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Dollar steady as investors focus on busy data, Fed week

NEW YORK :The dollar gained against the euro on Monday as investors prepared for the prospect that the Federal Reserve could push back against expectations of an imminent rate cut when it concludes its two-day meeting on Wednesday.Traders have cut odds that the U.S. central bank will reduce rates in March to
New Zealand Joe Biden Sid Mathur Marc Chandler Jerome Powell European Central Bank

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Analysis-Weak data, limited stimulus keep investors away from China

China's patchy economic growth and a renewed slump in home sales have redoubled investors' resolve to steer clear of the country's markets, sending shares tumbling as foreigners quit in the absence of fresh policy support. Gross domestic product growth was 5.2% for 2023, hitting Beijing's target and market expectations. Foreigners have already sold a net 12.4 billion yuan ($1.7 billion) of Chinese shares this year via the trading link with Hong Kong and more followed on Wed...
United States Hong Kong Toru Nishihama Kim Coghill Tom Westbrook Ken Peng
Source: yahoo.com

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