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

Latest From Chibuike Oguh and Stefano Rebaudo

Economy|Finance|News|Stock Markets

Dollar slips in choppy trading as traders grapple with Fed's giant rate cut

The U.S. dollar slipped in choppy trading on Wednesday as markets grappled

September 18, 2024
Dollar slips in choppy trading as traders grapple with Fed's giant rate cut
Asia|Business|Economy|Finance

Stocks end nearly flat, dollar firms before Fed rate decision

U.S. stock markets ended nearly flat after hitting record highs on Tuesday and the dollar stood firm as strong economic data allayed slowdown fears and investors

September 17, 2024
Stocks end nearly flat, dollar firms before Fed rate decision
Asia|Economy|Stock Markets

S&P 500, Nasdaq rise, crude slides as CPI awaits

The S&P 500 and the Nasdaq gained ground while Brent crude prices hit a 3-1/2-year low on Tuesday amid concerns over softening global demand a day ahead of key

September 10, 2024
S&P 500, Nasdaq rise, crude slides as CPI awaits
Business|Economy|Finance

US dollar perks up as traders reduce bets on larger Fed rate cut

The dollar snapped back against the yen and other major currencies on Monday after losses last week, as investors looked ahead to key U.S. inflation

September 09, 2024
US dollar perks up as traders reduce bets on larger Fed rate cut
Economy|Finance

Dollar eases ahead of US payrolls test

The U.S. dollar eased against most major currencies on Thursday in choppy trading as investors braced for Friday's U.S. payrolls report,

September 04, 2024
Dollar eases ahead of US payrolls test
Asia|Business|Finance|Stock Markets

Stocks fall with safe haven assets in demand, growth concerns in focus

MSCI's global equities gauge fell for a third day in a row and oil prices lost ground on Wednesday, while safe-haven assets such as U.S.

September 03, 2024
Stocks fall with safe haven assets in demand, growth concerns in focus
Asia|Business|Finance

Stocks end turbulent month higher as US data sets stage for rate cut

Global stocks edged higher in choppy trading on Friday, making it the fourth consecutive month of gains despite a bout of heavy selling in

August 30, 2024
Stocks end turbulent month higher as US data sets stage for rate cut
Business|Economy|Finance

US dollar gains for 2nd day after GDP backs smaller Fed cut

The U.S. dollar rose for a second straight session on Thursday after data showed the world's largest economy grew a little faster than expected in the

August 29, 2024
US dollar gains for 2nd day after GDP backs smaller Fed cut
Economy|MidEast

US dollar retreats, sterling hits more than two-year high

Sterling climbed to its highest against the U.S. dollar in more than two years on Tuesday, while the greenback dropped to a more than one-year low

August 27, 2024
US dollar retreats, sterling hits more than two-year high
Asia|Business|Finance|Stock Markets

Shares flirt with highs on rate cut bets, US dollar drops

Global stocks hovered near their highest in a month on Tuesday, while the dollar hit an eight-month low, as investors focused on bets that

August 20, 2024
Shares flirt with highs on rate cut bets, US dollar drops
Business|Finance

Dollar hits 7-month low, yen gains as traders wait on Jackson Hole

The dollar fell to a seven-month low and the Japanese yen hit a more than one-week high as traders awaited comments from Federal Reserve Chair Jerome Powell this

August 19, 2024
Dollar hits 7-month low, yen gains as traders wait on Jackson Hole
Asia|Finance|Stock Markets

World stocks extend week-long rebound after slew of US data

Global shares pushed higher on Friday, adding to weekly gains, after encouraging U.S. economic data helped soothe fears of a recession in the

August 16, 2024
World stocks extend week-long rebound after slew of US data
Asia|Business|Economy

Global stocks plunge, bond prices rally as US data spooks

Surprisingly weak U.S. employment data on Friday stoked fears of a recession ahead, prompting investors to dump stocks and turn to safe-

August 02, 2024
Global stocks plunge, bond prices rally as US data spooks
Economy|Finance

Dollar falls as Fed signals likely September rate cut

The dollar added to losses on Wednesday after the Federal Reserve held interest rates steady but opened the door to reducing borrowing costs as soon as its next

July 30, 2024
Dollar falls as Fed signals likely September rate cut
Asia|Economy|Finance

Yen drifts lower from 2-1/2-month peak vs dollar as markets stabilize

The yen edged lower from a 2-1/2-month high against the U.S. dollar on Thursday, as financial markets stabilized, with investors looking ahead to next

July 25, 2024
Yen drifts lower from 2-1/2-month peak vs dollar as markets stabilize
Economy|Finance

Yen advances for 2nd day ahead of BOJ meeting next week; dollar firmer

The yen rose for a second straight session against the dollar on Tuesday, boosted by comments from a senior Japanese politician about normalizing

July 23, 2024
Yen advances for 2nd day ahead of BOJ meeting next week; dollar firmer
Asia|Economy

Stocks fall as global cyber outage weighs; dollar, yields rise

World stock indexes fell on Friday as a global cyber outage rattled investors by disrupting operations across multiple industries, while

July 19, 2024
Stocks fall as global cyber outage weighs; dollar, yields rise
Economy

Yen jumps on suspected intervention, sterling hits one-year high

The yen rose sharply on Wednesday

July 17, 2024
Yen jumps on suspected intervention, sterling hits one-year high
News|Political

Dollar lower after Powell, crypto climbs as investors eye Trump win

The dollar fell slightly on Monday after comments from Federal Reserve Chair Jerome Powell, while cryptocurrencies rose on bets that an assassination attempt

July 14, 2024
Dollar lower after Powell, crypto climbs as investors eye Trump win
Economy

Dollar falls vs. yen, global stock index up, with focus on rate cuts

The dollar fell sharply against the yen for the second straight day, raising questions as to whether Japan was intervening, while a global

July 12, 2024
Dollar falls vs. yen, global stock index up, with focus on rate cuts
Economy

Dollar drops, yen surges as consumer prices fall in June

The dollar dropped on Thursday after data showed headline consumer prices unexpectedly fell in June, while a sharp gain in the Japanese yen sparked speculation of a

July 11, 2024
Dollar drops, yen surges as consumer prices fall in June
Economy

US dollar climbs to new 38-year peak vs yen; euro rises after French elections

The U.S. dollar surged to a fresh 38-year peak against the yen on Monday, as Treasury yields on the long end rose sharply, keeping investors on

June 30, 2024
US dollar climbs to new 38-year peak vs yen; euro rises after French elections
Business|Economy

Stocks dip as investors digest inflation data; bond yields up

Global stock indexes edged lower on Friday, reversing early gains as investors absorbed data that showed U.S. inflation was flat in May but in line with

June 28, 2024
Stocks dip as investors digest inflation data; bond yields up
Economy

US dollar eases after soft economic data; yen inches higher

The U.S. dollar drifted lower against most currencies on Thursday, pressured by softening data in the world's largest economy that backs expectations

June 26, 2024
US dollar eases after soft economic data; yen inches higher
Economy

US dollar advances after hawkish Fed comment, economic data

The U.S. dollar rose on Tuesday, bolstered by hawkish comments from Federal Reserve officials as well as data showing a stable housing market in the

June 24, 2024
US dollar advances after hawkish Fed comment, economic data

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