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The euro ended the week below the $1.14 threshold, marking its weakest level in two months, as the US dollar remained supported by growing expectations of further Federal Reserve rate hikes this year. Hawkish remarks from Fed officials, coupled with a string of economic data pointing to robust growth and a resilient la
MSCI EM stocks down 0.9%, FX slips 0.5% US 10-year Treasury yield hits highest level since 2007 South African rand hits seven-week low after central bank's 25 bps rate hike Turkish finance minister to hold meetings on fund liquidation crisis By Utkarsh Hathi Sept 24 (Reuters) — An index of emerging market currencies he
Dollar treads water as markets assess US rate outlook Swiss Franc up, Norwegian crown down after central bank decisions Japanese yen slips to lowest level in three weeks (Adds reaction to SNB, Norges Bank and Riksbank decisions) By Stefano Rebaudo Sept 24 (Reuters) — The dollar steadied near a two-month high on Thursda
Dollar slips slightly with markets assessing the rate outlook Yen on track for first daily rise in five sessions Peace hopes fade as geopolitical tensions persist (Recasts throughout, adds comments, background) By Stefano Rebaudo Sept 24 (Reuters) — The dollar eased slightly from a roughly two-month high on Thursday as
The Nasdaq hit a record closing high, boosted by AI stocks, while falling oil prices and retreating Treasury yields improved risk sentiment. European shares rallied, led by banks and tech, and Asian markets were mixed, with Japan higher and China/Hong Kong up on hopes of a trade truce.
Asian share markets edged higher as chipmakers benefited from AI demand, while oil prices eased on speculation of increased supply. The dollar dipped against the yen amid intervention concerns.
Wall Street’s rally extended into Asia as another decline in oil prices eased inflation concerns. The yen weakened after the Bank of Japan raised interest rates in a split decision. MSCI’s gauge of Asian equities climbed 0.8% after the S&P 500 and Nasdaq 100 posted their strongest gains since early August. Samsung Elec
BOJ votes 7-2 to hike by 25bps; Governor Ueda to brief media at 0630 GMT Dollar stabilises as Fed narrowly seen hiking next month Sterling level after BoE holds rates, pauses gilt sales (Adds BOJ decision, updates markets) By Gregor Stuart Hunter SINGAPORE, Sept 18 (Reuters) — The yen sank against its major peers in As
Eurozone Services PMI eased to 51.6 in August from 51.7, hitting a two-month low. S&P Global said solid, broad-based demand kept overall private sector activity on even keel.
CAC 40 fell 0.2% to around 8,283, extending losses for a third session to its lowest level in more than a month amid escalating Middle East tensions and higher oil prices.
In Asian trade Wednesday, the NZ dollar weakened against major currencies. It fell to nearly a two-month low of 1.9865 vs the euro and a two-week low of 93.30 vs the yen.