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USD/TRY analysis as Goldman Sachs warns on lira carry trade
Forex

USD/TRY analysis as Goldman Sachs warns on lira carry trade

The Turkish lira has slipped against the US dollar as Goldman Sachs analysts warned about the best-performing carry trade. The USD/TRY exchange rate was trading at 39.25, up by 11% this year, and down from the year-to-date high of 39.85.  Is the Turkish lira carry trade at risk? Analysts at Goldman Sachs are warning that […]

  • June 01, 2025 11:45 PM PDT
  • Invezz
Indivior to delist from London Stock Exchange, maintain Nasdaq listing
Market Updates

Indivior to delist from London Stock Exchange, maintain Nasdaq listing

(Reuters) -Pharma firm Indivior said on Monday it will cancel its secondary listing on the London Stock Exchange, effective July 25, maintaining its primary listing on the Nasdaq to reduce costs and b...

  • June 01, 2025 11:33 PM PDT
  • EODHD
GSK Plc: FDA Accepts Linerixibat NDA For Review
Market Updates

GSK Plc: FDA Accepts Linerixibat NDA For Review

(RTTNews) - GSK plc (GSK) announced the FDA has accepted for review the NDA for linerixibat, an investigational targeted inhibitor of the ileal bile acid transporter, for the treatment of cholestatic...

  • June 01, 2025 11:24 PM PDT
  • EODHD
China’s manufacturing PMI edges up despite ongoing trade tensions
Economy

China’s manufacturing PMI edges up despite ongoing trade tensions

China’s manufacturing PMI improved somewhat in May due to the resumption and frontloading of shipments to the US amid the 90-day tariff truce which will end in mid-August, Commerzbank AG said.  May saw an increase in the official manufacturing PMI to 49.5, up from April’s reading of 49.0, official data showed. In May, the production […]

  • June 01, 2025 11:09 PM PDT
  • Invezz
Novartis’s Cancer Treatment Pluvicto Shows Positive Results in Trial
Market Updates

Novartis’s Cancer Treatment Pluvicto Shows Positive Results in Trial

Pluvicto demonstrated positive results in patients with PSMA-positive metastatic hormone-sensitive prostate cancer. Continue Reading View Comments

  • June 01, 2025 11:04 PM PDT
  • EODHD
Sandoz Announces Availability Of WYOST And Jubbonti In The US
Market Updates

Sandoz Announces Availability Of WYOST And Jubbonti In The US

(RTTNews) - Sandoz has announced that WYOST and Jubbonti are available to patients in the US. WYOST and Jubbonti are the first and only interchangeable FDA-approved denosumab biosimilars and are appro...

  • June 01, 2025 10:36 PM PDT
  • EODHD
EUR/USD forecast: carry trade emerges ahead of ECB rate cut
Forex

EUR/USD forecast: carry trade emerges ahead of ECB rate cut

The EUR/USD exchange rate will be in the spotlight this week as the European Central Bank (ECB) delivers its interest rate decision and as the US publishes its nonfarm payrolls (NFP) data on Friday. It was trading at 1.1371 on Monday, 1.6% below the highest point this year. ECB decision and US NFP data ahead […]

  • June 01, 2025 10:30 PM PDT
  • Invezz
HSBC to inject $4 billion into its private credit funds
Market Updates

HSBC to inject $4 billion into its private credit funds

By Iain Withers and Lawrence White LONDON (Reuters) -Europe's biggest bank HSBC will inject $4 billion into its private credit funds, amid a wider push by banks into the booming market as profits from...

  • June 01, 2025 10:01 PM PDT
  • EODHD
Plus Therapeutics GAAP EPS of -$1.19 misses by $0.97, revenue of $1.06M misses by $0.08M
Market Updates

Plus Therapeutics GAAP EPS of -$1.19 misses by $0.97, revenue of $1.06M misses by $0.08M

* Plus Therapeutics press release [https://seekingalpha.com/pr/20121691-plus-therapeutics-reports-first-quarter-financial-results-and-recent-business-highlights] (NASDAQ:PSTV [https://seekingalpha.com...

  • June 01, 2025 09:31 PM PDT
  • EODHD
Emirates' Clark on Tariff Impact, Supply Chains, Boeing
Market Updates

Emirates' Clark on Tariff Impact, Supply Chains, Boeing

Emirates President Tim Clark discusses air travel demand and supply chains amid the uncertainty around tariffs. He also shares his views on the carrier's relationship with Boeing and passenger numbers...

  • June 01, 2025 09:09 PM PDT
  • EODHD