S&P 500 Trades Within a Whisker of All-Time High: Markets Wrap
(Bloomberg) -- The final week of 2023 is expected to be much quieter on Wall Street after a ferocious rally...
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Asia Eyes Muted Open, Oil in Focus During Tensions: Markets Wrap
(Bloomberg) -- Stocks in Asia were mostly unchanged while currencies in Asia ticked higher amid cautious trading and reduced liquidity...
Bank Indonesia Holds Rate, Signals It’s In No Rush to Ease
(Bloomberg) -- Bank Indonesia left its benchmark interest rate unchanged for a second straight meeting to keep inflation under control...
Asia Stocks Track US Losses as Global Rally Stalls: Markets Wrap
(Bloomberg) -- Shares in Asia fell Thursday after a global stock market rally stalled, even as the bond market edged...
Chile Speeds Up Pace of Interest Rate Cuts After Currency Rebounds
(Bloomberg) -- Chile’s central bank cut its key interest rate by three quarters of a percentage point, speeding up the...
Stocks Extend Gains, Shake Off Fed’s Rate Message: Markets Wrap
(Bloomberg) -- US stocks kicked off the week on a positive note buoyed by a burst of deals and ignoring...
China’s Real Estate Meltdown Is Battering Middle Class Wealth
(Bloomberg) -- Stock investments: down 30%. Salary package: down 30%. Investment property: down 20%. As Thomas Zhou reflects on 2023,...
Dollar Drops to Weakest Since August as Traders Eye Fed Pivot
(Bloomberg) -- The dollar dropped to a four-month low Thursday as traders digested the clearest signal yet that the Federal...
Fed-Induced Asia Rally Has Scope to Extend Into 2024: Analysts
(Bloomberg) -- A cross-asset rally in Asian markets following the Federal Reserve’s signals of rate cuts next year may extend...
Emerging Markets Pare Currency Gains With Fed’s Path in Focus
(Bloomberg) -- Emerging-market currencies wiped out most of their early gains on Tuesday after fresh data showed US consumer prices...
