Japan intervened in the foreign exchange market on Friday to buy yen for the second time in a month after the currency hit a 32-year low near 152 to the dollar. The next question is: Central banks’...
Stocks slumped most of last week. Then, they unexpectedly surged Thursday, only to tumble again Friday. What happened? It could be another bear rally.
The robust September US jobs report significantly bolsters the case for a fourth consecutive 75-basis-point hike at the November FOMC meeting. The labour market remains tight, and the supply of...
September has historically been a seasonally weak month for stocks, and the market’s performance over the past month has burnished that reputation.
Sterling crashes on mounting fiscal concerns, printing a record-low 1.035 against the dollar before recovering to around 1.050-handle.
August’s inflation reports disappointed investors who were looking for signs price pressures are easing enough, to let the Federal Reserve dial back its rate hikes. But traders are still betting...
The read across from any US dollar weakness will be a key input into global risk assets in the week ahead. Whether it is a correction within an ongoing mega-bull trend for the greenback or the start...
Payrolls advanced 315,000 in August, more than what analysts expected, but it reflects a slowdown from a scorching July. Manufacturing came in stronger than expected at 22,000, and the prior month...
Federal Reserve Chair, Jerome Powell, issued a fresh warning to investors doubting his resolve to fight inflation: interest rates are heading higher and will stay there for some time.
US equity futures extended losses as the week of the Jackson Hole Symposium began, and the 10-year Treasury yields and the Dollar Index are running near four-week highs. This sends one message: The...
