India has introduced real-time foreign exchange settlement operations at the Gujarat International Finance Tec-City, a move aimed at making the hub more attractive to global investors https://t.co/jMMraJZuiT ...

#行情 美元指数DXY跌至7月4日以来最低水平，日内跌近0.5%。外汇交易员 (@myfxtrader):#报告 德银外汇周报：“避开”美元 https://t.co/SD4iR4C9wd ...

Market Strategy - South Korea aims to be included in the MSCI Developed Markets Index [1] - South Korea is considering extending foreign exchange trading hours [1]

Core Insights - Abbott Laboratories (ABT) reported a gross profit of $6.29 billion in Q2, reflecting an 8.9% year-over-year increase, with a gross margin expansion to 56.4% driven by a favorable product mix, particularly in the Medical Devices segment [1][9] Financial Performance - The cost of products sold increased by 5.4% (excluding amortization), yet gross margin improved by 79 basis points (bps) [1][4] - Strong growth in diabetes care, structural heart, and electrophysiology within the Medical Devices segment contributed significantly to profitability [1][2] - The Nutrition business benefitted from continued demand for higher-margin products like Ensure and Glucerna [2] Market Conditions - Improved foreign exchange conditions, particularly a weaker U.S. dollar, provided a modest tailwind, contributing a 0.5% favorable year-over-year impact on sales [3] - Cost discipline in manufacturing and reduced COVID testing impact supported the gross margin improvement despite macroeconomic challenges such as tariffs and pricing pressures in China [4] Peer Comparison - Thermo Fisher (TMO) experienced a gross margin contraction of 83 bps to 41.2% due to declining COVID-related revenues, despite growth in core businesses [5] - Boston Scientific (BSX) saw a gross margin decline of 152 bps to 67.7%, primarily due to inventory charges from the discontinuation of its ACURATE valve, although underlying performance remained strong in high-margin areas [6] Stock Performance - Abbott's shares increased by 16.8% over the past year, outperforming the industry growth of 4.1% and the S&P 500's growth of 15.6% [7][9] Valuation Metrics - Abbott currently trades at a forward Price-to-Sales (P/S) ratio of 4.88X, below the industry average of 5.61X [10]

Emerging-market currency volatility at a one-year low is poised to sap demand for Asian foreign exchange in favor of its higher-yielding European and Latin American peers https://t.co/sl0HCsMfI6 ...

Market Trends & Yield Curve Analysis - The yield curve is flattening, with 10-year Treasury yields decreasing while 2-year Treasury yields increasing on the week [1] - The shift in the yield curve's steepening trend occurred around July 15th and 16th, following the release of CPI (Consumer Price Index) and PPI (Producer Price Index) data [2][3] Currency Market Dynamics - Euro is outperforming, reaching a one-year high against the Yen (euroyen) [3][4] - The dollar is underperforming against the Yen (dollar yen) [4] - Euro is hovering near a four-year high against the dollar [5] Factors Influencing Euro Strength - Concerns about fiscal prudence and austerity measures in Europe, even after the election, are contributing to the Euro's strength against the Yen [4][5]

Market Trends - The trading volume of Chinese Yuan against the US Dollar significantly increased in London during April [1]

A group of private foreign exchange companies in Pakistan met with the head of an intelligence department this week to discuss the local rupee’s slump. https://t.co/8u8KrelYEr ...

Market Development - South Korea will establish a panel for regular discussions with offshore banks to enhance its foreign exchange market [1] - This initiative aims to address key obstacles in South Korea's pursuit of inclusion in a major developed-market stock index [1]

Nigeria’s currency appears to be decoupling from the price of oil, the nation’s main foreign-exchange earner https://t.co/WvW0vvaN52 ...