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CFTC data show net bullish bets on the dollar rose to nearly $40bn as of June 30, the highest since 2015, extending a monthly rally led by interest-rate expectations. Markets are pricing a higher-for-longer Fed and a risk of further hikes, which help

2026-07-07

CFTC data show net bullish bets on the dollar rose to nearly $40bn as of June 30, the highest since 2015, extending a monthly rally led by interest-rate expectations. Markets are pricing a higher-for-longer Fed and a risk of further hikes, which helped the dollar gain about 2% in June. Analysts say Fed tightening expectations and US economic resilience support the move, but some institutions warn weaker recent employment data could cap further upside.

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2026-07-06

South Korea telecom operator KT said it will invest about 18 trillion won (~$11.8bn) to reposition as an AI-focused platform company. Under its AX platform strategy, KT plans to deploy 12 trillion won into cybersecurity, IT and network areas over the

South Korea telecom operator KT said it will invest about 18 trillion won (~$11.8bn) to reposition as an AI-focused platform company. Under its AX platform strategy, KT plans to deploy 12 trillion won into cybersecurity, IT and network areas over the next three years. The company said it will allocate 4 trillion won to upgrade network security and drive IT innovation, seek leadership in next‑generation networks including 6G and satellite communications, and improve existing network quality. KT will invest 5 trillion won to build AI data centers with a total capacity of 1 GW to support physical-AI and autonomous-driving low-latency, real-time inference, and 1 trillion won to add subsea cable capacity exceeding 90 Tbps.
2026-07-07

The Dow Jones Industrial Average rose 155.84 points, or 0.29%, to close at 53,055.91 on Monday, July 6. The S&P 500 rose 54.18 points, or 0.72%, to close at 7,537.42 on Monday, July 6. The Nasdaq Composite rose 288.49 points, or 1.12%, to close at 26

The Dow Jones Industrial Average rose 155.84 points, or 0.29%, to close at 53,055.91 on Monday, July 6. The S&P 500 rose 54.18 points, or 0.72%, to close at 7,537.42 on Monday, July 6. The Nasdaq Composite rose 288.49 points, or 1.12%, to close at 26,121.16 on Monday, July 6.
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