Oil Up 2% On Ida-Pressured U.S. Crude Draw
Calmer World Markets Outweigh Hawkish Fed, Send Dollar Lower
DXY Is Higher: What The Fed Planning Today?
Below The Dollar Edge Fed Meeting; The Yuan Is Weak
Gold Down, But Moves Small Ahead Of Fed Policy Decision
Dented By Jobs Miss, Dollar Teeters Ahead Of CPI
The U.S. dollar began the week under gentle pressure, after a second consecutive month of softer-than-expected U.S. jobs data reversed its recent attempts.
8 June 2021 01:46 AM
Dollar Up, China Services Sector Grows At Slower Pace In May
The dollar was up on Thursday morning in Asia as investors digested China’s Caixin services data, while awaiting key US economic data for clues on the economic.
3 June 2021 03:54 PM
Climate Strike Against Fossil Fuels & Oil May Lead To Hike
What could happen by next few years? Over the past years big oils reserves has been reduced and west countries are looking for zero emission
3 June 2021 04:27 AM
Asia Shares Look To Rally For Third Week, Focus On U.S. Jobs
Asian shares edged higher on Monday, looking to extend their recent rally to a third week should U.S. jobs figures show the expected revival in hiring in May.
31 May 2021 01:14 AM
Wall St Opens Higher Ahead Of Key U.S. Business Surveys
Wall Street's main indexes opened higher on Friday, extending a recovery from the previous session, as attention shifted to business...
21 May 2021 03:53 PM
Ahead Of Jobs Miss, Some Fed Officials Edged Towards 'taper' Debate
A "number" of Fed officials appeared ready to consider changes to monetary policy based on a continued strong economic recovery, according to minutes..
20 May 2021 02:47 AM
Wall Street Falls For Third Day On Inflation Jitters, Crypto Plunge
Wall Street's main indexes fell for the third straight session on Wednesday, as a steep fall in cryptocurrencies and fears over inflation
19 May 2021 05:32 PM
Job Fears, Price Spikes Mean Heartburn For Biden White House As Economy Revs Up
The Biden administration, workers, labor advocates and some economists have argued firms should raise wages if they’re having trouble hiring...
16 May 2021 06:07 PM
U.S. Retail Sales Pause, Record Savings Seen Supporting Spending
U.S. retail sales unexpectedly stalled in April as the boost from stimulus checks faded, but an acceleration is likely in the coming months amid record..
16 May 2021 06:12 PM
D Wobbles After Industrial Miss As Traders Look To Payrolls
The dollar nursed losses on Tuesday after an unexpected slowdown in U.S. manufacturing growth prompted investors to trim bets that.
4 May 2021 02:28 AM
Asian Shares Mixed As Earnings Fail To Inspire Before Fed
A shares were mixed on Wednesday as already high valuations discouraged investors from buying equities ahead of a closely-watched U.S. Federal Reserve meeting.
28 April 2021 03:22 AM
Dollar At Three-week Low As Fed's Dovish Message Sinks In
The dollar nursed losses on Thursday, holding near a three-week low against a basket of currencies as U.S. bond yields pulled back from last month's surge.
15 April 2021 02:12 AM
Dollar Bounces Higher As Traders Brace For Inflation Data
The dollar gained ground on Monday after last week's drop as traders assessed the outlook for Treasury yields, while awaiting crucial U.S. inflation.
12 April 2021 08:48 AM
Italy's Virus-hit Economy Is Expected To Grow 4.1% This Year
Italy's virus-hit economy is expected to grow 4.1% this year and 4.2% in 2022 in an "uncertain ascent from the abyss", the country's business lobby.
10 April 2021 12:59 PM
U.S. Producer Prices Increased More Than Expected In March
U.S. producer prices increased more than expected in March, resulting in the largest annual gain in 9-1/2 years and likely marking the start of higher inflatio
10 April 2021 02:45 AM
Hedge Fund Melvin Capital Lost 49% On Its Investments In Q1
Melvin Capital, the hedge fund at the center of the GameStop (NYSE:GME) trading frenzy, lost 49% on its investments during the first three months of 2021.
10 April 2021 12:56 AM
Dollar Heads For Third Weekly Gain As Payrolls Data Looms
The dollar steadied on Friday ahead of data from the United States that is expected to show an increase in job creation and a lower unemployment rate for March.
2 April 2021 12:47 PM
Futures Rise Ahead Of March Business Surveys; Intel Shines
Stock index futures rose on Wednesday as Intel's shares surged on plans to expand advanced chip making capacity
24 March 2021 01:02 PM
CPI, Bond Sales, Roblox IPO And Oracle - What's Up In Market
The Treasury auctions $38 billion of 10-year bonds a couple of hours after February's U.S. inflation data. Roblox makes its debut on the stock exchange.
10 March 2021 12:21 PM
Rising Bond Yields, Dollar Slug Asian Shares, Yen
Asian stocks skidded on Friday as rising U.S. Treasury yields again rattled equity investors while hoisting the dollar to a three-month high
5 March 2021 09:41 AM
Dollar Firms After US Yield Spike; Yen Continues March Lower
The U.S. dollar held gains Thursday after rebounding overnight from three-year lows following a spike in U.S. bond yields.
26 February 2021 03:00 AM
Asian Shares Jump After Powell Nixes Rate Hike Fears
Asian stocks jumped on Thursday after U.S. Federal Reserve Chair Jerome Powell reaffirmed interest rates would stay low for a long time,
25 February 2021 04:52 AM
UK's Sunak To Raise Business Tax To Pay For COVID-19 Support: The Sunday Times
British finance minister Rishi Sunak is set to increase a tax on business to pay for an extension to COVID-19 support schemes in the budget
21 February 2021 07:46 AM
Dollar Edges Higher; Recovering After Payrolls Hit
The dollar edged higher in early European trading Monday, recovering some of its losses after Friday’s disappointing .
9 February 2021 01:42 AM
Asian Shares, Oil Buoyant On Economic Revival Hopes
Asian shares hovered near record highs on Monday while oil edged closer to $60 a barrel on hopes a $1.9 trillion COVID-19 aid package.
8 February 2021 04:29 AM
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