The US dollar index (Symbol: USDX) as expectations of an interest rate cut grows stronger as the spotlight shifted to economic data for more clues on the monetary policy path of the Federal Reserve.
The Taiwanese dollar fell to its lowest level since May 2016, trading at 32.786 per dollar before settling at 32.762, down 0.5%. This decline was driven by a sell-off in chip stocks and concerns over a possible isolationist shift in …
Japan’s Nikkei share average fell sharply on Thursday, driven by a global sell-off in chip-related stocks and a strengthening yen. See why the Nikkei (NI225) dropped 2% to 40,277.86 by the midday break, dipping earlier to 40,112.56, the lowest since …
Tech stocks tumbled, leading the Nasdaq Composite to drop 2% as easing inflation data spurred a sell-off. Tech giants lost over $600 billion valuation.
The yen experienced significant swings on Friday, reflecting investor nervousness after Tokyo likely intervened to support the Japanese currency following a cooler-than-expected U.S. inflation report. Learn what to expect for the Yen in coming weeks.
Nasdaq and S&P 500 soar to fresh records on optimism sparked by a cooling labor market. Upcoming CPI data and Powell’s speech could influence future rate cuts.
The US dollar weakens in the face of softer job growth and expectations of potential rate cuts. Upcoming testimony by Jerome Powell may provide deeper insights.
The Nikkei share average saw modest gains on Monday, tempered by profit-taking following last week’s record highs. Market sentiment remains cautious with key economic data on the horizon.
Key points Nikkei firms toward March top, S&P 500 futures steady. Markets, sterling calm as the UK heads to polls. Odds narrow on a September Fed cut after soft data. Asia stocks soared to a 27-month high on Thursday, driven …
Nasdaq composite reaches a record high driven by AI advancements. Markets focus on insights from the upcoming earnings season.
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