economic news and tech gains, despite lingering concerns about a potential downturn.- Published on
US stocks rallied sharply on Thursday, fueled by encouraging economic data and strong corporate earnings, signaling renewed investor optimism.