US Treasury Secretary Bessent says inflation will return to the target and he is confident Fed Chair Warsh will optimise path for the economy
PBoC is expected to set USD/CNY mid-point at 6.7913 (prev. 6.8171)
[MARKET UPDATE] Asia-Pac stocks begin in the green as the region rebounds from the prior day's tech-driven sell-off
US Treasury Secretary Bessent says inflation will return to the target and he is confident Fed Chair Warsh will optimise path for the economy
Korea's Zinc (0101230 KS) denies a report that it is considering raising capital to fund construction of a smelter in Australia Korea Zinc denies report of considering capital raise to fund Australian smelter construction
US Treasury Secretary Bessent says Iran negotiations will be a process, and it's better for the world if Iran gets lower price for its oil, adds we are offering Iran carrots, and there are sticks
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Says:
- US housing issue is a conundrum affected by rate lock owners, adds the US housing issue will take lower rates and more supply.
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