Asia FX steady as markets wait on Fed, Aussie dollar gains after RBA hold

The Canadian manufacturing sector remains stuck in the mud as the final Canadian S&P Global survey of manufacturers was released. It’s another soft reading for the Canadian economy, and the details here are painting a stagflationary picture that the Bank of Canada isn’t going to like. Here are the details from the S&P Global Manufacturing…

European payments giant Worldline has finalised the sale of its Mobility & e-Transactional Services division to French technology consultancy Magellan Partners Group, marking a pivotal moment in the company’s strategic pivot back to its core payments business. The transaction, announced on 1 June 2026, carries an enterprise value of €400 million, with net cash proceeds…

As the EUR/USD chart shows today, the euro has strengthened against the US dollar, climbing above the 1.1670 level, compared to the 1.1400 area at the beginning of the month. Why Is EUR/USD Rising? According to Reuters, the US dollar’s weakness is being driven by: → Expectations of a Federal Reserve rate cut, which intensified…

Cboe Global Markets revealed that it has launched a worldwide advertising campaign aimed at highlighting the versatility and growth of options trading.  The initiative, titled “Life is Better With Options”, seeks to raise awareness among institutional and retail investors about how options can be used to manage risk, enhance returns and diversify portfolios. The campaign,…

By Casey Hall SHANGHAI (Reuters) – Shares of China’s biggest e-commerce companies – Alibaba (NYSE:), JD (NASDAQ:).com and PDD Holdings – were dumped earlier this week on worries about pressure on their margins after low-price vendor PDD pledged to invest more for offering discounts. The three firms sell everything from beauty products, household items, electronics…