Financial News

Investing.com – Most Asian currencies weakened on Thursday as the U.S. dollar reached a one-year high, bolstered by data showing persistent inflationary pressure in the U.S. Market sentiment in the region remained subdued, following disappointing Chinese stimulus measures and concerns over potential U.S. protectionism under a Donald Trump presidency. The Japanese yen and the Chinese […]

(Reuters) – Investors sharply ramped up their short bets on Asian currencies and turned bearish on the Singapore dollar for the first time since early July on rising concerns that the U.S. President-elect Donald Trump’s policies would erode the attractiveness of risk-sensitive emerging market assets. Short bets emerged on the Singapore dollar for the first

LONDON (Reuters) -The euro has fallen to one-year lows, reviving talk the currency could hit the $1 mark. Donald Trump’s U.S. election win raises the prospect of a hike in tariffs that could deal a fresh blow to the euro zone economy. At around $1.05, the euro has slumped 6% from more than one-year highs

Investing.com – The U.S. dollar surged to a one-year high on Thursday, bolstered by consumer inflation data that cast doubt on the extent of Federal Reserve rate cuts. Simultaneously, Donald Trump began filling key positions in his new administration. At 04:35 ET (09:35 GMT), the Dollar Index—which measures the greenback against six other major currencies—climbed

Glodon June 7th | The main Hong Kong stock indexes showed a high opening and low trend. The three major indexes rose slightly at the beginning of the session and then continued to fall, and the decline increased in the afternoon. The Hang Seng Technology Index fell 2.2% at one point, and finally closed down

Here are five things you need to know about the financial markets on Thursday, June 6: 1. U.S. stock index futures consolidate sidewaysU.S. stock index futures consolidated near the flat line on Thursday after the S&P 500 and the tech-heavy Nasdaq Composite both closed at record highs. On Wednesday, the S&P 500 rose 1.18% to

Zhitong Finance learned that Ed Yardeni, a senior Wall Street strategist, former Federal Reserve economist, and president of Yardeni Research, said that any dovish keywords in Powell’s speech after the Fed’s interest rate meeting next week could trigger a sharp rise in US stocks. Investors will pay close attention to the press conference of Federal

Bank of America analysts released a report, expressing firm optimism about the rise of U.S. stocks, and are particularly optimistic about the prospects of large-cap value stocks, cyclical stocks and dividend stocks. However, analysts maintained the year-end target level of 5,400 points for the S&P 500 index, which indicates a moderate return outlook for the

On Thursday (June 6), before the U.S. stock market opened, Nvidia (NASDAQ:NVDA) rose 1.05%, achieving four consecutive increases, temporarily sitting firmly on the second throne of the U.S. market value. On the news, this Friday (June 7), Nvidia’s stock price will begin to implement a “1-for-10” stock split plan after the U.S. stock market, and