Search Results for: U.S. interest rates
Emerging market currencies fell with the dollar climbing to its highest in nearly two weeks
February 7th, 2019
Emerging market currencies fell on Wednesday with the dollar climbing to its highest in nearly two weeks as investors largely ignored U.S. President Donald Trump’s State of the Union address. Stocks were mostly flat. Concern over global growth continued ...
Weak euro lifts dollar, pound zooms on talk of second Brexit vote
January 18th, 2019
The U.S. dollar rose on Thursday against a euro dragged lower by soft economic data, while the pound took off on hopes of a second referendum on Britain’s membership in the European Union. Against the euro, the dollar strengthened ...
Recession And Stocks In Free-Fall: Michael Pento’s 2019
January 9th, 2019
Money manager Michael Pento has been bearish on both stocks and bonds for some time. 2019 is the year, he says, when the big crash finally arrives. “Some Predictions for 2019 Bond Yields Continue to Fall in First Half ...
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 ...
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 ...
Moscow Exchange expects record euro vs rouble trading
December 19th, 2018
The Moscow Exchange expects a significant increase in trading between the currency pairs euro versus rouble and yuan versus rouble this year, amid a “de-dollarisation” policy, the head of the Moscow Exchange said on Tuesday. With the threat of ...
Dollar gains as focus shifts to Fed, euro and sterling under pressure
December 14th, 2018
The dollar firmed against most major counterparts on Friday, as investor focus shifted to an expected U.S. interest rate hike next week, although gains are likely to be capped on greater uncertainty about next year’s policy outlook. The greenback ...
SEC halts alleged insider trading ring spanning three countries
December 7th, 2018
The Securities and Exchange Commission (SEC) has filed insider trading charges against an IT contractor and two others he illegally tipped with confidential client information he stole while working in the Singapore branch of an investment bank. The SEC ...
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 ...
Euro briefly rallied on Thursday
November 23rd, 2018
The euro briefly rallied on Thursday after Britain and the European Union agreed in principle to a text setting out their future relationship before a summit on Sunday. European Council President Donald Tusk said the text had been discussed ...
