The US greenback has appreciated 2.65% against a basket of its developed market peers since the election and is at a two-year high.
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Europe’s various far-right parties increased their control of the EU’s parliament to 25% from the roughly 20% since elections in 2019.
Forecasting shifts in wealth, climate and the changing world order.
US equity ETFS saw nearly $150 billion in inflows last month. Those tied to Europe, Japan, and emerging markets weren’t so lucky.
By licensing a drug from Hansoh, Merck signaled that it isn’t prepared to fully challenge its rivals’ dominance in the GLP-1 space.
If similar cases are a guide, the US has given equal weight to both known and hypothetical threats to national security.