Vietnam’s population hit the 100 million milestone. Where’s it headed? 
Citi Raises TSMC Price Target as AI Chip Demand Strengthens Growth Outlook 
Smartphones are helping filmmakers tell the stories the movie industry overlooks 
Goldman Sachs Says China Competition Weighs More on EU Growth Than Trade Deficit 
Trump has made more than $1 billion from crypto in a year. How? 
JPMorgan Cuts Gold Price Forecast, Sees Bullion Reaching $4,500 by End of 2026 
Goldman Sachs Raises USD/JPY Forecast, Sees Yen Weakness Persist Through 2027 
Bank of America Upgrades T-Mobile to Buy, Says LEO Satellite Fears Are Overdone 
State of emergency in Crimea as Ukraine focuses pressure on ‘jewel in Putin’s crown’ 
Bernstein Names IAG, Ryanair as Top European Airline Stocks Ahead of Earnings 
In a rebuke to Trump, the Supreme Court rules that birthright citizenship is the law of the land 
Dollar last week performed fair against major counterparts. Dollar index is up 0.16% on a weekly basis and up close to 15% over the past six months. US economy has fared well too; latest PMI data, released last week showed a healthy reading of 54.3.
This week will be vital for the dollar -
- Dollar has so far continued to strengthen for consecutive record 7 months, only this month so far it has failed to break above & we are coming close to the end with lots of event risk on schedule.
- Federal Reserve (FED) president Janet Yellen will be presenting bi annual testimony in congress. There could be queues not only for the timing of rate hike but her view on different aspect of economy. Her view on the housing market will be interesting after today's release of existing home sales. This will be a two day event starting on Tuesday at 15:00 GMT.
- Vital will be inflation data of the US, to be released at 13:30 GMT, Thursday. Inflation will be the key consideration of FED in raising interest rates as unemployment reaches optimal level.
The dollar index is currently trading at 94.55 up 0.34% for the day. US existing home sales data published today disappointed to 4.82 million down -4.9%.
