Matthew Burgess

1 day ago | bloomberg.com | Matthew Burgess |Swati Pandey

Traders are winding back bets on aggressive monetary easing by Australia in a cascading effect from the US and China agreeing to temporarily lower tariffs on each other’s products. Money market pricing now implies the Reserve Bank will only cut interest rates three times this year, including one next Tuesday.

2 days ago | bloomberg.com | Matthew Burgess |Kevin Simauchi

Stock figures displayed in Shanghai. Photographer: Qilai Shen/Bloomberg(Bloomberg) -- The benchmark emerging-market stock index rallied to its highest level since October as news that China and the US had agreed to a temporary cut in tariffs boosted risky assets globally. The MSCI gauge for emerging stocks rose 2.1% on Monday, hitting its highest value since October 7, with gains led by by equities in Hong Kong and South Korea including Tencent Holdings Ltd., Alibaba Group Holding Ltd.

1 week ago | finance.yahoo.com | Tian Chen |Matthew Burgess

Unlock stock picks and a broker-level newsfeed that powers Wall Street. Tian Chen and Matthew Burgess Sun, May 4, 2025, 10:59 PM 4 min read In This Article: (Bloomberg) -- Asian currencies ripped higher against the US dollar Monday, extending a move that’s hurting exporters, weighing on equities and forcing central banks to intervene in the market to curb excessive gains.

1 week ago | bloomberg.com | Catherine Bosley |Andras Gergely |Matthew Burgess

(Bloomberg) -- An index of emerging-market foreign-exchange returns rose to a record high as Asian currencies gained from a dumping of US dollars. The MSCI EM FX gauge, which is heavily tilted toward Asian exchange rates, rose 1.2% Monday. The EM index, which tracks total returns comprising exchange rate and interest income, extended what had already been a three-week rally.

1 week ago | flipboard.com | Matthew Burgess

3 hours agoPresident Donald Trump's second run in the Oval Office has moved past the 100-day mark, a whirlwind timeframe that has included questionable moves on tariffs—spiking concerns over the economic impact—plus the handling of the Russia-Ukraine talks. Meanwhile, some point to the 47th president's …