Tag Archives: Wall Street

Higher Treasury yields knocked on growth stocks in the United States on Tuesday, as a slowing pace of rise in China’s services activity fueled concerns about demand in the world’s second-largest economy. The 10-year Treasury note yield has risen to 4.21% ahead of additional economic data and the Federal Reserve’s …

This holiday-shortened week will witness key economic events, such as Factory Orders Data, Initial Jobless Claims, and Consumer Credit releases in the United States. These events will add to the spotlight on the Fed, with several FOMC speakers making speeches and the Fed’s Beige Book for September scheduled to be …

The dollar fell in cautious trading on Monday, as investors evaluated US jobs data, which included signs of a slowdown, reinforcing expectations that the Federal Reserve has likely reached the end of its monetary tightening cycle. The dollar index, which measures the US currency against a basket of currencies, fell …

The dollar is set to end a six-week winning streak against major currencies on Friday, with the approaching release of an important monthly report on jobs in the United States that is likely to determine the course of the Federal Reserve’s policy in the coming months. The dollar fell to …

The euro held at a 15-year high against the yen on Thursday thanks to signs of continued inflation in Europe, while the dollar came under pressure ahead of consumption, inflation and jobs data that may provide new evidence of slowing economic growth. Data on Wednesday showed that the annual inflation …

The US dollar recovered from some of the sharp losses it incurred in the previous session, as investors awaited more data from the labor market for indications of the Federal Reserve’s policy path. The dollar index, which measures the performance of the US currency against a basket of six major …

The US Dollar Index dropped by the most since more than a month. Although the US Dollar fall is set to continue, the direction will depend heavily on incoming US data. On Wednesday, the ADP private employment report and another estimate of Q2 GDP growth will be released. Consumer inflation …

The dollar fell on Tuesday, after a strong rally, amid dealers’ reluctance to make big bets ahead of a series of expected economic data this week, while the Japanese yen fell to close to the levels that led the authorities to intervene to support it last year. The dollar fell …

The dollar retreated slightly from a 12-week level on Monday, August 28, as investors assessed the path of US monetary policy after US Federal Reserve Chairman Jerome Powell left the door open to the possibility of further interest rate hikes. In a highly anticipated speech at the annual financial policy …

All economic developments and investor-focused topics in the previous trading week were eclipsed by the speeches by ECB President Christine Lagarde and Fed Chair Jerome Powell on Friday. Hawkish stances from Jackson HoleECB President Christine Lagarde and Fed Chair Jerome Powell addressed key economic developments and investor-focused topics. Lagarde emphasized …