Tag: usd
Europe in good spirits after hints of tariff retreat
A look at the day ahead in European and global markets from Vidya Ranganathan
It's too soon to say...
Oil prices rise as US vows to keep attacking Houthis
Oil prices traded higher on Monday after the United States vowed to keep attacking Yemen's Houthis until the Iran-aligned group ends its...
Stocks gain after mild US inflation; yields buoyed by trade tensions
Summary
Beaten-down tech shares lead rebound in U.S. and Asia
Stocks slump with bond yields as Trump pushes ahead with tariffs
Stocks slumped and bond yields slid on Tuesday in Asia as investors braced for an imminent escalation in a global trade war...
Gold gains on weaker dollar, Ukraine peace deal uncertainty
Gold prices rose on Monday, helped by a weaker dollar, while a delay in finding peace in Ukraine and concerns over the...
Singapore hedge fund Asia Genesis shuts after ‘big mistake’ on China...
SINGAPORE hedge fund Asia Genesis Asset Management is closing its macro fund after suffering an “unprecedented drawdown” following China’s stock market rout...
Retail sales fall at sharpest rate since Covid
Retail sales fell by 3.2% in December in the sharpest drop since the UK was in a Covid lockdown.
Mortgage rates drop to 7-month low
The average on a 30-year loan stands at 6.60%, down from a peak of nearly 8% in October.
Mortgage...
Citigroup starts layoff talks after management overhaul
As Citigroup embarks on a sweeping reorganization, support staff in compliance and risk management are among the most likely to lose their jobs, according...
Dollar Set for Longest Rally in Years With US Defying Global Gloom
The US dollar extended its gains, sending the currency toward its longest rally in years as the strength of the economy fuels...