ANZ Group’s Richard Yetsenga anticipates a US economic slowdown in the latter half of the year, stopping short of a recession. Despite economists’ bearish outlook, financial markets like the S&P and Nasdaq are performing well.
Asian markets tumbled as chipmaker stocks experienced a sharp decline, sparking fears the AI rally might have overheated. Concerns also surfaced over Apple’s potential chip
Oil prices dipped as Qatar reported positive progress in indirect Iran-U.S. talks concerning the vital Strait of Hormuz. Despite recent exchanges, tanker traffic is recovering,
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