Home Tags Currencies

Tag: Currencies

World stocks are rallying after a trio of central banks cut rates and China calmed investors’ nerves

"One common factor that all investors seem to agree upon is the expectation of lower interest rates going forward."

The Fed’s decision to hold rates takes a big concern off the table for overlooked markets outside the US

Last year, rate hikes were a big concern for EM. "We've obviously taken that risk squarely off the table," Rashmi Gupta of JPMorgan Chase Bank.

‘What’s there to spy in Malaysia?’ Mahathir asks, adding the country will use Huawei’s tech ‘as much as possible’

"If any country wants to invade Malaysia, they can walk through and we will not resist because it's a waste of time,"

Traders are piling into bitcoin as a haven against volatile markets. This researcher warns they could get burned.

Bitcoin is vulnerable to volatility expectations, short-term interest rates, and other risks to conventional investments, a new study finds.

Singapore mobile wallet startup YouTrip just sealed S$34.9 million in pre-Series A funding – the largest of its kind in Southeast Asia

The record-breaking round of investment came within less than a year of the startup's founding.
A trader works on the floor of the New York Stock Exchange moments before the closing bell on June 1, 2009 in New York City. Despite the news of General Motors Corp.�s bankruptcy filing, the Dow closed up over 200 points following positive economic news for U.S. manufacturing, consumer and construction spending.

Stocks snap their 3-day winning streak as attention turns to the Trump-Xi meeting

Stocks fell Thursday as Wall Street mulled over an expected meeting between President Donald Trump and Chinese leader Xi Jinping.
Traders work on the floor of the New York Stock Exchange shortly after the opening bell in New York

The Dow jumps more than 250 points after Democrats take House, Republicans strengthen Senate majority

Stocks rose Wednesday following midterm elections that shifted the balance of power in Washington.
Traders work on the floor of the NYSE in New York

Stocks mixed after jobs report shows wages are rising at the fastest pace in nearly a decade

Stocks rose Friday as the prospect of cooling trade tensions buoyed the mood on Wall Street  following the latest signs of a tightening labor market.
Specialist trader Chris Malloy (C) gives a price to traders on the floor of the New York Stock Exchange, October 18, 2013.

The Dow jumps nearly 300 points as it fights to avoid its biggest monthly drop since the financial crisis

Stocks rose Wednesday as Wall Street made an eleventh-hour attempt to recover from its worst month since the financial crisis.

The Chinese yuan hits its weakest level since the financial crisis as trade tensions ramp up

China’s central bank eased the Chinese yuan to its weakest level against the dollar in more than a decade on Tuesday.