Podcasts

The U.S. Dollar is at its strongest since early February, driven by Middle East tensions and better-than-expected domestic data, including lower jobless claims and a strong Philadelphia Fed Business Outlook. Geopolitical risks are weighing on markets, with stock losses, fluctuating oil prices, and tech sector negativity spreading globally. Emerging-market currencies have weakened after recent highs, while key U.S. economic data, including GDP and consumer sentiment, is anticipated tomorrow. The Mexican Peso is at its weakest since early February but remains appealing for carry trades, up 4.2 percent this year. Meanwhile, the Japanese Yen has weakened after recent gains, as Japan faces stagflation and inflation concerns.