The vast majority of economists surveyed by Reuters forecast that the European Central Bank (ECB) will cut its deposit rate by 25 basis points on September…
Browsing: #RECESSION
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…
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…
Major European equity markets fell Thursday after corporate earnings reports, while upcoming U.S. policy easing boosted global bonds. The Federal Reserve kept rates steady but hinted…
European shares dropped on Friday amid economic uncertainties and a global outage affecting airlines, banks, and financial services. This turbulent market week saw a tech sell-off…
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…
European shares fell Tuesday as Airbus dropped on profit warning, pulling down aerospace stocks, while tech slid following Wall Street. STOXX 600 for the entire continent…