Search Results for: Federal Reserve
The Euro and the Yen fell, Asian Stocks gain; Key events to watch this week
May 21st, 2018
Most Asian stocks gained Monday as U.S. equity futures jumped in the wake of news that the Sino-American trade war is on hold for now. Treasury yields nudged higher, taking the dollar with them. Equity benchmarks rose in Hong ...
Goldman Sachs to pay $54.75 Million for unsound conduct in its Forex business
May 16th, 2018
The New York State Department of Financial Services (DFS) has issued a statement early this month to inform that Goldman Sachs fined $54.75 Million for unsafe and unsound conduct in its Foreign Exchange trading business. Goldman Traders Improperly Shared Customer ...
The dollar index against a basket of six major currencies was down
May 14th, 2018
The dollar’s recent rally ran out of steam on Monday with U.S. yields sinking as investors wound back expectations that the U.S. Federal Reserve will launch a series of rapid rate hikes this year. The dollar index against a ...
Brokers review: Asian stocks declined, Aussie advanced, Yen and Gold gained
May 4th, 2018
Asian stocks declined as investors assessed the implications of ongoing trade talks between the U.S. and China. The dollar extended a drop ahead of the monthly U.S. jobs report, while the Aussie advanced. Stocks in from Sydney to Hong ...
Dollar slips from four-month high against a basket of currencies
May 3rd, 2018
The dollar traded below a four-month high against a basket of currencies on Thursday, with the focus shifting to economic data after the Federal Reserve did little to alter market expectations for further interest rate rises this year. On ...
The Euro and British Pound rose, European stocks advanced; What to watch out for this week
April 17th, 2018
European stocks advanced, overcoming weakness in Asian markets in the wake of a mixed set of economic numbers from China. The dollar fell to the lowest level in two months and U.S. equity-index futures climbed. The Stoxx Europe 600 ...
Trade fears spur global risk-off moves from Sydney to Shanghai
March 23rd, 2018
Asian stocks followed their U.S. counterparts lower after President Donald Trump’s decision to slap tariffs on China heightened concern a trade war could hurt global growth. The yen climbed to its strongest in more than a year. Equity indexes ...
European stocks slip ahead of long-anticipated U.S. rate hike
March 22nd, 2018
European stocks fell Wednesday, as investors prepared to hear that the Federal Reserve likely has decided to continue raising interest rates. How markets are moving The Stoxx Europe 600 index fell 0.2% to 374.68, as only the utility sector ...
A rally in Asian stocks petered out on Friday and the yen climbed
March 16th, 2018
A rally in Asian stocks petered out on Friday, and the yen climbed, as investors considered the implications of continuing personnel turmoil in the Trump administration. Japan’s currency, often the go-to asset in times of uncertainty, advanced after the ...
U.S. dollar lower against a basket of currencies; Asian share markets review
March 12th, 2018
A relief rally swept across Asian share markets on Monday after the latest U.S. jobs report managed to impress with its strength while also easing fears of inflation and faster rate hikes, a neat feat that whetted risk appetites ...
