The euro could climb to levels last seen five years ago as a drop in hedging costs would drive flows of more than $200 billion and prop up the currency, according to Morgan Stanley.
Morgan Stanley remains bullish on South Africa’s longer-term reform trajectory even as a global oil shock challenges the economy, fans inflation and may trigger higher interest rates.
Morgan Stanley is turning more positive on US stocks in a bet that blockbuster earnings and a strong economy will keep the bull market running full steam ahead.
Thomas Faust, who engineered the sale of Eaton Vance to Morgan Stanley, is beginning his next act: helping out mutual fund managers who are facing redemption requests.
Pop Mart International Group Ltd. reported slower sales growth for the first quarter, marking a deceleration from its rapid expansion last year amid waning momentum for its blockbuster Labubu toys.
As Morgan Stanley analysts put it, “space is back in a big way,” with renewed momentum spanning everything from raw materials and mining to fuel and propulsion systems.
Poland’s central bank is set to keep interest rates unchanged for a second month with policymakers expected to sharpen anti-inflation rhetoric as the conflict in Iran revives long-dormant price pressures.
US gasoline inventories are on pace to drop to historical seasonal lows by late summer, further straining a tight fuel market upended by the war in Iran.
Wall Street securities dealers and money managers are increasingly relying on algorithms to execute even the biggest corporate-bond trades, the latest sign of movement toward electronic trading in a $12 trillion market that was long one of the biggest…
