Dollar Hovers Above 5-Month Low, FX Volatility Drops Further Ahead Of ECB, U.S. Inflation Data
The dollar hovered above a five-month low versus major peers on Thursday as investors looked to U.S. inflation The dollar…
Category: World
Asian Currencies Inch Higher Ahead Of U.S. Inflation Data
Asia’s emerging market currencies crawled higher on Thursday as investors awaited a crucial U.S. inflation report due later in the…
China’s Central Bank Governor Sees Inflation Below Target
China’s central bank Governor Yi Gang said consumer inflation is expected to stay under 2% this year, below the government’s…
Story From Markets Bitcoin Peeps Above $38K On Basel News
Bitcoin hit highs above $38,000 on Thursday after the Basel Committee’s proposal gave banks a green light to hold the…
ECB To Keep Money Taps Wide Open Even As Recovery Takes Hold
The European Central Bank is all but certain to maintain a generous flow of stimulus when policymakers meet on Thursday,…
Canada FX Debt-Canadian Dollar Slips As Greenback Broadly Gains Ground
The Canadian dollar fell against its broadly stronger U.S. counterpart on Tuesday, but stayed within its recent trading range as…
Stock Futures Rise As Investors Await key Inflation Report
Futures contracts tied to the major U.S. stock indexes rose during the overnight session Wednesday evening as investors eyed a…
IBM Tells U.S. Employees They Will Return To The Office In September
IBM’s U.S. employees will go back to the office the week of Sept. 7, according to a memo sent to…
Cramer Likes Chevron And Pioneer Natural Resources As Energy Names
While CNBC’s Jim Cramer continues to avoid fossil fuel stocks, there are a few oil names he likes. The “Mad…
Virtu Financial CEO Says Meme Stock Frenzy Not Solely Driven By ‘A Band Of Retail Traders’
The frenzied activity involving so-called meme stocks is being driven by more than just retail investors, the CEO of market…
Here Are The Most Important New Changes Coming To Your iPhone This Fall
Apple’s iOS 15 update will bring lots of new features to your iPhone when it launches this fall. Apple announced…
UBS Says Buy These Cheap Stocks With Pricing Power Amid Higher Inflation
Inflation is expected to increase throughout the summer as the economy rebounds while experiencing supply constraints. UBS said Wednesday it…
Amazon Has Signed Up Multiple Companies To Its Telehealth Service, Executive Says
Amazon has attracted multiple companies that are interested in using its telehealth service, known as Amazon Care, company executive Babak Parviz…
Biden Revokes And Replaces Trump Executive Orders That Banned TikTok
President Joe Biden signed an executive order on Wednesday that sets criteria for the government to evaluate the risk of apps connected…
Two Things Could Trigger The Next Financial Crisis, Says Veteran Strategist David Roche
Stocks are nearing the end of a bull run and the next major market meltdown may not be far away,…
Co-manager Of The Winning Oakmark Select Fund Sees Value In This Payments Stock
Oakmark Funds portfolio manager Tony Coniaris told CNBC on Wednesday that Fiserv has become one of his new favorite stocks and said…
Hot Inflation May Have Become Scorching In May And Is Expected To Hit A 28-Year High
Inflation has been warming up this spring, and it’s expected to hit historical levels for the month of May. The…
More Than 2.3 Million New Stimulus Checks Have Been Sent. Here’s Who Will Get The Money
More than 2.3 million new stimulus checks have been sent, representing over $4.2 billion in payments to Americans, the government…
Facebook Extends Its Work-at-Home Policy To Most Employees
Facebook CEO Mark Zuckerberg announced Wednesday that the company will allow all full-time employees to work from home if their jobs…
Buy Pound To Dollar Rate, Target 1.4585 Say MUFG
MUFG expects that the UK economic recovery will continue to gain traction with expectations of a Bank of England rate…
Ahead Of Next Treasury Bills Auction Scheduled For 9th Of June 2021
The Central Bank of Nigeria (CBN) will hold a Treasury Bills (T-Bills) Primary Market Auction (PMA) on the 9 th…
World Bank Raises Nigeria’s 2021 Growth Forecast To 1.8%
Deutsche Bank: Global economic crisis imminent amid rising inflation The World Bank has raised Nigeria’s 2021 growth forecast by 0.7…
Trump Congratulates Nigeria, Which He Once Called A ‘S—Hole’ Country, For Shutting Down Twitter
Former President Donald Trump on Tuesday congratulated Nigeria for blocking Twitter. Trump once referred to African nations, of which Nigeria…
Bitcoin Fall Has Strategists Eyeing Possible Drop To $20,000
Another bad week for Bitcoin could be a precursor of more pain to come, according to strategists watching the selloff…
Year-End Euro To Dollar Target Maintained At 1.1500 On Dollar Rebound: Nordea
Nordea: Risk of Inflation Misread on US Jobs Data, Year-End Euro to Dollar Target Maintained at 1.1500 on Dollar Rebound…
Sovereign Defaults Hit Record In 2020; More Are Possible
Fitch Ratings-London-08 June 2021: The sovereign issuer-based default rate rose to a record high in 2020 against a backdrop of…
Yuan Edges Higher In Thin Trade, Market Awaits U.S. Inflation Data
China’s yuan firmed against the dollar in thin trade on Wednesday, with the market’s focus locked on upcoming U.S. inflation…
Bank Of England’s Haldane Says UK Housing Market Is On Fire
Britain’s housing market is “on fire” thanks to government incentives for buyers, more demand from households with higher savings after…
Bitcoin falls after U.S. seizes most of Colonial ransom
Bitcoin’s price slipped again Tuesday amid a brutal sell-off among digital currencies. The reason for the move was unclear, however it…
The FBI likely exploited sloppy password storage to seize Colonial Pipeline bitcoin ransom
The FBI’s breach of a bitcoin wallet held by the cyber criminals who attacked Colonial Pipeline is all about sloppy…