Search Results for: Federal Reserve
Something Big That Always Happens Right Before The Official Start Of A Recession Has Just Happened
June 7th, 2016
What you are about to see is major confirmation that a new economic downturn has already begun. Last Friday, the government released the worst jobs report in six years, and that has a lot of people really freaked out. ...
Dollar wallows near four-week lows as Yellen sounds cautious note
June 7th, 2016
The dollar edged up but still wallowed close to four-week lows against a basket of currencies on Tuesday, after Federal Reserve Chair Janet Yellen’s remarks failed to toss a lifebuoy to the recently foundering greenback. The dollar index, which ...
Asia currencies jump after weak US jobs report dents Fed interest rate hike hopes
June 7th, 2016
Asia currencies got a bump up Monday after the dollar took a hit from a weaker-than-expected U.S. jobs report, but it isn’t clear if the move is sustainable. U.S. nonfarm payrolls rose by only 38,000 in May, a far ...
Asian shares rise, dollar nurses losses after jobs shock
June 6th, 2016
Asian shares rose on Monday and the dollar dragged itself off its lowest levels in nearly a month after U.S. nonfarm payrolls showed the slowest job growth in more than five years, quashing expectations for a near-term U.S. interest ...
Pound Tumbles, Volatility Jumps After Polls Show Brexit Momentum
June 6th, 2016
ITV poll shows Brexit ahead 45% to 41%; TNS has 43% to 41% One-month volatility at seven-year high before June 23 vote The pound slumped to a three-week low after polls showed more Britons favor exiting the European Union, reviving ...
Emerging-Market Stocks Post First Weekly Gain Since Early April
June 1st, 2016
Emerging-market equities rebounded last week, posting the first weekly gain since early April. The 2.8% total return for the Vanguard Emerging Market ETF (VWO) for the five trading days through May 27 also marked the strongest performance for the ...
Dollar sits below two-month high; Aussie buoyed by solid GDP
June 1st, 2016
The dollar fell against the yen on Wednesday, pulling away from a one-month peak set earlier in the week, with its drop gaining momentum after breaching technical support levels. The dollar shed 0.7 percent to 109.95 yen, weakening from ...
Asia Stocks Fall With Oil, Copper as Yuan Weakens; Aussie Jumps
June 1st, 2016
Crude oil sinks below $49 before OPEC meets Thursday Korean bonds rally as export slump weighs on the won Asian stocks retreated with commodities and the yuan weakened as Chinese manufacturing data pointed to lackluster growth in the world’s ...
Dollar supported by U.S. rate view, Aussie jumps
May 31st, 2016
The dollar hovered near its highest level in two months against a basket of currencies on Tuesday on growing expectations of an imminent U.S. interest rate hike, while the Australian dollar jumped on surprising strong local economic data. The ...
Oil prices dip on strong dollar, rising Canadian output
May 30th, 2016
Oil prices dipped on Monday as a strong dollar weighed on markets and Canadian oil sands production was expected to increase this week. Crude markets, however, did receive some support from the start of the U.S. summer driving season ...
