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HSBC ASSET MANAGEMENT FORECASTS DOLLAR WEAKNESS AMID STRUCTURAL SHIFT HSBC Asset Management is positioning for a weaker US dollar, noting the currency has failed to rally meaningfully despite supportive macroeconomic data. The firm argues this muted response signals a potential structural downtrend, particularly as energy shocks and geopolitical pressures eventually

NVIDIA CEO TOUTS "INSANE" AI RETURNS TO BILLIONAIRE INVESTORS Nvidia CEO Jensen Huang pitched artificial intelligence as a high-return investment opportunity to wealthy family offices, aiming to counter growing skepticism about massive AI capital expenditures. Huang sought to reassure investors questioning whether the billions being deployed into AI

OIL EXTENDS GAINS AS US-IRAN STRIKES CLOUD HORMUZ PEACE DEAL PROSPECTS Oil prices rose for a third consecutive day after fresh exchanges of strikes between the US and Iran raised serious doubts about a potential peace deal. The ongoing conflict threatens to keep the Strait of Hormuz — a critical artery

UK POLITICAL FALLOUT GROWS OVER FATAL STABBING POLICE RESPONSE A UK police bodycam video showing officers handcuffing a fatally stabbed 18-year-old, Henry Nowak, has ignited cross-party political outrage and public protests. Prime Minister Keir Starmer described the footage as making him feel "sick," while Reform UK's

YEN HOLDS NEAR 160 AGAINST DOLLAR AFTER BOJ GOVERNOR UEDA SPEAKS The Japanese yen steadied near the 160 level against the US dollar following comments from Bank of Japan Governor Kazuo Ueda that signaled a rate hike this month is possible but not guaranteed. Traders have been closely watching the