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May 21, 2024
Pan-European Stoxx 600 index ended 0.2 per cent lower after hitting a one-week low earlier in the session
May 16, 2024
The currency carry trade involves investors moving money between countries to chase returns, and this can affect currency markets.
May 6, 2024
(Bloomberg) — Stocks headed toward their best three-day rally of 2024 in a rebound fueled by bets the Federal Reserve will cut rates this year. Oil pared gains after Hamas said it agreed to a cease-fire proposal by Qatar and Egypt. The S&P 500 topped its average price of the past 50 days — a…
April 26, 2024
Bloomberg and staff reporter The yen fell to a 34-year low, leaving traders nervous as to whether Tokyo will intervene while policy delibera...
April 24, 2024
The Asian nations currency depreciated as much as 0.2% to a session low of 155.17 on Wednesday, marking the first time since June 1990 the yen crossed the 155 level against the greenback. The yen pared the move and traded around 154.92 as of around 9:10 AM New York time.
April 23, 2024
Compared to the Japanese yen, the dollar has strengthened by almost 16% this year. Japan and South Korea aren’t happy about the currency gap.
April 22, 2024
(Bloomberg) — Asian markets were set for a muted open Monday as focus shifts to a slew of company earnings and economic data this week for insight into the direction of central bank policy. US equity futures climbed in early trading after the S&P 500 fell for a sixth straight session on Friday, weighed by…
April 22, 2024
(Bloomberg) — Asian stocks opened higher as focus shifted to a slew of company earnings and economic data this week for insight into the direction of central bank policy. Benchmarks in Japan, Australia and South Korea all rose more than 1% early Monday, partially recovering after last week’s slump. The dollar was slightly weaker as…
April 21, 2024
(Bloomberg) -- Asian stocks opened higher as focus shifted to a slew of company earnings and economic data this week for insight into the direction of central bank policy. Most Read from BloombergTikTok to Remove Executive Tasked With Fending Off US ClaimsElon Musk’s Robotaxi Dreams Plunge Tesla Into ChaosTesla Spends Weekend Cutting Prices of Cars and FSD SoftwareThe Fed’s Forecasting Method Looks Increasingly Outdated as Bernanke Pitches an AlternativeTrump Has Only $6.8 Million ...
February 13, 2024
(Bloomberg) — US equity futures slumped before the release of keenly awaited inflation data that could set the stage for the timing of the Federal Reserve move to interest-rate cuts. Treasuries rose. Contracts on the rate-sensitive Nasdaq 100 slid 0.6% while those on the S&P 500 fell 0.4%, extending Monday’s decline in the main US…