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Friday, March 6, 2026

Asia Market Movers: Gulf states could review overseas investments - report

Friday, 06 Mar, 2026

News

Gulf states could review overseas investments - report

The FT reports that pressure on the Arab Gulf states' finances could cause them to review their overseas investments and commitments. The cost of the war is beginning to mount as Iran strikes at US al

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News

Australian dollar climbs as a positive risk mood leads to US dollar selling

The mood is improving in Asia. The steady selling of risk assets and flight to the US dollar has given way to some optimism in Asia and that's reflected in decent bids in the Australian dollar and bro

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Central Banks

Fed's Goolsbee: Institutions are facing a crisis of trust

At some point we will all regret the "I did my own research" and "don't trust the media" stances. We certainly need more-professional media but something about social media broke everything to do with

Stock market update

Nikkei and Kospi both open more than 1% lower

The Kospi opened down just over 1% after some utterly crazy moves this week. The Korean index had been swinging upwards of 10% daily, and this looks like a much more 'normal' day. Note though that the

News

Scotiabank's base case is USMCA renewal — but the tail risks are worth pricing

The clock is ticking on the USMCA joint review and Scotiabank just released a comprehensive report that's worth a read. "The future of [USMCA] is the single most consequential macro uncertainty facing

News

US admiral: Iran's ballistic missile attacks have decreased by 90%

CENTCOM Commander Admiral Brad Cooper is highlighting something that markets should keep in mind: "If I just look back over the last 24 hours of the operation compared to the where we were to start,

News

Trump says Iran is contacting them seeking guidance on negotiating a deal

Is this the start of the end? Trump also said that further action to reduce pressure on oil is imminent. Trump talked about a 4-5 week schedule but he hates: High oil prices Falling stock prices The m

News

investingLive Americas FX news wrap 5 Mar: Geopolitics continue to drive the markets

US stocks close lower but rebound into the close Crude oil settles at $6.35 higher or 8.51% at $81.01 Kristi Noem is replaced as Homeland Security Secretary. Pres. Trump not looking to tap into the st

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News

Costco beats on earnings but little reaction from shares

Costco came in ahead on the top and bottom line in the after-hours report today. EPS landed at $4.58 vs. the $4.55 estimate, while total revenue hit $69.60B against the $69.27B consensus. Net income r

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