RBNZ’s Less Hawkish Stance Drags Down Kiwi, Fuels Rate-Cut Bets
(Bloomberg) -- New Zealand’s central bank kept interest rates unchanged for an eighth straight meeting but toned down its hawkish...
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China’s Yuan Makes up Nearly 100% of Russia Foreign Exchange Market
The Chinese yuan made up 99.6% of Russian foreign exchange market in June, Bloomberg reported.This comes after the dollar and...
Brazil Soy Profits Fueled by Weak Currency Deals Blow to US Farmers
(Bloomberg) -- A selloff in Brazil’s currency over the past month is shielding farmers in the world’s top soybean exporter...
Global Equities Hit Record, PBOC to Borrow Bonds: Markets Wrap
(Bloomberg) -- As traders turn their attention toward Friday’s crucial US jobs data, global equities are scaling record highs.Most Read...
S&P 500 Closes Above 5,500 in Record-Breaking Run: Markets Wrap
(Bloomberg) -- Wall Street traders sent stocks to all-time highs as bond yields fell, with traders looking at prospects for...
Dollar Gets Extra Boost as Supreme Court Ruling Signals US Currency Has Room to Run
(Bloomberg) -- The dollar’s advance following a crucial Supreme Court ruling highlights the potential for further gains in the US...
Stocks, Euro Rise as Traders Parse French Election: Markets Wrap
(Bloomberg) -- European stocks snapped a four-day losing streak and the euro rose as French election results suggested there’s a...
Japan’s Stock Rally Is Forecast to Slow in Second Half of 2024
(Bloomberg) -- Investors expect the pace of Japan’s stock market rally to slow in the second half, increasing the risk...
Where Stock Market Is Headed After Wild First Half: Five Charts
(Bloomberg) -- A boom in artificial intelligence fueled a blistering first half for the US stock market, and traders expect...
Emerging-Market Currencies Gain on Final Day of Weak First Half
(Bloomberg) -- Developing currencies gained on the final trading day of an otherwise weak first half marked by surprise election...
