Stock market news
• US markets will be closed for Presidents' Day on Monday. EUR/USD rose above 1.05 this morning. Bitcoin treads $96K - the crypto is stuck in a swamp and the nervous may start selling. Stocks and bonds show slight appetite for risk.
• Asian stocks had a mostly upbeat start to the week, although a holiday in US markets reduced liquidity. Hong Kong led the way again, adding another 1.4% to last week's 7% jump on optimism about potential low-cost AI adoption following the DeepSeek disclosure.
• Goldman Sachs raised its forecast for China’s growth and stocks, arguing that...
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