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Dollar extends gains while investors parse China's stimulus plans
  • Finance

Dollar extends gains while investors parse China’s stimulus plans

Cs news9 months ago9 months ago06 mins

The dollar extended its gains in early Monday trades in Asia as a holiday in Japan sapped liquidity, leaving China’s somewhat disappointing weekend stimulus announcements the focus of market attention. Alfexe | Istock | Getty Images The dollar extended its gains in early Monday trades in Asia as a holiday in Japan sapped liquidity, leaving…

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September’s jobs report changes everything
  • Finance

September’s jobs report changes everything

Cs news9 months ago9 months ago07 mins

“We’re Hiring” flyers displayed at the Albany Job Fair in Latham, New York, US, on Wednesday, Oct. 2, 2024.  Angus Mordant | Bloomberg | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where…

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Dollar hits one-month peak to yen as Fed seen taking time with rate cuts
  • Finance

Dollar hits one-month peak to yen as Fed seen taking time with rate cuts

Cs news9 months ago9 months ago05 mins

The dollar rose to a one-month high versus the yen on Thursday as robustness in the U.S. jobs market backed the idea that the Federal Reserve does not need to rush to cut interest rates. Iryna Ustenko | Istock | Getty Images The dollar rose to a one-month high versus the yen on Thursday as…

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China cuts banks' reserve ratio as economic growth sputters
  • Finance

China cuts banks’ reserve ratio as economic growth sputters

Cs news9 months ago9 months ago05 mins

The People’s Bank of China (PBOC) building in Beijing, China, on Tuesday, April 18, 2023. China’s economy grew at the fastest pace in a year in the first quarter, putting Beijing on track to meet its growth goal for the year without adding major stimulus, while also helping to cushion the global economy against a…

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Australian, New Zealand dollars scale new highs on China boost
  • China News

Australian, New Zealand dollars scale new highs on China boost

Cs news9 months ago04 mins

An Australian one-hundred dollar banknote, top, and a New Zealand one-hundred dollar banknote are arranged for a photograph in Hong Kong, China, on Thursday, March 13, 2014. Bloomberg | Bloomberg | Getty Images The Australian and New Zealand dollars scaled multi-month peaks on Wednesday while sterling hit its highest in more than two years against…

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