HSBC Profit Slides 26 % on China Impairments
HSBC, Europe’s largest lender by assets, has long pinned its strategic future on Asia. Yet its latest earnings report illustrates the high-stakes gamble of that bet. In the first half…
Money Matters
HSBC, Europe’s largest lender by assets, has long pinned its strategic future on Asia. Yet its latest earnings report illustrates the high-stakes gamble of that bet. In the first half…
Dollar Strength and Central Bank Signals: Why July 2025 Marked a Turning Point As July 2025 came to a close, the U.S. dollar surged to its highest levels in two…
Averting a trade conflict Facing the threat of a transatlantic tariff war, the United States and European Union signed a trade agreement at the end of July 2025 that imposed…
Whoa, folks—tariffs are back in the spotlight, and they’re hitting harder than a summer thunderstorm! As President Trump ramps up his trade agenda in July 2025, the US economy is…
Hey there, market watchers! Imagine waking up to your portfolio glowing greener than a fresh dollar bill, with the S&P 500 and Nasdaq shattering records like they’re going out of…
Markets in Crypto-Assets (MiCA) finally flipped from rulebook-in-waiting to hard law this year. With the stablecoin provisions live since 30 June 2024 and the full Crypto-Asset Service Provider (CASP) regime…
Data flash — FY 2024-25 league table Fund/Benchmark 12-month return* Equity weight (listed) Unlisted assets Fee (bps) AMP MySuper 1980s 12.9 %amp.com.au 73 % 8 % 62 CFS FirstChoice 1975-79…
Canada’s goods-trade deficit narrowed to C$5.9 billion in May, the sharpest monthly improvement in over a year, thanks almost entirely to a 30 % surge in unwrought-gold exports destined for…
(The minutes from the 17-18 June FOMC meeting post on Fed.gov at 2 p.m. ET. Traders treat the 12-page PDF as a “live” data drop because it often reveals nuance…
Scene-setter—futures screaming “cut” Traders are treating next Monday’s Reserve Bank of Australia (RBA) board meeting as little more than a formality. 30-Day Interbank Cash-Rate Futures for the July contract were…