Search Results for: Federal Reserve Bank
Emerging market currencies are recovering
October 18th, 2018
Emerging market currencies are recovering as U.S. Treasury yields and the dollar falls back from the highs that sparked sharp falls across the developing world. Still, investors expect further volatility for emerging markets, given continued trade tensions between the ...
U.S. Dollar rises as optimism on economy grows
October 9th, 2018
The U.S. dollar rose Monday as investors continue to bet on the country’s robust economic growth. The WSJ Dollar Index, which measures the currency against a basket of 16 others, rose less than 0.1% to 90.26, snapping a two-day ...
Pan-European Stoxx 600 was down Monday morning; Auto stocks led the losses
October 8th, 2018
European markets were lower Monday morning, following broad declines in Asia after China’s central bank cut its reserve requirements for banks. The pan-European Stoxx 600 was down around 0.5 percent during early morning deals, with most sectors and major ...
The dollar stood tall against its peers; Euro lost more than 0.9 percent this week
September 28th, 2018
The dollar stood tall against its peers on Friday, hovering near a nine-month high versus the yen, after data reinforced upbeat views about the U.S. economy and backed the Federal Reserve’s signal for a steady course of rate increases ...
Australian dollar to U.S. dollar declined, Gold fell; Key events coming up this week
September 24th, 2018
Stocks in Hong Kong fell with U.S. equity futures and the Australian dollar after China called off planned trade talks with U.S. officials, potentially triggering an escalation in the protracted tariff war between the world’s two-biggest economies. While the ...
Asia stocks build on rally; These are the main moves in markets
September 21st, 2018
Asia stocks are set to cap the strongest two-week rally since February as investors take in evidence that escalating trade tensions have yet to hurt global growth and China’s moves to support its expansion. With the world’s expansion intact ...
Early traders review: Euro to Dollar rose, Pound to Dollar slid; Asian stocks declined
September 3rd, 2018
Asian stocks declined, while the dollar held on to its recent rally as investors assessed the outlook for trade and whether turmoil in some emerging markets can be contained. The pound retreated as the chief European negotiator on Brexit ...
Global economy is facing a ‘perfect storm’, warns BIS chief
August 29th, 2018
The problem with the current US policy of using tariffs to pursue trade and economic strategies is that they are such a crude tool to use within such a complex, sophisticated and global ecosystem. The Bank of International Settlements’ ...
Dollar steady against the euro and a basket of major currencies
August 28th, 2018
The dollar was steady against the euro and a basket of major currencies after the United States and Mexico agreed to overhaul the North American Free Trade Agreement, boosting optimism for an easing of global trade tensions. The agreement ...
Asian stocks advanced, yen to dollar rose; Key financial events coming up this week
August 27th, 2018
Asian stocks gained at the start of the week following a fresh all-time high in their U.S. counterparts Friday, as the Federal Reserve reaffirmed a slow and gradual pace of policy tightening. The dollar ticked lower and the yen ...
