Jerome Powell may use Jackson Hole speech to hint at how fast and how far the Fed could cut ratesFederal Reserve officials believed they were close to achieving their inflation target. With interest rates scheduled for a potential cut n...
Fed seen raising rates to 5.1%, then may stopTraders are now betting heavily that the Fed will continue to raise rates, by a quarter of a percent at each of its next two meetings in Ma...
Dollar firms ahead of US inflation data; PBOC clips yuan's wingsThe dollar was firm on Friday ahead of U.S. inflation figures, which could settle the course of interest rates, while the Chinese yuan was ...
Tech shares lead tentative Asian market rally as Powell soothes investorsTech stocks were bid in Asia - notably in Taiwan where chipmakers helped the benchmark index rise 1%. MSCI's broadest index of Asia-Pacific...
Dollar pauses ahead of Fed testimony, cryptocurrencies attempt recoveryThe greenback had gained sharply since the Fed last week flagged sooner-than-expected interest rate hikes, although it dipped on Monday to ...
Investors turn skeptical of US Democrat ‘Blue Wave’ victoryWhen Democrat Joe Biden’s poll numbers increased, numerous strategists started talking about the idea of a “Blue Wave,” where his party wou...
Dollar dips as market risk sentiment soursThe US currency gained more than 0.2 per cent against a basket of currencies, as risk sentiment soured in early trading in Europe.
Global stocks slip as markets await Trump's HK responseMSCI's broadest index of Asia-Pacific shares outside Japan fell 0.3%. The Nikkei retreated from a three-month high and, though moves were s...
Asia shares follow Wall Street higher, but coronavirus risk lurksMSCI's broadest index of Asia-Pacific shares outside Japan added 0.2 per cent, in its fourth day of gains.
Current US expansion could become longest on recordEven with a recent uptick, interest payments still remain incredibly low.
No bubble in stocks but look out when bonds pop, Greenspan saysRight now, the model shows US stocks at one of the most compelling levels ever relative to bonds.
Here's what you need to know about US stocks rallyStocks rallied to new highs after the afternoon release of the Federal Reserve's March meeting minutes in Washington.
What do the Fed minutes really sayThe headline explanation was that there are global economic and financial headwinds that continue to pose risks to the US economy.
Janet Yellen to stress gradual rate hikesJanet Yellen will leave expectations for a December interest-rate rise in place when she speaks publicly twice this week.
Indian-origin man in US pleads guilty to $9 million Facebook stock fraudAn Indian-origin investment advisor, Gignesh Movalia, pleaded guilty to perpetrating a $9 mn investment fraud scheme involving Facebook sto...
- US trade gap probably shrank in November to $41.2 billion: Economists
Trade deficit in the US probably narrowed in Nov as fuel imports dropped and exports rebounded, economists said.
- US factory orders falter, housing mood sours
Orders and sales at New York manufacturers decreased in August for the first time in more than a year and US homebuilders turned more pessi...