Stocks Churn as Traders Waver on US Rates Outlook: Markets Wrap – Yahoo Finance
(Bloomberg) — Stocks hovered below this week’s record levels as bets on the Federal Reserve’s policy easing prompted investors to exit riskier assets. Most Read Articles on Bloomberg U.S. futures contracts were little changed after European benchmark indexes fell after Wall Street pulled back from the previous session’s all-time highs. The dollar price rose slightly, […]
Forexlive Americas FX news wrap 9 May: USD reverses to the downside after weaker claims – ForexLive
The North American session was initially highlighted by the number of new weekly unemployment claims. Estimates were 231,000 to 215,000, beating expectations. This was the highest level since November 2023. It’s only been a week, and the spikes tend to be somewhat seasonal. Easter was early this year, so that may have had an effect. […]
ForexLive Asia-Pacific FX news wrap: USD/JPY back above 155.00 – ForexLive
Numerous comments from both Japan’s Finance Minister Suzuki and Bank of Japan Governor Ueda appeared on the News Telegraph this morning in Tokyo, but neither could significantly support the yen. The counterfactual is that without them the Japanese Yen would have fallen faster, but here in the real world, the currency has fallen again regardless. […]
ForexLive Asia-Pacific FX news wrap: Kanda ignites USD/JPY jump – ForexLive
Japan’s Treasury Vice-Minister Kanda said he had nothing to say about U.S. Treasury Secretary Janet Yellen’s weekend comments on foreign exchange. If you missed Yellen’s comments, please refer to the Kanda link above. However, in a nutshell, she only expressed her mild support for Japanese intervention. As a result, Japan appears to be acting alone […]
ForexLive Asia-Pacific FX news wrap: USD/JPY jumps 100 pts – ForexLive
Monday’s Federal Open Market Committee (FOMC) speakers include New York Fed’s Williams ECB President Rehn says confidence in falling inflation is improving China’s services PMI expansion slowed slightly in April but remains strong – Summary OECD says Reserve Bank of New Zealand has limited room to cut interest rates this year Australia’s Treasurer Chalmers says […]
Asian Stocks Eye Positive Start as China Returns: Markets Wrap – Yahoo Finance
(Bloomberg) — Asian stock markets are firm as China returns from a three-day holiday and Friday’s weaker-than-expected U.S. jobs report rekindles expectations that the U.S. Federal Reserve will cut interest rates this year. We are paying attention to the approach. Most Read Articles on Bloomberg U.S. stock futures rose modestly in early trading after the […]
Tech Lifts Stocks as Apple Jumps in Late Hours: Markets Wrap – Yahoo Finance
(Bloomberg) — The world’s biggest technology companies pushed their stocks higher as traders braced for Friday’s jobs report. Bonds rose, but the dollar fell the most in 2024. Most Read Articles on Bloomberg Late in the day, the company announced that sales in the previous quarter did not fall as sharply as feared, supported by […]
Stocks Gain as Focus Turns to Fed, Yen Rebounds: Markets Wrap – Yahoo Finance
(Bloomberg) — Stocks rose as earnings optimism offset concerns about long-term interest rates remaining high. The yen fell to its lowest level in 34 years before rebounding. Most Read Articles on Bloomberg Europe’s Stoxx 600 index rose 0.4%, while shares in Royal Philips NV, which reached a lower-than-expected compensation settlement in the U.S., rose 37%. […]
European Stocks Gain as Tech Rallies; Yen Slumps: Markets Wrap (Bloomberg) – Yahoo Finance
(Bloomberg) — European stocks rose along with U.S. stock futures on blockbuster earnings from Microsoft and Alphabet. The yen fell to its lowest level in 34 years after the Bank of Japan left its key interest rates unchanged. Most Read Articles on Bloomberg The Stoxx Europe 600 rose 0.5%, heading for its first weekly gain […]
Asia Stocks Set to Fall as Meta Drags on Big Tech: Markets Wrap (Bloomberg) – Yahoo Finance
(Bloomberg) — Asian stock markets fell after disappointing forecasts from Meta Platforms, raising concerns that the industry that has driven the bull market in stocks has gone too far. Most Read Articles on Bloomberg Stock indexes in Japan and South Korea fell, and futures in Hong Kong also fell. Australian financial markets are closed for […]