Search Results for: Yellen
Dollar Extends Drop as Japan Leads Stocks Lower; Metals Rise
July 28th, 2016
Odds of Fed rate increase this year remain below 50% South Korean won climbs to October high; yen rebounds The dollar extended losses after the Federal Reserve reiterated its gradual approach to raising interest rates, despite acknowledging risks to ...
How one broker weathered the Brexit storm
June 27th, 2016
They knew it was coming. Broker-dealer Interactive Brokers Group Inc. IBKR, -5.50%has been planning for the Brexit vote since February, but, until late Thursday afternoon, the firm thought, like almost everyone else, the U.K. would vote to remain in the European ...
Asia shares rise, sterling steadies ahead of Brexit vote
June 21st, 2016
Asian shares rose after a tentative start on Tuesday, cautiously extending a rally triggered by growing expectations that British voters will opt to remain in the European Union in this week’s referendum. MSCI’s broadest index of Asia-Pacific shares outside ...
Yen Surges as BOJ Maintains Policy; Asian Stocks Sink With Oil
June 16th, 2016
Fed scaled back rate-hike outlook, saying Brexit a concern Kiwi strengthens on GDP data as gold rallies with silver The yen soared and Japanese stocks tumbled after the nation’s central bank refrained from easing monetary policy. Shares elsewhere in ...
Fed expected to hold rates steady as Brexit vote clouds outlook
June 15th, 2016
The Federal Reserve is expected to keep interest rates unchanged on Wednesday and signal if it still plans to raise rates twice in 2016 amid concerns about a U.S. hiring slowdown and Britain’s possible exit from the European Union. ...
Asian Stocks Advance Before Fed as Pound Halts Slide; Oil Sinks
June 15th, 2016
Yuan hovers near five-year low after MSCI’s China ruling Japanese bond yields drop to new records as copper gains Asian shares rose, rebounding from the steepest selloff in global stocks since January, as currency markets stabilized ahead of the ...
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 ...
Fed likely to avoid rate hike before Britain votes on leaving EU
June 3rd, 2016
The U.S. Federal Reserve may be forced to delay a rate hike at its June meeting because of mounting concern over the economic fallout from Britain’s vote on whether to leave the European Union. The geopolitical risk likely will ...
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 ...
