Gold is taking off to the upside again, as investors rush to the supposed “safe haven” of the yellow metal and the speculators quickly cover their short bets.
Sometimes a good da… Read More
US stocks sank Friday as the major indexes failed early on to build on a Thursday rally and finished with losing weeks.
The S&P 500 (^GSPC) finished down 1.2%, while the Dow Jones Indus… Read More
By ForexTime
US government shutdown may further slow economic momentum
Fed could be prevented from one last rate hike
Market reaction from 2018 shutdown may repeat itself
US dollar may… Read More
LONDON — The Bank of England on Thursday ended a run of 14 straight interest rate hikes after new data showed inflation is now running below expectations.
The bank had been hiking rat… Read More
Wall Street pointed higher as markets wait to hear what Federal Reserve Chair Jerome Powell has to say in his speech later Friday at a conference of central bankers.
Futures for the Dow Jon… Read More
SINGAPORE/LONDON: The Japanese Yen jumped on Monday as comments from Bank of Japan (BOJ) Governor Kazuo Ueda stoked hopes that Japan could soon herald a new era away from negative rates, wh… Read More
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Michael Burry just dropped a bombshell prediction: the world is about to head… Read More
Wall Street stocks were mixed on Thursday afternoon after fresh data hinted at the easing in inflation that the Federal Reserve is looking for.
The Dow Jones Industrial Average (^DJI) sank… Read More
By ForexTime
Gold prices have kicked off the new week still nursing deep wounds inflicted from last Friday’s painful selloff.
The precious metal’s appeal took a hit foll… Read More
The global market landscape is in turmoil. Amid surging borrowing costs from Europe to the U.S., economists and investors are being forced to reassess the trajectory of worldwide interest ra… Read More
MARKET WRAPS
Watch For:
EU retail trade; U.K. monthly car registrations figures, Bank of England Chief Economist Huw Pill speaks at Monetary Policy Report National Agency briefi… Read More
(Bloomberg) — The great credit tightening is finally approaching on both sides of the Atlantic, if the latest surveys of bankers are anything to go by.
Most Read from Bloomberg
A… Read More
TOKYO – Asian shares largely surged Friday after Wall Road’s profitable streak barreled right into a fourth day, buoyed by the most recent sign that inflation could also be easi… Read More
Markets tipped lower Monday ahead of a holiday-shortened session with little corporate news or economic data expected until later in the week.
Futures for the Dow fell 0.2% and the S&P… Read More
(Bloomberg) — Treasuries dropped in Asia as they reopened following a US long weekend, extending a global slide that began in the UK where investors grew concerned stubborn infla… Read More
(Bloomberg) — Global bonds are slumping after two shock interest-rate hikes this week served traders a reality check that central banks are far from done fighting inflation.
Most… Read More
Dollar rises as U.S. debt bill passes House, euro slides ahead of inflation
By Rae Wee and Joice Alves
SINGAPORE/LONDON (Reuters) – The dollar rose on Thursday after a vote of approval… Read More
Jerome H. Powell, the Federal Reserve chair, said on Friday that inflation continued to be “far above” the central bank’s target but that policymakers “haven&rsqu… Read More
Asia shares edge higher, wary of US bank data
By Wayne Cole
SYDNEY (Reuters) – Asian shares were mostly higher on Monday as investors braced for a week where U.S. inflation data will t… Read More