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Broadcom (AVGO.O) rose sharply in after-hours trading, narrowing its decline to 0.5%.
2026-09-03
Broadcom (AVGO.O) rose sharply in after-hours trading, narrowing its decline to 0.5%.
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2026-09-02
ECB policymaker MAKHLOUF warned the central bank should be prepared to raise rates further if inflation "moves in the wrong direction." He flagged euro-area inflation stuck above 3% and growth running slightly stronger than pre-summer forecasts, call
ECB policymaker MAKHLOUF warned the central bank should be prepared to raise rates further if inflation "moves in the wrong direction." He flagged euro-area inflation stuck above 3% and growth running slightly stronger than pre-summer forecasts, calling that concerning. MAKHLOUF said next week’s decision "should not surprise anyone” and expects a small upward revision to this year’s growth forecast. He judged the deposit rate at 2.5% is not yet restrictive and said policy would likely become restrictive only once rates exceed about 2.75%. He added it is unclear whether hikes beyond next week will be needed, endorsed a meeting-by-meeting approach without forward guidance, and said inflation expectations are well anchored with no sign of wage-driven second-round effects.
2026-09-02
The Philippine peso slid to a record low on Wednesday, the weakest Asian currency, after a global bond sell-off and a US strike on Iran lifted oil above $95/bbl and knocked regional risk appetite. The MSCI Global Emerging Markets Currency Index fell
The Philippine peso slid to a record low on Wednesday, the weakest Asian currency, after a global bond sell-off and a US strike on Iran lifted oil above $95/bbl and knocked regional risk appetite. The MSCI Global Emerging Markets Currency Index fell 0.2%—a move that, if sustained, would be the worst single-day decline in a month and end a 10-day advance. MSCI Asia Emerging Markets equities dropped 1.8% to their lowest level in over a week as US Treasury yields climbed to multi-year highs, prompting broad EM risk selling.
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