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Big tech rebound ahead of earnings, Oil slips
The Forex Market· 21 hours agoThe S&P500 rebounded 1% following its worst week since April on a Big Tech selloff and on rising worries that a second term for Donald Trump in the White...
China's rate cuts fail to revive iron ore and copper: Russell
Reuters· 21 hours agoChina's first cut to major short- and long-term interest rates in 11 months drew a distinctly ho-hum...
AUD/JPY slides below 104.00 mark, over one-month low amid modest JPY strength
The Forex Market· 23 hours agoA combination of factors continues to underpin the JPY and drag spot prices lower. The AUD/JPY cross...
Gold price moves away from over one-week low, climbs back above $2,400 mark
The Forex Market· 1 day agoA combination of factors dragged the Gold price to over a one-week low on Monday. Bets that the Fed...
China's loan collateral tweak will ease 'asset famine', state media says
Reuters· 1 day agoChina's central bank's decision to lower the collateral requirement for medium-term loans will...
China's loan collateral tweak will ease 'asset famine', state media says
Reuters via Yahoo Finance UK· 1 day agoChina's central bank's decision to lower the collateral requirement for medium-term loans will...
Australian Dollar extends losses due to concerns over China's economic growth
The Forex Market· 1 day agoThe Australian Dollar (AUD) weakens for the seventh consecutive session on Tuesday, driven by a...
NZD/USD remains under selling pressure below 0.6000 on rising RBNZ rate cut bets
The Forex Market· 1 day agoThe rising expectation that the Reserve Bank of New Zealand (RBNZ) will cut interest rates sooner...
Asia FX firms as dollar stalls amid rate cut bets, political uncertainty
Investing.com via Yahoo Finance UK· 1 day agoInvesting.com-- Most Asian currencies drifted higher on Tuesday, while the dollar retreated as the greenback’s rebound was held back by continued expectations of interest rate cuts and uncertainty over the 2024 presidential election.
China’s Surprise Rate Cut Is the Bare Minimum
Bloomberg· 1 day agoThe central bank’s response to a sluggish economy looks almost grudging. Further assistance awaits Fed action. Daniel Moss is a Bloomberg Opinion...