After more than ten years in authority, Thomas Jordan, the Swiss National Bank’s chairman, will retire three years ahead of …
Dollar Gains Momentum as Global Markets Await Crucial Economic Releases and U.S. Inflation Data
Ahead of a busy week full of important data announcements that may offer more hints about the outlook for interest …
Dollar Retreats as Producer Prices Surge, Fuelling Concerns Over Fed’s Interest Rate Stance
Concerns over the health of the US economy prompted the dollar’s slide on Friday, as expectations that the Federal Reserve …
Asian Shares Slide; Dollar and Treasury Yields Surge on Revised Fed Rate Cut Predictions
The dollar and Treasury rates increased on Wednesday as traders reduced their expectations for the rate reduction this year, both …
Global Equities Soar as S&P 500 Breaks 5,000 Points for the First Time Amid Inflation Data and Rising Treasury Yields
Friday saw a rise in global markets as carefully monitored U.S. Treasury rates rose and U.S. inflation data reinforced hopes …
Global Stocks Rise, U.S. Treasury Yields Ease Amidst Speculation Over Federal Reserve’s Potential Rate Cuts
Global stock indexes rose on Tuesday, but US Treasury yields fell as investors sought further clues about how soon the …
Dollar Maintains Stability Amidst Economic Analysis and Geopolitical Uncertainties
Ahead of this week’s Federal Reserve policy meeting, investors evaluated U.S. economic data, which helped to keep the dollar stable. …
Market Optimism Surges as Chinese Support Fuels Asian Share Rebound and Bank of Japan’s Hawkish Stance Boosts Yen
On Wednesday, Asian equities increased amid hopes that Chinese authorities will assist in their stock markets, which had crashed to …
Tech Surge Propels Asian Markets: AI Optimism Boosts Shares in Tokyo, Setting Tone for Packed Week of Economic Events
Monday saw Asian stocks follow Tokyo higher as the tech sector benefited from AI hype ahead of a busy week …
Stock Markets Open 2024 with Decline: Apple Downgrade and Rising Treasury Yields Impact S&P 500 and Nasdaq Composite
The S&P 500 and Nasdaq Composite ended the first trading day of 2024 with lower closing values, led by a …