Asian share markets extended their gains on Wednesday, with a notable rise in the Nikkei. This surge followed the Bank of Japan’s unexpected indication that it would not raise interest rates while markets remain volatile, leading to a sharp fall …
The dollar held its ground on Wednesday, while the yen retreated from a seven-month peak. Currency markets stabilised after a turbulent start to the week driven by recession fears and the unwinding of carry trades.
US stock market rebounds after a steep selloff, driven by recession fears and global market volatility. Notable tech giants like Microsoft and Tesla see major declines.
EURUSD surged 1.3% as weak US nonfarm payrolls data fueled expectations of a significant Fed rate cut. Read more to understand the market opportunities and risks.
In just three trading sessions, the Nikkei share average (NI225) has lost a fifth of its value. On Monday, it tumbled 12.4%, marking its second-largest decline on record and its biggest since the Black Monday crash of October 1987.
The Indian rupee is poised to weaken on Tuesday, with forecasts indicating it could reach an all-time low against the U.S. dollar. The non-deliverable forwards (NDF) market suggests that the rupee (USDINR) will open at 83.97-83.99 to the dollar, slipping …
Gold prices eased as profit-taking takes place but worries about recession and rising expectations of US interest rate cuts limited its downside.
The Japanese yen climbs high at 145 per dollar, driven by BOJ rate hike expectations and weak US jobs data. Explore the market implications and opportunities.
While maintaining its cautious approach to monetary policy, the Fed has signaled the possibility of a rate cut as early as September if inflation continues to ease.
Key points: Australian dollar near three-month lows amid U.S. slowdown fears. New Zealand dollar holds steady, supported by favourable inflation data. The Australian dollar remained near three-month lows on Friday. Weak U.S. data has increased fears of a sharp slowdown …
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