Australia’s trade surplus decreased to 2,968M MoM in February versus 5,600M expected and 5,156M (revised from 5,620M) in the previous reading, according to the latest foreign trade data published by the Australian Bureau of Statistics on Thursday.
In an X post on Wednesday, TRON founder Justin Sun accused Hong Kong-based financial institution First Digital Trust (FDT) of being insolvent, causing its FDUSD stablecoin to briefly drop below its US Dollar (USD) peg.
S&P 500 has so far defended the low of last down leg near 5500pts, which is also an ascending trend line connecting troughs of April 2024/August 2024, Societe Generale's FX analysts report.