USD’s reaction to U.S. President Biden’s withdrawal is likely to be “small” as market participants probably expect a victory by former president Trump anyway, said CBA.
Japanese stocks were lower, dragged by falls in auto and electronics stocks, as caution continues over domestic earnings and the Bank of Japan’s policy outlook.
Woodside Energy plans to acquire Tellurian and its proposed liquefied natural gas development in the southern U.S. for around $900 million, doubling down on demand for a fuel used in power generation as the world pivots away from coal.
Green bonds sales in the first half of the year topped $356 billion – the busiest half year observed since the market’s inception, data compiled by Bloomberg show.
