Feb 20 2025, 14:25 (Hong Kong) Morgan Stanley strategists have shifted their stance on Chinese equities, moving from long-standing scepticism to cautious optimism. This notable pivot aligns with Wall Street peers, as expectations grow for a sustainable rally driven by advancements in artificial intelligence and regulatory reforms. The firm’s strategists, led by Laura Wang, now…
Feb 20 2025, 13:57 Oil prices edged lower on Thursday after an industry report showing a build in U.S. crude stockpiles weighed on sentiment, falling back from gains made in the previous session on worries over supply disruptions in Russia. Brent futures were down 17 cents at $75.87 a barrel by 0600 GMT. U.S. West…
Feb 20 2025, 14:03 European markets are expected to open higher Thursday as investors monitor earnings reports from a raft of major European companies. The U.K.’s FTSE 100 index is expected to open 10 points higher at 8,696, Germany’s DAX up 49 points at 22,475, France’s CAC up 16 points at 8,118 and Italy’s FTSE…
Feb 20 2025, 15:33 The EUR/USD pair recovers some lost ground to near 1.0425 during the early European trading hours on Thursday. The weakening of the US Dollar (USD) provides some support to the major pair. However, tariff concerns from US President Donald Trump and geopolitical tension might cap its upside. The ECB sets interest…
