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CNBC Power Lunch December 4, 2017 - Vimarsana News

CNBC Power Lunch December 4, 2017

Lunch begins right now welcome to power lunch. Im Michelle Carusocabrera. The dow hitting record highs again, pushing closer to 25,000, just days after crossing 24,000. The s p 500, the russell small caps also hitting record highs but in the category of things that make you go hmm the nasdaq struggling again today because of a tech slump. Nvidia, micron, amd among the biggest declines check out what else is moving at this hour. General cable is soaring more than 30 the industrial wiring cable maker getting a 3 billion takeover from an italian rival facebook is down about 1 . One of the stocks ...

Could Monday's Intervention Turn the Tide for Yen? - Vimarsana News

Could Monday's Intervention Turn the Tide for Yen?

Japan has a long history of market interventions, to weaken or prop up its currency. Several times since the 1990s, Japan, unilaterally or with help from its main trading partners, tried to turn the tide for the yen. A quick look at the most recent market interventions, including yen’s post-intervention performance, could offer valuable insight to what can be expected in the short-term for the yen after Monday’s activity. 

Could BoE Maintain Its Hawkish Stance? - Vimarsana News

Could BoE Maintain Its Hawkish Stance?

The Bank of England holds its first gathering for 2024 on Thursday at 12:00 GMT, a day after the respective Fed meeting. The same setup in December 2023 proved favourable for the pound as during the December 13-15 sessions it managed to record a quick 2.5% rally against the dollar. The main reason was the divergent rhetoric of the two central banks, with the market getting excited by the comments such as “the decision to hike or to hold was again finely balanced” appearing in the December BoE statement.

Japanese Yen oscillates in a range against USD, looks to US PCE data for fresh impetus - Vimarsana News

Japanese Yen oscillates in a range against USD, looks to US PCE data for fresh impetus

The Japanese Yen (JPY) ticks lower against its American counterpart during the Asian session on Friday after data showed that consumer inflation in Japan's national capital decelerated sharply in January.

Modest equity pressure amid some Fed pushback, EGBs bid after soft German Ifo - Newsquawk US Market Open - Vimarsana News

Modest equity pressure amid some Fed pushback, EGBs bid after soft German Ifo - Newsquawk US Market Open

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