HSBC Holdings PLC
Dollar strengthens as Iran talks break down — Two reasons why HSBC says the greenback is set to soften
The U.S. dollar rose on Monday after talks between Washington and Tehran over the weekend failed to yield an agreement to end the war. The greenback rose 0.3% against the Euro to $1.169 and 0.25% against sterling to $1.342 after peace talks broke down and President Trump said the U.S. military would begin a blockade […]
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Citi backs European bank stocks after ‘overblown’ sell off – here are its top three picks
European bank stocks enjoyed a stellar 2025, notching their best year since 1997, with the valuations of some lenders more than doubling. But the sector sold off heavily during the U.S-Iran conflict in March, calling an abrupt halt to three years of almost-linear positive returns. The Stoxx 600 Banks index is down 1% year-to-date, after […]
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Inside India newsletter: Tariffs and Iran war threaten India’s $100 billion garments export goal
Hello, this is Priyanka Salve, writing to you from Singapore. Welcome to the latest edition of “Inside India“ — your one-stop destination for stories and developments from the world’s fastest growing large economy. Just as India’s textile industry was beginning to stabilize after U.S. tariffs, it received another blow. Industry leaders tell me the Iran […]
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India’s central bank holds benchmark policy rates as Iran war raises inflation risks
Signage for the Reserve Bank of India (RBI) in Mumbai, India, on Friday, April 5, 2024. Dhiraj Singh | Bloomberg | Getty Images India’s central bank on Wednesday held benchmark interest rates at 5.25% as strong growth allows it room to keep policy tight at a time when the Iran war has raised inflation risk. […]
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Inside India newsletter: The worst might not be over for Indian equities
Hello, this is Priyanka Salve, writing to you from Singapore. Welcome to the latest edition of “Inside India“ — your one-stop destination for stories and developments from the world’s fastest growing large economy. Indian markets have been rattled by the Iran war, with foreign investors fleeing and valuations slipping to rare lows. But fund managers […]
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Large Japanese companies are more optimistic despite Iran conflict, but analysts say this may not last
The Shibuya pedestrian intersection in Tokyo, Japan. Marco Bottigelli | Moment | Getty Images Large Japanese manufacturers indicated their highest level of business optimism in over four years, despite uncertainties brought about from the Iran war. That’s according to the Bank of Japan’s quarterly Tankan survey, a closely-watched poll that measures business sentiment among domestic […]
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