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Traders Pile on Strong Dollar Bets While Bond Yields March Higher

(Bloomberg) -- At Goldman Sachs, strategists say the yen may slump to the lowest against the dollar since 1990. Talk of parity is stalking the euro. And across Wall Street, speculators are again piling into bets on the US currency after being burned by its unexpected rise. Most Read from BloombergAlmost Anyone Can Become the House Speaker, Except Donald TrumpOnly an Equities Crash Can Rescue the Bond Market, Barclays SaysOzempic Is Making People Buy Less Food, Walmart SaysApple Considered, Rejec
United States Charu Chanana Bloomberg Businessweek Robert Fullem Goldman Sachs Jane Foley
Source: yahoo.com

Asian markets stutter as traders prepare for Fed decision

Asian markets started the week limply Monday following a sell-off on Wall Street, with focus turning to the Federal Reserve's keenly awaited key policy decision.The yen edged up slightly against the dollar but remains under pressure, though investors will be keeping a close watch on the Bank of Japan's own policy decision this week.
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Source: yahoo.com

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Markets drop as traders prepare for Fed decision | Borneo Bulletin Online

HONG KONG 2023 (AFP) – Stock markets started the week limply yesterday following a sell-off on Wall Street, with focus turning to the United States (US) Federal Reserve’s (Fed) keenly awaited key policy decision. Traders were a little more cautious after the healthy close to last week that was fuelled by another batch of positive […]
Hong Kong New Zealand General New Zealand France General City Of United Kingdom

Apple's shares slide after launch | Borneo Bulletin Online

NEW YORK (BLOOMBERG) – Apple’s shares dropped almost 2 per cent after unveiling its next generation of iPhones on Tuesday. The Nasdaq 100 underperformed, falling 1.1 per cent. Oracle sank the most since 2002 after a slowdown in cloud sales. US-traded BP shares slid as its chief resigned at a time when the company is […]
New York United States Lauren Goodwin Janney Montgomery Scott Tom Essaye Barclays Global Financial Services Conference

Asian Stocks Poised for Cautious Open; Oil Rallies: Markets Wrap

(Bloomberg) -- Asian equities were mixed before US inflation data for August that may give a better guide on the future path for Federal Reserve interest rates. Oil traded near a 10-month high amid strains in global supplies.Most Read from BloombergApple’s iPhone 15 Debut Includes Higher Price on Top ModelApple iPhone 15 Event Will Tout Enhanced Camera, Titanium FinishBP CEO Looney Quits Over Past Relationships With ColleaguesThe Mighty American Consumer Is About to Hit a Wall, Investors ...
New York United States United Kingdom Hong Kong Bloomberg Businessweek Chuck Schumer
Source: yahoo.com

Lira Rallies as Turkey Stuns With Biggest Rate Hike in Years

(Bloomberg) -- Turkey raised interest rates far more than investors expected, triggering a rally in the lira, in the latest sign that a new lineup of central bankers favors aggressive moves to curb inflation running near 50%.Most Read from BloombergWagner Chief Prigozhin Listed Aboard Crashed Jet, Reports SayHuawei Building Secret Network for Chips, Trade Group WarnsNvidia Nears Record High as AI Demand Fuels Blowout ForecastBRICS Bloc Grows Heft With Saudi Arabia and Other Mideast PowersMore Pe
New York United States City Of United Kingdom Selva Bahar Baziki Bloomberg Businessweek
Source: yahoo.com

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