Search Results for: interest rates
The dollar fell against a broad range of currencies on Monday
March 16th, 2020
The dollar fell against a broad range of currencies on Monday after the U.S. Federal Reserve made another surprise interest rate cut and major central banks took steps to relieve a shortage of dollars in financial markets. The U.S. ...
European stocks rally after historic sell-off; Stoxx 600 up 5%
March 13th, 2020
European stocks rallied on Friday during a volatile session after their worst sell-off in history, as the rapid spread of the coronavirus pandemic continues to dominate investor sentiment. The pan-European Stoxx 600 climbed 5%, with basic resource stocks surging ...
Why a bear market will lead to a dollar collapse
March 5th, 2020
Falling equity markets this week are likely to signal the onset of a bear market, responding to a combination of the coronavirus spreading beyond China and persistent indications of a developing recession. This has provoked a flight into ...
Gold rises on policy stimulus expectations as G7 meets
March 3rd, 2020
Gold prices rose on Tuesday on hopes of interest rate cuts by central banks as leading policymakers from the Group of Seven (G7) nations met to discuss how to contain the economic impact from the global coronavirus outbreak. Spot ...
Coronavirus and credit – a perfect storm
February 19th, 2020
This article posits that the spread of the coronavirus coincides with the downturn in the global credit cycle, with potentially catastrophic results. At the time of writing, analysts are still trying to get to grips with the virus’s ...
How Emerging Market stocks and currencies kicked off the week
February 3rd, 2020
Emerging market stocks held at near two-month lows on Monday, showing no signs of reprieve as investors continued to worry about the economic hit from a deadly virus outbreak in China. As traders in Asia’s biggest economy returned from ...
Dollar at 2-month high, Aussie weak as virus anxiety spreads
January 30th, 2020
The dollar held near a two-month high against a basket of major currencies while the Australian dollar and the yuan were under pressure on Thursday as investors tried to shield themselves from assets that could be hit by China’s ...
Breaking: European Central Bank Monetary policy decision
January 23rd, 2020
The European Central Bank has issued a press release to inform that at today’s meeting the Governing Council of the European Central Bank (ECB) decided that the interest rate on the main refinancing operations and the interest rates on ...
Euro traders wait for ECB meeting, yuan drops on virus fears
January 23rd, 2020
The euro remained stuck in its recent trading range on Thursday before the European Central Bank’s meeting, while China’s yuan dropped on fears about the spread of a virus. Euro/dollar traded little changed at $1.1094. So did the dollar ...
Emerging currencies: Latam currencies weaken
January 14th, 2020
Brazil’s real slid to a one-month low on Monday, leading a decline across major currencies in Latin America, while Sao Paulo-listed stocks ended a six-session losing streak amid a rally in global markets fueled by trade optimism. Extending losses ...
