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October 13, 2023
By Ankur Banerjee and Naomi Rovnick SINGAPORE/LONDON (Reuters) -Global shares slipped on Friday after stronger-than-expected U.S. inflation figures and
October 12, 2023
The dollar was rooted near a two-week low on Thursday following minutes from the last U.S. Federal Reserve meeting that showed policymakers taking a cautious stance and as investors awaited key inflation data. The dollar index, which measures the U.S. currency against six rivals, was at 105.67, not far from 105.55, its lowest since Sept. it touched on Wednesday.
October 12, 2023
In recent comments, Fed officials have cited rising bond yields as a factor that may allow them to call it a day on their rate hike cycle.
October 12, 2023
The dollar was little changed but hovering near a two-week low on Thursday following minutes from the last Federal Reserve meeting that showed policymakers taking a cautious stance, as investors awaited key U.S. inflation data. Fed officials pointed to uncertainties around the economy, oil prices and financial markets as supporting "the case for proceeding carefully in determining the extent of additional policy firming that may be appropriate," according to the minutes released on We...
October 12, 2023
The dollar hovered near two-week low following minutes from the last U.S. Fed meeting that showed policymakers taking a cautious stance.
September 29, 2023
Asian shares had their best day in weeks on Friday but were still on track for their worst quarterly performance in a year as worries over elevated interest rates dragged on sentiment, while the dollar wobbled and oil prices held their ground. MSCI's broadest index of Asia-Pacific shares outside Japan gained 1%, and were set for their biggest one-day percentage rise in four weeks. The index though remained close to the 10-month low it touched on Thursday and was set for a 4% drop in the J...
September 29, 2023
Asian shares eased away from their lowest levels in 10 months but were on course to clock their worst quarterly performance in a year as worries over elevated interest rates dragged on sentiment,...
September 29, 2023
The Sterling snapped 6-day decline as dollarโs relentless rally paused, but was still on track for a near 4% drop this month.
September 29, 2023
Meanwhile, data showed the U.S. economy maintained a fairly solid pace of growth in the second quarter and activity appears to have accelerated this quarter, but a looming government shutdown and an ongoing strike by auto workers are dimming the outlook for the rest of 2023.
September 29, 2023
Shares on track to clock their worst quarterly performance in a year