Dollar Stays Weak on Worries Over Foreign Selling of U.S. AssetsLIVE[Dow Builds on Record High as Futures Rise]Last Updated:---46 min ago# Dollar Stays Weak on Worries Over Foreign Selling of U.S. AssetsByRenae Dyer, Dow Jones NewswiresThe dollar was recovering only marginally after reaching a one-and-a-half-week low overnight on concerns about foreigners selling U.S. assets.These concerns were triggered by a Bloomberg report that said Chinese regulators advised financial institutions to reduce their exposu ...

So let's talk about this and more with our friend BFG Wealth Partners chief investment officer Peter Bookbar. Also a CNBC contributor. Peter again US markets have done great but to what do you attribute this.I mean Korea doubling in a year. >> Memory chips. >> As we entered 2025 the US market cap as a as a percent of total market cap got to the highest levels since World War II.north is 60%. With a >> of the global market >> of the global market cap with context that the US economy is about 25% of global GD ...

The dollar index (DXY00) fell to a 1-week low today and is down by -0.75%.  The dollar is under pressure today after a Bloomberg report said that Chinese regulators have advised financial institutions to rein in their holdings of US Treasuries, fueling concerns that foreigners will reduce their demand for US dollar assets.  Strength in the Chinese yuan also undercut the dollar after the yuan rose to a 2.5-year high against the dollar today.  Losses in the dollar accelerated today after National Economic Co ...

March WTI crude oil (CLH26) on Friday closed up +0.26 (+0.41%), and March RBOB gasoline (RBH26) closed up +0.0266 (+1.38%). Crude oil and gasoline prices recovered from early losses on Friday and moved higher after the dollar (DXY00) weakened.   Also, doubts that the US-Iranian talks in Oman will lead to a breakthrough in a nuclear deal are underpinning oil prices after the Wall Street Journal reported that Iran stands by its refusal to end uranium enrichment, a major sticking point for the US.  Crude pri ...

March WTI crude oil (CLH26) today is up +0.79 (+1.25%), and March RBOB gasoline (RBH26) is up +0.0291 (+1.51%). Crude oil and gasoline prices recovered from early losses today and moved higher after the dollar weakened.   Also, concerns that the US-Iranian talks in Oman will not lead to a breakthrough in a nuclear deal are underpinning oil prices, after the Wall Street Journal reported that Iran stands by its refusal to end uranium enrichment, a major sticking point for the US.  Crude prices added to thei ...

The markets are discounting the odds at 9% for a -25 bp rate cut at the next policy meeting on March 17-18.The dollar sank to a 4-year low last Tuesday when President Trump said he’s comfortable with the recent weakness in the dollar. Also, the dollar remains under pressure as foreign investors pull capital from the US amid a growing budget deficit, fiscal profligacy, and widening political polarization.Richmond Fed President Tom Barkin said today that the US economic outlook is improving as uncertainty fad ...

Core Insights - Sugar prices have recently increased due to a weaker dollar, leading to short covering in sugar futures [1] - Despite the recent price increase, the overall outlook for sugar remains bearish due to anticipated global surpluses [2][6] Global Sugar Production and Surplus - Global sugar production is expected to exceed demand, with estimates of a 2.74 million metric ton (MMT) surplus for 2025/26 and a 156,000 metric ton surplus for 2026/27 [2] - Covrig Analytics has revised its global sugar surplus estimate for 2025/26 to 4.7 MMT, up from 4.1 MMT previously [6] Regional Production Updates - Brazil's sugar output for the 2025-26 season has increased by 0.9% year-on-year to 40.222 MMT, with a higher ratio of cane crushed for sugar [3] - India's sugar production for the 2025-26 season is projected to rise by 22% year-on-year to 15.9 MMT, with an overall production estimate increased to 31 MMT [4] Export Dynamics - India is expected to boost sugar exports, with the government potentially allowing additional exports to alleviate domestic supply issues [5] - The Indian government has set a quota for sugar exports, allowing mills to export 1.5 MMT in the 2025/26 season [5]

Summary of Global Hotels & Leisure Conference Call Industry Overview - The conference call discusses the impact of current dollar weakness on the Global Hotels & Leisure industry, particularly focusing on companies with significant international revenue exposure and those with costs denominated in different currencies. Key Points Winners from Dollar Weakness 1. **Booking Holdings (BKNG)**: - Beneficiary of dollar weakness with nearly 80% of room nights outside the US, particularly benefiting from strong Euro against the USD [2][12] - Earnings estimates increased by 2-3% due to favorable FX impact [1] 2. **Airbnb (ABNB)**: - 55% of revenues earned outside the US, with 33% exposure to Europe and 11% each to APAC and LATAM, leading to a positive earnings tailwind from USD weakness [3][12] - Earnings estimates raised by 2-3% [1] 3. **Carnival Corporation (CCL)**: - 45% of revenues generated outside the US, primarily in Europe, benefiting from favorable currency translation [3][12] - Earnings estimates increased by 2-3% [1] 4. **Other Beneficiaries**: - Hilton, Marriott, IHG, and Royal Caribbean (RCL) will also see benefits, but to a lesser extent due to limited non-USD exposure [3] Losers from Dollar Weakness 1. **Accor**: - Despite only 3% of room exposure in the US, approximately 35% of EBITDA is generated in USD while reporting in EUR, leading to a negative impact from dollar weakness [4][14] - Earnings estimates trimmed by ~3% [1] 2. **Hyatt**: - Managed resorts in the Mexican Caribbean earn revenues in USD but have costs in Mexican Pesos, leading to margin compression due to dollar weakness [5][14] - Incentive management fees are sensitive to USD/MXN exchange rates, resulting in a 3-4% headwind to earnings for 2026-2027 [5][15] Financial Implications - The overall impact of dollar weakness is expected to create a material earnings tailwind for US-denominated stocks with high non-US revenue exposure, while negatively affecting those with significant USD costs and EUR-denominated earnings [1][11] - The dollar is down MSD-high teens year-over-year against major currencies, which will have a significant impact on the earnings of companies in the travel sector [9] Investment Ratings - Despite the FX impacts, the investment ratings remain unchanged with Outperform ratings for Marriott, Hyatt, Accor, Melia, Royal Caribbean, and Airbnb [8] Additional Insights - The analysis highlights the importance of currency exposure in the hospitality sector, emphasizing that companies with significant international operations are better positioned to benefit from a weaker dollar [11][20] - The sensitivity of earnings to currency fluctuations is a critical factor for investors to consider when evaluating these companies [14][15] This summary encapsulates the key insights from the conference call regarding the impact of dollar weakness on the Global Hotels & Leisure industry, identifying both winners and losers, and providing a financial outlook for the affected companies.

Joyce, just to pick up where we left off because we were talking about what we're seeing in the currency markets and what we're seeing with the dollar. Um, and so what are the dynamics just to pick this up and then throw it to our panel here um that are going to matter most. Well, so I would dis dismiss a lot of the talk about a Davos accord and even the DD dollarization I think that's exaggerated.But the weaker dollar, the bearish dollar trade, I think is here to stay and I think that is because we're at a ...

Key Takeaways Dollar weakness is a "tailwind" for gold prices, Morgan Stanley's metals and mining strategist says. Precious metals experts see gold's rally continuing, but they see a chance of near-term volatility as investors take profits. One asset's weakness can be another's strength. That concept has added fresh complexity to rising investor demand for gold. Case in point: Spot gold prices continue to rally, breaking past $5,300 on Wednesday following a drop in the greenback yesterday. While it ...