Page 4 - Validus Risk News Today

By Ankur Banerjee SINGAPORE (Reuters) - Asian shares rose to a four-month high on Friday as U.S. economic data stoked expectations that the Federal Reserve is near the end of its rate-hike campaign, while the yen fell after the Bank of Japan maintained its ultra-easy monetary policy. MSCI's broadest index of Asia-Pacific shares outside Japan was 0.75% higher and on course for 2.8% gain in the

The South African Rand extended its gains on Thursday, a day after the U.S. Federal Reserve opted to keep interest rates unchanged.

Share prices rose anew after Wall Street benchmarks swept higher, extending their longest rally in a year and a half.

The MSCI All-World index was up 0.2%, around its highest since mid-April 2022

The Bank of Canada (BoC) surprised markets on Wednesday by hiking its overnight rate to a 22-year high of 4.75%, with traders expecting another increase next month to ratchet down an overheating economy and stubbornly high inflation. The BoC had been on hold since January to assess the impact of previous hikes.

Asian shares slid on Thursday after a surprise interest rate hike by Bank of Canada brought back fears that U.S. rates could stay higher for longer and the Federal Reserve could remain hawkish when it meets next week.

SINGAPORE: Asian shares slipped on Thursday after a surprise interest rate hike by Bank of Canada revived worries...

SINGAPORE : The U.S. dollar was clinging close to a more than one week peak on Friday as a slew of data overnight pointed to a slowing U.S. economy, with investors betting that the Federal Reserve will further pause its interest rate increases.The dollar index, which measures the U.S. currency against six

Wall Street stocks pushed higher on Thursday despite data that showed US economic growth is slowing, which raised fresh questions about interest rates and a possible recession.

Investors are increasingly seeking insurance against a sudden crash in stocks, fearing that more tumult is in store for markets after worries over the banking system shook asset prices over the last week.Various measures of perceived tail risk -...