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The euro and yuan slide against the dollar, while sterling loses one percent to hit a 19-month low at $1.2705
Published 25 Apr, 2022 09:46pm
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Investors widely expect the Fed to announce the first rate increase since 2018
Published 13 Mar, 2022 11:30pm
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Tight global supplies and geopolitical tensions in Eastern Europe and the Middle East boost oil prices by about 15%
Published 02 Feb, 2022 07:15pm
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Fed officials are now faced with the problem of having to adjust monetary policy to rein in prices
Published 10 Jan, 2022 10:17pm
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The dollar holds steady as traders digest the Fed news, while oil prices continue to climb
Published 06 Jan, 2022 11:36pm
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Analysts say Omicron is going to be a nuisance but not a dire strait for the global economy
Published 27 Dec, 2021 09:38pm
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Gold prices eased on a firmer dollar and rising Treasury yields, but losses were limited by expectations that...
Published 06 Dec, 2021 11:07pm
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Europe's main equity indices finished higher after gains in Asia's major markets.
Published 11 Nov, 2021 10:44pm
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While the results have not been universally good, most companies have outperformed and...
Published 26 Oct, 2021 08:21pm
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Investors have been pleased with most of the reports so far, which have confirmed worries about...
Published 25 Oct, 2021 07:24pm
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US stocks advanced early Tuesday, extending a positive stretch following generally solid earnings as...
Published 19 Oct, 2021 08:38pm
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US senators neared agreement in the small hours of Thursday to stave off a catastrophic credit default after...
Published 07 Oct, 2021 10:52pm
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Analysts said US markets were initially cheered by news that pharmaceutical giant Merck would seek authorisation in...
Published 01 Oct, 2021 07:52pm
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The lack of progress in Washington on a deal has raised the possibility of a default on US government debt, while...
Published 29 Sep, 2021 11:10pm
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Investors have been buoyed by signs the Chinese government will contain any fallout from Evergrande's debt crisis after...
Published 23 Sep, 2021 10:08pm
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On foreign exchange, the euro briefly rose against the dollar and British pound following a report in...
Published 17 Sep, 2021 07:13pm
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Wall Street had made solid gains on Wednesday, but at the opening bell on Thursday both...
Published 16 Sep, 2021 07:17pm
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Oil prices eased, after spiking the previous day on news of shrinking US crude stockpiles as storms h...
Published 16 Sep, 2021 04:42pm
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Wall Street rebounded from losses while European stock markets rose after a quiet day as Powell...
Published 27 Aug, 2021 10:47pm
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Worries over slowing growth in China and other major economies have hit prices for...
Published 22 Aug, 2021 11:38pm
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The trove of data included weaker-than-expected July retail sales but better Wal...
Published 17 Aug, 2021 10:50pm
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US jobless claims fell by 12,000 last week to 375,000 seasonally adjusted, the third...
Published 12 Aug, 2021 07:10pm
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Equities have had a largely positive week after a recent run of pressure caused by the...
Published 11 Aug, 2021 08:21pm
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Key reports this week include an inflation read from the consumer price index on Wednesday, as well as...
Published 09 Aug, 2021 10:43pm
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US stocks were up at midday as data indicating an improving labour market and supply chain...
Published 05 Aug, 2021 11:10pm
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Much of the increase was due to a 10.5 percent gain in used car prices, though gasoline...
Published 13 Jul, 2021 07:31pm
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Both the S&P 500 and Nasdaq Composite surged into record territory at the...
Published 02 Jul, 2021 10:21pm
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The price of New York crude oil spiked above $75 for the first time since late...
Updated 01 Jul, 2021 07:55pm
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NEW YORK: European and US stocks mostly rose Monday on optimism over increasing economic momentum, but fell in Asia...
Published 04 May, 2021 11:36am