Overnight indexed swap (OIS) rates, used to hedge interest-rate risks in Asia’s third-biggest economy, are already pricing in policy rate cuts starting January, traders said. However, such reductions could even be advanced should global rates begin to head south this summer.
Citi downgrades US stocks to ‘neutral’ as AI sell-off, regulatory risks mount
Citigroup strategists have downgraded US equities to neutral due to ongoing market volatility and regulatory concerns. This decision follows a significant sell-off that erased $3