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The euro weakened toward $1.14, touching its lowest level since July 29, as falling oil prices prompted traders to scale back expectations for further ECB rate hikes, while the US dollar remained supported by expectations of additional Federal Reserve tightening. Brent crude fell for a sixth consecutive session amid si
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
U.S. retail sales fell 0.6% in July versus expectations for a 0.1% gain, consumer sentiment dropped to 51, and Treasury yields climbed as small caps held up while tech lagged.