investingLive Asia-pacific FX news wrap 21 Aug: markets calm amidst lack of catalysts

8 months ago 31

Durian exports surge 400% but growth slows; innovation drives $10M revenue for DurianBB, targeting Chinese tourists.

ETH surges 5.8% as capital rotates from BTC, whose demand cools. Gold target raised to $3.6K. Stocks slip.

Dow up, S&P/Nasdaq slide as tech stocks dip on rate uncertainty. AI rally cools, traders eye Fed minutes & retail earnings.

Investor's Business Daily

1h ago

Ford's 5.2% yield faces tariff risk; dividend payout ratio may exceed targets if cash flow guidance holds.

Jackson Hole looms! Traders eye Powell's speech for rate cut clues; Nikkei dips 0.6%, chip stocks mixed. Dollar steady.

Eric Trump predicts BTC hits $175K by year-end, sees $1M+ long-term. His firm merges with Gryphon Digital Mining (GRYP).

Gold holds gains near $3,342/oz on Fed independence fears. Traders eye Powell's speech for rate cut clues; expect 25bps cut boosting gold.

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