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The Hungarian forint rose during the day, hitting a more than four-year high, and once reached 359.50 against the euro.

2026-05-06

The Hungarian forint rose during the day, hitting a more than four-year high, and once reached 359.50 against the euro.

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2026-05-06

The stronger margin trend of China's big four state-owned banks--Agricultural Bank of China, Bank of China, China Construction Bank and Industrial & Commercial Bank of China--seems to pleasantly surprise Morningstar's Iris Tan. She notes the four len

The stronger margin trend of China's big four state-owned banks--Agricultural Bank of China, Bank of China, China Construction Bank and Industrial & Commercial Bank of China--seems to pleasantly surprise Morningstar's Iris Tan. She notes the four lenders' 1Q net interest income grew 7%-8% on year after declining in 2025. The banks' net interest income could grow around 6% this year, given that their net interest margins have stabilized, she says in a note. ABC is its top pick among the four as it broadly outperformed peers. Morningstar raises its fair-value estimate for ABC by 3% to HK$7.20 for its H shares and to 6.30 yuan for its A shares.
2026-05-06

At midday closing, most domestic futures contracts rose, with Shanghai tin up over 8%, lithium carbonate up over 7%, Shanghai silver and European shipping contracts up over 5%, caustic soda, palladium, and platinum up over 4%, Shanghai nickel up over

At midday closing, most domestic futures contracts rose, with Shanghai tin up over 8%, lithium carbonate up over 7%, Shanghai silver and European shipping contracts up over 5%, caustic soda, palladium, and platinum up over 4%, Shanghai nickel up over 3%, and low-sulfur fuel oil (LU), iron ore, and soda ash up nearly 3%. On the downside, SC crude oil fell over 2%, while urea, corn, styrene, apples, soybean meal, and starch fell over 1%.
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