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Global Market: Chinese yuan hits four-year high, heads for fourth straight monthly gainChina’s yuan reached its strongest level against the US dollar in more than four years, supported by exporter dollar sales, robust exports ...- Global Market: Bank of Japan achieves 2% inflation target after 13 yearsThe Bank of Japan declared its long-standing 2% inflation target achieved after more than 13 years, but kept its benchmark interest rate un...
- Yen steady before BOJ, AI jitters drive Treasury rally, weigh on dollarThe yen remains steady as the Bank of Japan gears up for its expected interest rate policy decision. The dollar has slipped lower, respondi...
- Global Market Today: Asian stocks slide as tech earnings disappoint, AI fears mountThe Kospi Index in South Korea — a key barometer of the AI trade — fell over 3% with chip heavyweights Samsung Electronics Co. and SK Hynix...
- Dollar steady after Fed hold leaves rate path murkyAfter the Federal Reserve's decision to keep interest rates steady, the US dollar found stability. Investors are now grappling with uncerta...
- Global Market: Nomura Holdings Q2 profit rises 13% on wealth management growthNomura Holdings reported a 13% YoY rise in second-quarter net profit to 103.7 billion yen, supported by strong wholesale earnings and stead...
- Yen slips ahead of central bank bonanza, dollar firms on tech reboundYen vs Dollar : The Japanese yen fell against the US dollar as market sentiment shifted towards risk-taking. Major banks, including the Ban...
- Currency markets subdued ahead of pivotal central bank weekAs the week kicks off, major currencies hover in narrow trading bands amidst pivotal central bank meetings. Oil prices experienced a declin...
- Yen shines as AI jitters spur safe-haven rushThe Japanese yen reached its strongest level in over a month due to increased safe-haven demand. Concerns about the sustainability of the A...
- Dip in the dollar takes a breather with Fed in focusInvestors are currently preparing for upcoming central bank meetings next week, expecting interest rate holds in major economies. The dolla...
- Dollar on back foot as US yields, crude prices dip; Aussie buoyed by hawkish RBAThe US dollar is facing downward pressure with both Treasury yields and crude oil prices on the decline. Meanwhile, the Australian dollar i...
- Bank of Japan may raise inflation forecast, stand pat on rates, sources sayThe Bank of Japan plans to slightly upgrade its fiscal year 2027 inflation forecasts this month. Interest rates are expected to remain stab...
- Tech under pressure on AI jitters, dollar slips: Markets wrapSouth Korea’s Kospi Index — a bellwether for AI investments — dropped 3.5%, with chip heavyweight SK Hynix Inc. heading for its lowest clos...
- Dollar and euro drift, yen slips as markets seek directionThe euro was steady at $1.1216, while the British pound rose 0.1% to $1.3308. The Australian dollar was up 0.1% at $0.6986, while its New Z...
- Global Market: Euro falls as French political unrest, high energy prices weigh on sentimentThe euro weakened amid elevated energy prices and renewed French political uncertainty, while investors reassessed the outlook for US growt...
- Dollar firmer, euro weakens as French protests turn violentIn Asia, the dollar saw a minor uptick as unrest in France put pressure on the euro, causing a small decline. Emerging market currencies, n...
- Global markets: Stocks slip as dollar heads for weekly lossIn a week fraught with concerns over escalating interest rates and financial complications tied to AI, global stock indices saw moderate de...
- Euro gets much-needed reprieve as AI wobbles rock the dollarThe dollar is about to experience its first weekly decline in five weeks amid AI investment concerns. The euro has rebounded from a 17-mont...
- US Stock Market today: Why are S&P 500, Dow Jones, Nasdaq, Russell 2000 down? Latest updates on Wall Street stocks, US Bonds, treasury yieldsWall Street indexes S&P 500, Dow Jones, Nasdaq, Russell 2000 had rough trading day as several stocks fell, weighing on key sectors.
- Dollar holds near 18-month high as geopolitical risks riseThe US dollar index remains at a steady 102.56, influenced by a holiday impacting some markets. Tensions escalate amid fresh assaults on en...
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