After Scoring 60% Returns, Carry Traders Are Ditching Peso, Real – BNN Bloomberg
(Bloomberg) -- Latin America is being replaced as the go-to trade for currency investors as politics turns double-digit gains into...
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Rupee falls 6 paise against USD
More News19 Jul 2024 | 4:44 PMNew Delhi, July 19 (UNI) Digital payment platform Paytm’s parent company One 97 Communications,...
Dollar’s Biggest Jump This Month Sends Global Currencies Sliding – BNN Bloomberg
(Bloomberg) -- The dollar is surging by the most this month as traders reconsider the effect of Donald Trump’s potential...
Stock market today: Wall Street holds a bit firmer following Wednesday’s rout for tech stocks
NEW YORK (AP) — Wall Street is holding a bit steadier Thursday following the worst day for big technology stocks since 2022. The S&P 500 was virtually unchanged in midday trading, and the Nasdaq composite was edging down by 0.2% a day after tumbling 3.7%. The Dow Jones Industrial Average was also roughly flat, as of 11:05 a.m. Eastern time.Much of the prior day’s pain centered on stocks of chip companies, hurt by possible trade tensions with China and other worries. But they stabilized somewhat as industry giant Taiwan Semiconductor...
Turkey’s Investor-Pleasing Currency Policy Faces Critics at Home – BNN Bloomberg
(Bloomberg) -- A combination of high interest rates and a predictable currency have made Turkey an unusually safe bet for...
Argentina Overcomes Key Hurdle Impeding End of Currency Controls – BNN Bloomberg
(Bloomberg) -- Argentina’s central bank repurchased the majority of put options from financial entities Thursday, bringing President Javier Milei one...
Cramer gives a tactical look at the market rotation out of tech stocks
"For all my years down here, I know that if you self-immolate on days like today because you ignored diversification...
Goldman Hits $1.30 Pound Bet in Just a Week as BOE Seen on Hold – BNN Bloomberg
(Bloomberg) -- It took just seven days for the pound to vindicate Goldman Sachs Group Inc.’s bullish call.The currency rose...
Stock market today: Wall Street, global markets sink on report US might tighten tech curbs on China | Business & Finance
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5 things to know before the stock market opens Wednesday, July 17
The Dow sees its best session since June 2023.Spirit Airlines anticipates a bigger quarterly loss.Elon Musk says the headquarters for...
