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Chinese Yuan: China’s economic slowdown affects CNY compared to US Dollar

Chinese Yuan: China's economic slowdown affects CNY compared to US Dollar

Analysts from Commerzbank, Charlie Ray and Dr. Henry Hao, noted a slowdown in China’s industrial profit growth, which reached 21.1% year-on-year in May. This decline, attributed to weak consumption and investment, signals a loss of momentum. They anticipate that the official PMIs for both manufacturing and non-manufacturing will begin to contract, even though Bloomberg’s consensus […]

Euro: Fluctuating Dollar strength compared to EUR challenges

Euro rises as jobless claims impact USD ahead of NFP

Jane Foley, a senior currency strategist at Rabobank, talks about the EUR/USD pair in light of recent shifts in dollar dynamics. She notes that while the U.S. dollar (USD) may experience a long-term decline, cyclical factors could still provide support. Positive U.S. labor statistics, robust consumer spending, and capital inflows into equities bolster the dollar’s […]

Blood test identifies 90% of severe prostate cancer cases compared to usual screenings

Blood test identifies 90% of severe prostate cancer cases compared to usual screenings

New Blood Test for Early Detection of High-Risk Prostate Cancer A promising new blood test may help detect high-risk prostate cancer cases earlier. Named Stockholm3, this test has shown to be more effective in clinical trials than the traditional prostate-specific antigen (PSA) test. Researchers from Sweden’s Karolinska Institute conducted a study published in the Annals […]

Inside India newsletter: Reasons behind the rapid rise of Taiwan and South Korea’s stock markets compared to India in just a week

Inside India newsletter: Reasons behind the rapid rise of Taiwan and South Korea's stock markets compared to India in just a week

AI’s Impact on India’s Economy Hello, this is Priyanka Salve writing from Singapore. Welcome to the latest edition of “within India” — a hub for stories and developments from the world’s fastest-growing large economies. This week, we’re diving into how AI-driven advancements at TSMC, Samsung, and SK Hynix are altering the landscape of Asian markets. […]