BATH, UNITED KINGDOM – JUNE 08: In this photo illustration, British £20 pound notes are pictured with one dollar bill notes and euro €50 notes on June 8, 2025 in Bath, England. The U.S. dollar (USD) has been fluctuate in value against global currencies such as the euro (EUR) and pound sterling (GBP) as tariffs…
The Trump “put” is alive and well. Markets rallied midweek after President Trump said he had “no intention” of firing Fed Chair Jerome Powell, easing investor concerns about the central bank’s independence following earlier threats to oust Powell over the Fed’s interest rate policy. Trump also softened his tone on tariffs, suggesting the steep duties…
A teller counts U.S. dollar bank notes at a money changer in Jakarta, Indonesia, on April 9, 2025. Willy Kurniawan | Reuters The U.S. dollar continued its slide on Monday, falling to its lowest level since 2022, as global investors retreat from U.S. assets in the face of tension between President Donald Trump and the…
“The Japanese yen will be a good — and probably the best — candidate to hide from trade tensions and a U.S. recession, for a whole host of familiar reasons,” said Ebrahim Rahbari, head of rates strategy at Absolute Strategy Research. Zhang Xiaoyu | Xinhua News Agency | Getty Images Investors are flocking to safe…
(Bloomberg) — Asian equities were primed for muted moves Thursday as investors grappled with new details on tariffs from US President Donald Trump and robust earnings from Nvidia Corp. Most Read from Bloomberg Shares in Australia opened slightly higher while futures for Japanese and Hong Kong equity benchmarks edged lower. Contracts for the S&P 500…
BANGKOK (AP) — The Chinese government plans to ensure that share prices will rise by ordering pensions and mutual funds to invest more in domestic stocks, to help jolt the markets out of the doldrums. Officials told reporters in Beijing on Thursday that beginning this year mutual funds should increase holdings of onshore stocks, called…
(Bloomberg) — Stocks in Asia declined after South Korea’s political turmoil triggered by a brief imposition of martial law put investors on edge. Most Read from Bloomberg The benchmark Kospi Index fell as much as 2.3% on Wednesday after South Korea-related assets all dropped overnight. The MSCI Asia Pacific Index was down 0.5%, with shares…
Even in an age of instant communication and live financial data, investors have had to wait days to take ownership of the stocks they purchased or to receive payment for the stocks they sold. No longer. Since May 28, US stock trades have “settled” in one day rather than two. Global banks, brokers and investors…
President-elect Donald Trump‘s vow to implement additional tariffs on China, Canada and Mexico on day one of his presidency signals the start of a wild ride in currency markets, strategists say, warning it would be risky for investors to underestimate the impact on foreign exchange rates. Trump said Monday he would sign an executive order…
The prospect of the U.S. introducing a swathe of new tariffs under President-elect Donald Trump has led economists to say the euro could return to parity with the U.S. dollar in their 2025 outlooks. Since Trump’s decisive victory in the Nov. 5 election, which also handed the Republican party control of both houses of Congress,…