Today: September 21, 2024
Today: September 21, 2024

Latest From Isla Binnie

Asia|Economy|Finance|Stock Markets

Wall Street droops, dollar edges back after bumper Fed cut

Major stock indexes closed with modest losses and the dollar gained ground in choppy trading on Wednesday after the U.S.

Wall Street droops, dollar edges back after bumper Fed cut
Business|Economy|Finance

Prospect of steeper Fed cuts boosts stocks, drives record gold prices

U.S. stocks advanced on Friday and gold continued to hit record highs as investors looked to whether the Federal Reserve might move more aggressively to cut rates at its

Prospect of steeper Fed cuts boosts stocks, drives record gold prices
Business|Economy|Finance

Euro gains after ECB rate cut as Lagarde pushes back on October ease

The euro rose against the dollar on Thursday after the European Central Bank lowered interest rates and ECB president Christine

Euro gains after ECB rate cut as Lagarde pushes back on October ease
Election

US dollar mixed after inflation report supports smaller Fed rate cut

The U.S. dollar was mixed overall on Wednesday in choppy trading after data showed underlying inflation in the world's largest economy

US dollar mixed after inflation report supports smaller Fed rate cut
Business|Economy|Finance

Dollar rises after August US payrolls report paints mixed picture

The dollar rose in volatile trading on Friday after data showed U.S. employment grew less than expected in August, but indicated only a steady slowdown in the

Dollar rises after August US payrolls report paints mixed picture
Business|Economy|Finance

Dollar eases as US job openings fall; safe-haven bid lifts yen

The dollar slipped against most major currencies on Wednesday after July U.S. job openings data signaled a softening labor market, tilting the odds further in

Dollar eases as US job openings fall; safe-haven bid lifts yen
Economy|Finance

Dollar eases after hitting highest in two weeks, US job data looms

The dollar edged down on Monday but remained within striking distance of its highest level in almost two weeks as investors' focus moved to a U.S. jobs report due at the

Dollar eases after hitting highest in two weeks, US job data looms
Business|Economy|Finance

US dollar rises broadly as inflation data underpins smaller Fed cut

The U.S. dollar gained on Friday after data showed a key inflation measure came in line with forecasts, while personal spending and income increased,

US dollar rises broadly as inflation data underpins smaller Fed cut
Business|Economy|Finance

Safe-haven yen, US dollar rally on escalating Middle East tension

The U.S. dollar rallied from an eight-month low on Monday, while the yen rose against most currencies, as geopolitical tension in the Middle East

Safe-haven yen, US dollar rally on escalating Middle East tension
Economy|Finance|News

Dollar rebounds against euro before Powell speech

The dollar rebounded from a 13-month low against the euro on Thursday before Federal Reserve Chair Jerome Powell is due to speak on Friday and as the greenback’s

Dollar rebounds against euro before Powell speech
Economy|Finance

Dollar drops as jobs revised lower, some Fed officials wanted July cut

The dollar fell to a more than one-year low against the euro and sterling on Wednesday after data showed employers added 818,000 fewer jobs in the year to March than

Dollar drops as jobs revised lower, some Fed officials wanted July cut
Asia|Business|Finance|Stock Markets

Japan's Nikkei seen hitting all-time high by end-2025 - Reuters poll

Japan's Nikkei 225 share average will extend its recovery from the worst sell-off in 37 years during the rest of 2024 before pushing to an all-time high by the end

Japan's Nikkei seen hitting all-time high by end-2025 - Reuters poll
Economy|Finance

Dollar softens, yen set for weekly fall as US recession worries fade

The dollar fell against the yen on Friday, and was softer against other peers as traders took profits and investors sifted through economic data to gauge the

Dollar softens, yen set for weekly fall as US recession worries fade
Business|Economy|Finance

Dollar dips as yen heads for first weekly drop in six

The dollar was off a one-week high against other major currencies on Friday, capping off a turbulent few days as traders digested a drop in U.S. jobless claims and

Asia|Business|Economy|Finance|Stock Markets|Technology

Global stock index rises with dollar, yields as data calms nerves

A closely followed global equities index jumped more than 1% on Thursday after lower-than-expected weekly U.S. unemployment claims calmed

Global stock index rises with dollar, yields as data calms nerves
Business|Economy|Finance

Dollar hits four-month low as weak US jobs data boosts rate cut bets

The U.S. dollar dropped to a four-month low on Friday after a weaker-than-expected employment report for July raised expectations that the Federal Reserve will

Dollar hits four-month low as weak US jobs data boosts rate cut bets
Economy|Finance

Japan spent $36.8 billion in July intervention, official data shows

Japanese authorities spent 5.53 trillion yen ($36.8 billion)intervening in the foreign exchange market this month to pull the yen off 38-year lows, official data

Japan spent $36.8 billion in July intervention, official data shows
Economy|Finance

Dollar trades sideways as markets wait for central bank, economic news

The dollar held steady on Monday as traders braced for an avalanche of market events featuring midweek policy

Dollar trades sideways as markets wait for central bank, economic news
Asia|Economy|Finance

US inflation data lifts global stocks, lowers Treasury yields

A gauge of global stocks climbed for the first time in four sessions on Friday as equities steadied after a sharp selloff and U.S. economic data showed an

US inflation data lifts global stocks, lowers Treasury yields
Economy|Finance

US dollar rises slightly after Biden ends presidential campaign

The U.S. dollar was slightly higher on Monday in quiet trading overall, as investors digested U.S.

US dollar rises slightly after Biden ends presidential campaign
Economy|News

Dollar dips as Powell remains cautious before CPI data

The dollar dipped on Wednesday after Federal Reserve Chair Jerome Powell indicated that the U.S. central bank is getting closer to cutting interest rates but wants to see

Dollar dips as Powell remains cautious before CPI data
Business|Economy

Dollar gains as Fed's Powell cautious on rate cuts

The dollar gained on Tuesday after Federal Reserve Chair Jerome Powell acknowledged progress in inflation and a cooling job market, but did not give a clear signal that

Dollar gains as Fed's Powell cautious on rate cuts
Business

Tech pulls down Asia stocks, dollar gains on inflation data

Asian stocks slumped on Friday, tracking tech-led declines on Wall Street overnight after hotter-than-forecast U.S. inflation knocked back bets for how soon and

Tech pulls down Asia stocks, dollar gains on inflation data
Economy

Yen drops to 38-year low, US dollar slumps after weak data

The yen sank to a 38-year low against the U.S. dollar and a record trough versus the euro on Wednesday, as the Japanese unit continued its downward

Yen drops to 38-year low, US dollar slumps after weak data
Economy|News|Political

Euro slips, but off lows as France faces hung parliament

The euro slipped on Monday, but came off of overnight lows against the dollar after France's election pointed to a hung parliament.

Euro slips, but off lows as France faces hung parliament

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