Reported 1 day ago
Global stocks saw an increase as investors anticipated interest rate cuts from the Federal Reserve, while political unrest in countries like Argentina, Japan, and France led to significant currency fluctuations. The Argentine peso hit a record low following a major election defeat for President Milei's party, while Japan's Prime Minister Ishiba resigned, creating uncertainty. Conversely, the U.S. dollar weakened due to expectations of lower interest rates, impacting the Treasury yields and various foreign currencies.
Source: YAHOO