Search Results for: Federal Reserve
U.S. dollar rose against a basket of major currencies
February 6th, 2019
The U.S. dollar rose against a basket of major currencies on Tuesday, as investors awaited President Donald Trump’s State of the Union address for a possible update on the U.S.-China trade war. Continued recovery in investors’ appetite for risk ...
Gold reaches seven-month high as dollar struggles
January 30th, 2019
Gold climbed to a seven-month high on Tuesday and stocks were back on the up too, as investors dug in for three days of political and economic drama and a blizzard of big tech earnings, starting with Apple later. ...
Latam currencies mixed; The dollar weakened
January 8th, 2019
Latin American currencies were mixed against a soft dollar on Monday, while stocks barring Brazil’s Bovespa rose, on a day when global equities were buoyed on optimism over the resumption of U.S.-China trade talks. The dollar weakened, pressured by ...
Stocks across Asia kicked off the week with strong gains; Events investors focus on this week
January 7th, 2019
Stocks across Asia kicked off the week with strong gains after soothing Federal Reserve comments and an easing of monetary policy in China stoked a renewed appetite for risk assets. The dollar fell to the lowest in more than ...
Telecoms drag European stocks lower
December 21st, 2018
European stocks were lower Friday morning, with the prospect of further hikes in U.S. borrowing costs prompting investors to rush out of crowded trades. The pan-European Stoxx 600 was down around 0.3 percent during early morning deals, with most ...
Price of bitcoin falls below cost to mine
December 17th, 2018
To add further misery to bitcoin enthusiasts, the act of finding or “mining” the cryptocurrency has become unprofitable as the price continues to crater. This raises further questions about the viability of the accounting system supporting the cryptocurrency. The ...
The main moves in financial markets; Financial events coming up this week
December 17th, 2018
Stocks traded mixed in Asia, following two weeks of losses driven by a backdrop of uncertain trade conditions and signs that some key economies are slowing. Treasury yields steadied just below 2.90 percent. U.S. equity futures advanced with stocks ...
Latam stocks and currencies fall
December 7th, 2018
A weaker dollar helped limit the decline in Latin American currencies on Thursday, while shares trimmed losses as Wall Street ended off session lows amid worries about slowing global growth, trade, and falling oil prices. Sentiment was hit by ...
Europe stocks climb as mining, tech shares rise on volatile day
November 30th, 2018
European stocks rose in volatile trading, with mining, technology and industrial shares leading the gains following a sharp rally on Wall Street sparked by dovish comments from Federal Reserve Chairman Jerome Powell. The Stoxx Europe 600 Index was up ...
The dollar held broad gains; Currency traders are looking to the upcoming G-20 meeting
November 26th, 2018
The dollar held broad gains on Monday as investors sought shelter in the world’s most liquid currency on fears of a slowdown in global economic growth and as U.S.-Sino trade tensions sapped risk appetite. The greenback, considered a safe ...
