Dollar Slumps on New Powell Comments
The dollar weakened against other currencies on Monday, as traders felt more bearish due to the increasing expectations that the Federal Reserve would put its policy tightening to a pause in 2019. Read more here!
Central bank
Daily Market Charts and Analysis January 3, 2019
Here are the most important charts and market analysis for today. Check them out!
US Futures Plummet, Asian Shares Drop in Flash Crash
US stock futures slipped and Asian shares stumbled on Thursday after a rare revenue warning from Apple Inc added to worries about slowing global growth and weaker earnings and jolted currency markets. Read more here!
ECB Appoints 3 Admins to Italy’s Carige
The European Central Bank designated three temporary administrators on Wednesday to take charge of Italy’s Carige bank in an unforeseen effort to save the floundering lender after it failed to raise new capital. Read more here!
BOJ Policymakers at Odds Over Bond Yields
Bank of Japan policymakers were at logger-heads on the amount which they should allow bond yields to fall, as they fret over a worsening global economic outlook and the increasing costs of extended easing, according to a summary of their opinions at December rate review. Some policymakers also cautioned that the achievement of the central …
Safe Haven Yen and Franc Rise on Global Concerns
The yen and the Swiss franc gained on Friday, as investors sought refuge in safe-haven assets because of renewed US-China trade tensions and weaker-than-expected data in the top two economies that revived global growth fears. Read more here!
Dollar Maintains Gains on Wall Street Push on Yields
The dollar managed to sustain a huge chunk of its overnight gains on Thursday although it was off its peak for the week so far amid thin volumes. Read more here!
US Dollar Plummets Ahead of Fed Meeting
The US dollar skidded lower against a basket of other currencies on Tuesday ahead of this week’s Federal Reserve meeting. Read more here!
BOJ Cautions Growth Risks, Policy Steady
As the risks to the global economy increases, the Bank of Japan (BOJ) is expected to tag along in a string of warnings from other policymakers of the threat to growth from protectionism and signal its resolve to keep the money plug open. Read more!
Safe-Haven Dollar Near Highs on Global Concerns
The dollar hovered near a 19-month high on Monday, boosted by safe-haven buying as escalated worries of a global economic slowdown diminished appetites for riskier assets. Read more here!
Japan’s Exports Grew slower in November, Core CPI Firm
Japan’s exports growth is seen to have eased in November, according to a survey on Friday, indicating a dimming economic outlook in the midst of the easing global demand and a US-China trade dispute. Read more here!
Asian Stocks Down on Weak China Data
Asian shares slumped on Friday after China reported a set of weak data, fuelling fresh worries of a slowdown in the world’s second biggest economy and leaving investors fretting over the wider impact of a yet to be solved US-China trade dispute. Read more here!
Dollar Firms on Expected Interest Rate Increase Next Week
he dollar was steady against most major counterparts on Friday, as investors’ attention switched to an expected US interest rate hike next week. Read more here!
Pound Retains Gains after British PM Wins Confidence Vote
The pound held onto most of its previous session’s gains on Thursday after British Prime Minister Theresa May survived a no-confidence vote, buying time to try to steer her unpopular Brexit deal through a deeply divided parliaments. Read more here!
More Worries Await ECB, Dimmer view on Growth
The European Central Bank is still uncertain to formally end its generous bond purchase scheme on Thursday, but will take an increasingly dimmer view on growth. Read more here!
