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#Asia_stocks :

  #Asian_stocks got off to a shaky start on Thursday after the #Federal_Reserve flagged delays to interest rate cuts, while the #dollar fell heavily on the #yen in what traders reckoned was Japanese intervention. #Oil fell sharply overnight as the prospect of cuts seemed more distant and after a surprise jump in U.S. stockpiles, with

#Asia_stocks : Read More »

#S&P #500, #Nasdaq end lower after #Fed #rate decision, #Powell press conference :

  #USA_stocks closed mixed on Wednesday after the #Federa_Reserve left its key interest rate unchanged, as expected, and indicated that while its next move will likely be a rate cut, continued progress on inflation is not assured. The S&P 500 and the #Nasdaq ended lower while the #Dow_Jones Industrial Average notched a modest gain. The #Federal

#S&P #500, #Nasdaq end lower after #Fed #rate decision, #Powell press conference : Read More »

#Yen gives up ground vs #dollar following #surge on suspected intervention :

  #yen gave up ground in early trade on Thursday, reversing direction after a sudden surge against the #dollar overnight that #traders and #analysts were quick to attribute to intervention by #Japanese authorities. #The_dollar was 0.9% higher at 155.98 #yen as of 0100 GMT, retracing about half of its late Wednesday surge from around 157.55

#Yen gives up ground vs #dollar following #surge on suspected intervention : Read More »

#Oil_prices rise from near 2-mth low as #dollar drop offers some relief :

  #Oil_prices rose in #Asian_trade on Thursday, recovering from near two-month lows as a sharp drop in the dollar following a #Federal_Reserve meeting offered some relief to markets. But gains in crude were limited, as a recent spike in #usa_inventories and crude production pushed the notion that oil markets were not as tight as initially

#Oil_prices rise from near 2-mth low as #dollar drop offers some relief : Read More »

wall street

US#stock_futures #rise as #Powell pushes back against rate #hike :

  #USA_stock index futures rose in evening deals on Wednesday after a whipsaw session on #Wall_Street as #Federal_Reserve Chair #Jerome_Powell warned that interest rates will remain high for longer, but dismissed the prospect of a rate hike.  #Powell’s comments offered some relief to markets, which had fallen sharply in recent sessions amid growing concerns over

US#stock_futures #rise as #Powell pushes back against rate #hike : Read More »