A depreciation of the yuan could undermine its appeal relative to the greenback, whose prominence Russia wants to overhaul.
EU mid-market update: Will US payrolls provide a reason for Fed to cut rates this summer? Apple earnings overshadowed by colossal buyback.
Australia has for decades largely been a services economy and has become relatively wealthy from doing so. Income and wealth are mainly determined by how productive workers are, not what they make.
The S&P 500 Index ($SPX) (SPY) this morning is +0.86%, the Dow Jones Industrials Index ($DOWI) (DIA) is up +0.81%, and the ...
Earnings season continues, and investors have some high expectations for some of the major companies reporting next week such ...
Will Bank Negara Malaysia’s Monetary Policy Committee follow its Indonesian counterparts by raising interest rates when it ...
The FOMC said it will slow the pace of its balance sheet runoff, or quantitative tightening, saying it will cut the cap on runoff ... to start cutting interest rates. He added that "it's unlikely that ...
May 3 (Reuters) - China-based electric vehicle brand Zeekr Intelligent ... boosting hopes that the Federal Reserve could cut interest rates soon.
Recent data on inflation and the labor market had fueled concerns the Fed could would be forced to keep rates higher for longer than the market was anticipating, or even raise rates again. But at the ...
Norway's central bank kept interest rates on hold at 4.50% on Friday ... that Norges Bank may eventually postpone its planned cut. "The data so far could suggest that a tight monetary policy stance ...
Like other central banks, such as the RBI, the US Fed conducts monetary policy and influences employment and inflation. A ...