Asian stocks drift before tech earnings as Fed drama confounds – Markets
sian stocks dithered on Thursday ahead of earnings from heavyweight technology companies and as market anxiety lingered over the uncertain...
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Dow, S&P 500 stall, Nasdaq futures slip as Fed rate cut bets wane
US stock futures struggled on Wednesday as Wall Street braced for another inflation checkup after the latest consumer price reading...
September Fed rate cut is not a sure thing, despite market behavior
In recent days, the stock market has brought myriad summer entertainments to mind: bungee-jumping, roller-coasters, watching a Space-X launch. Thursday...
Why the US dollar remains the world’s reserve currency
The US dollar's position as the world's primary reserve currency has endured for over eight decades, weathering numerous economic crises, geopolitical shifts, and challenges from emerging economies. Despite periodic predictions of its decline, the greenback continues to dominate international finance, trade, and central bank reserves. Understanding why this supremacy persists requires examining the complex interplay of historical, economic, and institutional factors that reinforce America's monetary hegemony.Historical foundation and the Bretton Woods LegacyThe dollar's reserve currency status originated from the 1944 Bretton Woods Agreement, which established a new international monetary system...
Which currencies may trump the US dollar? Traders look to the yuan, the Aussie and the won
Traders are seeking alternatives to the euro when shorting the US dollar as they look to capitalise on expectations for...
Which currencies may trump the US dollar? Traders look to the yuan, the Aussie and the won
Traders are seeking alternatives to the euro when shorting the US dollar as they look to capitalise on expectations for...
S&P 500, Nasdaq clinch records for third time this week as optimism sweeps Wall Street
Stocks closed at fresh records on Thursday after the release of June's jobs report, which showed that unemployment eased to...
S&P 500, Nasdaq climb to fresh records after better-than-expected jobs report
Microsoft (MSFT) and Nvidia (NVDA) could both hit $4 trillion in market value this summer, Wedbush analyst Dan Ives believes....
US dollar suffers worst start to year since 1973
The US dollar suffered its worst first-half decline in more than 50 years as fears over President Trump’s tariff policies...
Dow, S&P 500, Nasdaq waver, oil prices trim gains as Wall Street weighs Iran’s next move
Wall Street is closely watching escalating tensions in the Middle East after President Trump confirmed that the US launched a surprise strike on Iran’s nuclear sites late Saturday, marking the country’s official entry into the two-week-old conflict. Markets have held mostly steady in the aftermath of the escalation, although US stock futures fell across the board when trading opened Sunday evening. Additionally, bitcoin (BTC-USD) prices, often viewed as a barometer of risk appetite, dropped over 1.6% to trade around $100,500 a coin. WTI crude (CL=F) and Brent (BZ=F) futures jumped,...