Fed

By Brigid Riley (Reuters) - The dollar held near its lowest in more than a year against a basket of currencies on Wednesday, while sterling traded near multi-year highs, as markets focused on signs of the size of a widely expected U.S.…

Dallas Fed Services Sector Expectations IndexPrevious was -0.1Revenue Index +8.7 vs. +7.7 previouslyEmployment +0.6 vs. -0.2 previouslyCompany forecast -3.1 vs. +1.0 previously6-month index +12.4 vs. +20.5 previouslyComments in the…

(Bloomberg) -- Chinese companies may be tempted to sell a $1 trillion pile of dollar-denominated assets as the U.S. cuts interest rates, a move that could boost the yuan by as much as 10%, according to Stephen Jin.Most Read from…

High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss.…

Chachamal Asia-Pacific stock markets were mixed on Monday, following a rally on Wall Street on Friday after US Federal Reserve Chairman Jerome Powell's speech in Jackson Hole suggested the Fed could start cutting interest rates in…

Breadcrumbs Path LinksPMN BusinessBefore the trading day begins, we provide you with a summary of the major news and events that are likely to move the markets. Today we take a look at:Article author:Bloomberg NewsChiranjeevi Chakraborty…

Bitcoin price saw an early rally over the weekend following Federal Reserve Chairman Jerome Powell’s speech at the Jackson Hole Symposium. According to the latest on-chain note, the announcement of potential interest rate cuts has…

The Standard & Poor's 500 Index (SP500) rose 1.44% on Friday for the week to close at 5,634.61 points, gaining in three of the last five sessions. The accompanying SPDR S&P 500 ETF Trust (New York: Spy) rose by 1.41% during the…

Mohamed El-Erian said traders are overestimating the chances of the US Federal Reserve making sharp interest rate cuts before the end of the year. “It’s problematic in my mind that the market is pricing in a lot of price cuts right…

Written by Nimesh Vora MUMBAI (Reuters) - The Indian rupee fell slightly on Thursday as a rally in peer Asian currencies paused, while futures premiums rose after Federal Reserve minutes and downward revisions to U.S. payrolls pushed it…