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!
Asian equities fell during the afternoon trade on Wednesday, with Hong Kong’s Hang Seng plummeting 3 percent, as weaker-than-expected Caixin PMI data dampened investors’ sentiment. Read more here!
Safe-haven currencies including the yen gained against the dollar on Wednesday, as a careful mood dominated the first trading day of the year on worries about the global growth, the US government shutdown, and a slower pace of Federal Reserve rate hikes. Read more here!
Asian stocks rose on Friday after Wall Street finished the volatile trade in positive territory, adding to the previous session’s big gains, although lingering investor anxiety support safe-haven currencies such as yen. Read more here!
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!
Japanese internet giant GMO Internet Group is ditching the bitcoin mining hardware sector, according to a report citing a public documents. Read more here!
US President Donald Trump on Wednesday said that he is ready to wait for as long as it takes to get $5 billion from taxpayers for his US-Mexico border wall, a demand that has triggered a partial shutdown of the federal government, which is now on its fifth day of shutdown. Read more here!
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!
The US dollar on Thursday was firm in Asia following the withdrawal of the US Federal Reserve from a more aggressive policy tightening move. This followed when it gave markets the distinct impression of being much less cautious in comparison with what they had expected. The Fed raised its interest rates by 25 basis points. …
Dollar Remains Firm as Fed Calls for Further Hikes Read More »
On Wednesday, oil steadied following its biggest declines for years. However, it stayed under pressure from concerns such as oversupply and slowdown in the global economy, weakening the demand for fuel. As of 0840 GMT, there was a 30-cent increase in the Benchmark Brent crude oil at $56.56 a barrel. This followed after it made …
Oil Stable on Sell-off, Stays under Pressure from Oversupply Read More »
The US dollar skidded lower against a basket of other currencies on Tuesday ahead of this week’s Federal Reserve meeting. Read more here!
Asian stock markets started the week on a cautious step following the soft economic data from China and Europe added to evidence of cooling global growth and reinforced anxiety over the broadening impact of international trade frictions. Read more!
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!
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!
Vermont, which is the second smallest state in the United States by population, has formed a working group that consists of agencies with a goal towards studying blockchain technology. Read more here!
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