Global shares slide as interest-rate risk rises and geopolitics heat up
U.S. stock futures slip, European shares dropYen skids as market eyes possible BOJ governorInvestors ponder U.S. rates with host of Fed speakers dueLONDON, Feb 6 (Reuters) – Global shares slipped on Monday, after a run of upbeat economic data suggested interest rates will have to rise further and stay higher for longer, while a stronger […]
Asia FX slips, dollar firms as hot payrolls spur rate hike fears By Investing.com
© Reuters. By Ambar Warrick Investing.com — Asian currencies sank on Monday, while the dollar rose as stronger-than-expected U.S. payrolls data brewed concerns that the Federal Reserve will be able to keep raising interest rates for longer, while worsening Sino-U.S. ties also weighed. The dollar rose to a near one-month high against a basket of […]
Market Update – January 25 – Asian markets return to hot AUD & NZD Inflation
Many Asian markets back (China & Taiwan remain closed all week) and higher today, NYSE suffered tech meltdown (250+ stocks paused trading on Open) US Stocks mixed following a raft of uninspiring Earnings. #MSFT had its weakest quarterly sales growth in 6-yrs but EPS beat. -0.22% on the day & -1.02% after hours. PMI data […]
Australian Dollar Jumps on Hot CPI Data. Where to for AUD/USD?
Australian Dollar, AUD/USD, US Dollar, RBA, CPI, RBNZ, AUD/NZD – Talking Points The Australian Dollar ran higher after CPI figures beat estimates Both the headline and trimmed measures were above forecasts The RBA might have a problem on their hands. Will AUD/USD continue higher? Recommended by Daniel McCarthy Get Your Free AUD Forecast The Australian […]
Crypto contagion deepens: Coinbase to slash nearly 1,000 jobs
Jan 10 (Reuters) – Coinbase Global Inc (COIN.O) said on Tuesday it will reduce its workforce by about 950 employees as part of a restructuring plan, in a third round of layoffs for the cryptocurrency exchange since last year.The company said it expects to incur about $149 million to $163 million in restructuring expenses. Its […]
Stocks extend gains on ‘soft landing’ hopes, China re-opening
LONDON, Jan 9 (Reuters) – European stock indexes rose in early trading on Monday and world stocks were at the highest in more than three weeks, boosted by investors scaling back expectations for U.S. Federal Reserve rate hikes and optimism about China’s borders reopening.U.S. jobs data on Friday showed a jump in the workforce and […]