Tag: Finance
Majority of Asian shares continue to rise as investors anticipate UK...
While traders anticipated British inflation numbers later in the day for cues on how aggressive central banks must be to fight inflation, Asian markets...
Wall Street steps back; Fed minutes, PPI close a turbulent day
After the minutes from the most recent Federal Reserve meeting revealed that policymakers believed they needed to retain a more stringent policy stance, U.S....
Asian stocks decline as Fed and BoE increase unpredictability ahead of...
On Thursday, investors pondered the prospects of a worldwide recession amidst hawkish Federal Reserve discourse and concern over the Bank of England's dedication to...
Dollar increases as argument for U.S. rate increases corporations
The U.S. labour market was robust on Monday, supporting bets on rising interest rates as traders prepared for data that was anticipated to reveal...
Stocks decline as CPI & profit tests approach
After a shocking decline in U.S. unemployment dashed hopes of a policy reversal in advance of an inflation report that is anticipated to show...
As the Fed beats the rate rise drum, Wall Street closes...
The major Wall Street indexes ended the day lower on Thursday as worries grew that the Federal Reserve's assertive interest rate policy will trigger...
Asian stocks increase as evidence of the effectiveness of rate hikes
Wednesday saw an increase in Asian markets as investors gained confidence that future interest rate increases may be less pronounced due to early indications...
The dollar suffers as a fresh selloff begins
On Thursday, investors started pedalling into another cycle of selling as the dollar tightened its grip on the exchange rates, recession fears weighed on...
U.S. fines Wall St firms a striking $1.8 billion for lacking...
U.S. regulators punished 16 financial institutions, including Barclays (BARC.L), Citigroup, Bank of America, Credit Suisse (CSGN.S), Morgan Stanley, Goldman Sachs, and UBS (UBSG.S), for...
Dollar surges to 20-year high while sterling once more struggles
On Wednesday, jittery financial markets sent the safe-haven greenback to a new two-decade high as increasing global interest rates fueled concerns about an impending...
