Tag: wrap

Stocks Drop on Economic Data Before Fed Decision: Markets Wrap

(Bloomberg) — Stocks saw their gains fizzle out after some strong economic reports raised questions on whether the Federal Reserve will be able to decelerate its pace of monetary tightening soon.Most Read from...

ForexLive Asia-Pacific FX news wrap: Early bid for the US dollar

The Wall Street Journal had a piece over the weekend from Nick Timiraos, who has gained a reputation as a Federal Reserve ‘insider’. Timiraos wrote suggesting higher rates from the Federal Open Market Committee (FOMC), rates...

ForexLive Asia-Pacific FX news wrap: Minor crack in BOJ resolve – sustainable inflation?

The financial results from AMZN after the US regular hours close saw the shares trashed on a disappointing outlook. AAPL shares were hit soon after despite beats on revenue and EPS. The data focus for the session...

Asian Stocks Decline After Volatile US Session: Markets Wrap

In the bonds and currency markets, traders are watching for any more pressure on the Bank of Japan, which makes a policy decision Friday. Prime Minister Fumio Kishida announced an extra budget for...

ForexLive European FX news wrap: Dollar finds a footing, ECB up next

Headlines:Markets:USD leads, AUD lags on the dayEuropean equities lower; S&P 500 futures flatUS 10-year yields up 5.2 bps to 4.067%Gold down 0.2% to $1,661.95WTI crude up 0.3% to $88.20Bitcoin down 0.7% to $20,604It...

ForexLive Asia-Pacific FX news wrap: BOJ signalled today no change in YCC policy

The Bank of Japan is meeting later this week, the statement is due on Friday. Today the Bank bought more JGBs than they planned across the maturities curve. There is persistent chatter that the BOJ will abandon...

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