InvestingLive Asia-Pacific FX news wrap: Fed's Daly shifts more dovish, September hint

InvestingLive Asia-Pacific FX news wrap: Fed's Daly shifts more dovish, September hint

Saylor's Strategy acquired US$2.46bn worth of bitcoins last week __ Purchased 21,021 bitcoins

Palantir surges 113% on AI & gov contracts, but lofty valuation poses risk. Analysts eye Q2 earnings.

Aussie spending up 0.5% in June, driven by goods, but services slump. Annual pace hits 4.8%. Rate cut hopes rise.

Morgan Stanley warns S&P 500 could drop 10% amid historic valuations; Evercore advises buying dips.

China's services PMI hits 14-month high (52.6) on demand, exports. Official survey lags. Traders eye property risks.

Goldman Sachs expects September Fed rate cut, up to 50bp if jobs mkt slips further —— GS see three consecutive rate cuts from the Federal Open Market Committee (FOMC)