The dollar neared a one-week high Friday, following a sharp drop in U.S. jobless claims, easing recession concerns. China’s yuan rose after stronger-than-expected inflation and a…
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Wall Street indexes rose Wednesday, boosted by megacap stocks and Japan’s dovish policy shift after last week’s surprise rate hike. Most tech stocks gained over 2%,…
The stock market volatility spike benefits asset managers offering “buffer” ETFs, which trade upside potential for downside protection. In three years, assets in these products surged…
The U.S. dollar hit a 7-month low, sharply falling against the euro and yen, amid economic data signaling a potential downturn. The dollar index fell 0.7%…
A dramatic yen rally is harnessing market momentum, prompting investors to quickly adjust as trend-followers reverse course. The yen has risen 8% against the dollar in…
Japan’s wholesale inflation accelerated in June due to yen declines, raising raw material import costs and rate hike expectations. Rising global commodity costs and ending fuel…
According to four traders who spoke to Reuters, Egypt’s state grain buyer purchased 500,000 metric tons of Russian wheat in a private transaction, negotiating lower costs…