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Thai baht fell to 33.095 per dollar, its weakest level since 20 May 2025.
2026-06-23
Thai baht fell to 33.095 per dollar, its weakest level since 20 May 2025.
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2026-06-23
Morgan Stanley CIO and head US equity strategist Mike Wilson said liquidity, not rate hikes, is the primary near-term risk for US equities. He noted Reserve-management programs are about 75% smaller than their peak and Treasury repo volumes have fall
Morgan Stanley CIO and head US equity strategist Mike Wilson said liquidity, not rate hikes, is the primary near-term risk for US equities. He noted Reserve-management programs are about 75% smaller than their peak and Treasury repo volumes have fallen roughly 50%, tightening market liquidity. Accelerating loan growth is worsening the squeeze as the real economy absorbs more capital while balance-sheet support recedes. Wilson expects US equities to be volatile in July and possibly pull back; a next earnings-driven leg up may be delayed until liquidity headwinds ease. He said last week's FOMC under Fed Chair Kevin Warsh was a necessary step to rebuild Fed credibility and that the S&P 500/gold ratio has risen about 40% since Warsh's February nomination, signaling market confidence. Wilson backed Warsh's move to reduce heavy forward guidance, saying markets should react to incoming data rather than try to pre-empt Fed remarks.
2026-06-23
At a press conference held by the State Council Information Office on June 23, Sheng Qiuping, Vice Minister of Commerce, said that as of now, my country's car ownership has reached 370 million vehicles, and its car sales have ranked first in the worl
At a press conference held by the State Council Information Office on June 23, Sheng Qiuping, Vice Minister of Commerce, said that as of now, my country's car ownership has reached 370 million vehicles, and its car sales have ranked first in the world for 17 consecutive years.
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