Canadian firms keep investments in check despite rate cut expectations
By Promit Mukherjee, Ismail ShakilOTTAWA (Reuters) -Canadian businesses expect interest rates to come down by as much as 100 basis...
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UK property asking prices dip as buyers hope for interest rate cut
The average asking price of a UK property fell by 0.4% in July amid signs that some buyers are waiting...
Emerging-Market Currencies Hit Highest Since May on US CPI Data
(Bloomberg) -- Emerging-market currencies jumped to their highest since May after US consumer prices unexpectedly fell in June, cementing bets...
Asian shares zoom higher, with Nikkei over 42,000 after Wall St sets new records
Asian shares advanced Thursday, tracking a blistering rally on Wall Street, with Japan’s Nikkei 225 index surging over 42,000 for...
ARK Investment’s Cathie Wood defends strategy in letter to investors
By Suzanne McGee(Reuters) - Cathie Wood, founder and CEO of ARK Investment Management, defended the strategy of the firm's money-losing...
The stage is set for 2 rate cuts this year, but investors need to be careful adding more exposure to the stock market, JPMorgan strategy chief says
In this May 22, 2020, file photo, a car drives past the Federal Reserve building in Washington.Patrick Semansky/AP PhotoRecent data...
Wall Street’s scorching rally sets more records as hopes rise for rate cuts
NEW YORK (AP) — U.S. stocks rose to more records Friday after a highly anticipated report on the job market...
China’s yuan, central bank performing well under stress, but US Fed rates adding to pressures
Prolonged high interest rates in the United States could introduce uncertainty to the monetary policy outlook of emerging economies, the...
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...
Stocks edge lower on Wall Street after data showing inflation continues to ease
Stocks on Wall Street gave up early gains and edged lower in afternoon trading Friday, following a closely watched report...
