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Online Trading News Page 21

Dec 14 2023, 12:47
U.S. stocks reach record highs following Fed’s announcement of potential rate cuts
S&P 500, Dow, Nasdaq all up 1.3% as US stocks reach new 2023 highs following Fed rate cut hint.
Dec 14 2023, 12:47

Argentina’s new government to devalue peso by over 50 percent

Dec 14 2023, 12:47

Dollar rebounds as market awaits Fed policy decision

Dec 14 2023, 12:47

South Africa, Russia deepen ties with $265 million gas refinery deal

Dec 14 2023, 12:47

U.S. stocks climb to new highs ahead of inflation data, Fed decision

Dec 12 2023, 10:21

U.S. dollar weakens ahead of inflation data release, Fed meeting

The U.S. dollar softened in Tuesday's Asian trading session, as investors shifted their focus to the U.S. inflation data release and a series of central bank meetings.
Dec 11 2023, 23:26

China's new loans projected to rebound in November

New loans in China to rebound in November, exceeding both the previous month and the year-earlier figure, according to recent Reuters poll.
Dec 11 2023, 15:46

Digital ruble takes step forward with new tax law ahead 2024 rollout

Russia's digital ruble moves closer to public usage with new tax law, set to launch Jan 1, 2025.
Dec 08 2023, 15:34

Mexican peso drops after inflation data fuels rate cut uncertainty

The Mexican peso dropped against the US dollar as inflation data raised questions over potential prolonged higher interest rates.
Dec 08 2023, 13:20

Wall Street rebounds as traders await Fed hike pause

Following three days of losses, Wall Street rebounds as investors eagerly await the Federal Reserve's decision on interest rates.
Dec 07 2023, 12:35

Bank of Canada holds rates steady, but inflation remains key concern

The Bank of Canada (BOC) has maintained its key overnight rate at 5%, though inflation remains an important issue to be addressed.
Dec 06 2023, 12:33

Moody's downgrades China's credit outlook amid mounting debts, property market risks

Rating agency Moody's downgrades China's credit rating outlook from "stable" to "negative" due to mounting debt and property market risks.
Dec 06 2023, 12:22

Bank of Italy, Bank of Korea collaborate on CBDC development

Banca d'Italia and Bank of Korea form partnership to collaborate on advancements in Central Bank Digital Currencies.
Dec 05 2023, 13:40

Dollar rebounds as market bets on Fed rate cuts

The dollar rose on Tuesday, hovering near a one-week high, as investors bet on the Federal Reserve to cut interest rates.
Dec 05 2023, 13:29

Wall Street dips ahead of key jobs data as market braces for rate cuts

U.S. stocks dip as market braces for key jobs data and potential rate cuts.
Dec 04 2023, 13:38

Chinese economic growth continues downward trajectory in October

Figures show Chinese public offering funds' AUM drop to 27.38 trillion as investors reassess economic growth in October.
Dec 04 2023, 10:39

Economists predict U.S. economic downturn in 2024

Despite current economic growth and stock market performance, BMO Capital Markets and Deutsche Bank predict a U.S. recession in 2024.
Dec 01 2023, 15:09

China's e-CNY pilot draws more banks

Four more banks have joined the e-CNY pilot program, allowing for greater integration of the digital yuan into domestic and cross-border transactions.
Dec 01 2023, 14:51

Argentina’s new government to decline BRICS invitation

Argentina's newly elected government, headed by President-elect Javier Milei, has officially declined an invitation to join the BRICS bloc.
Nov 30 2023, 15:49

U.S. stocks mixed as investors consider earlier rate cuts by Fed

U.S. stocks end mixed, Dow up 13.44 points, as investors consider possibility of earlier rate cuts from the Federal Reserve.
Nov 30 2023, 11:06

Dollar edges up after hitting 3-month low on strong GDP data

The dollar edged up after hitting 3-month low on strong GDP data, showing US economy expanded more quickly than expected.
Nov 29 2023, 12:03

Russia to resume forex interventions to bolster ruble

Russia's Central Bank announced it will intervene to strengthen the ruble with a modified formula beginning in January 2022.
Nov 29 2023, 09:25

Japan Business Federation to discuss impact of weak yen on economy

Members of Japan Business Federation to convene and discuss effect of weak yen on economy at meeting on December 4.
Nov 28 2023, 12:42

UAE to move away from U.S. dollar in new oil deals

The UAE is shifting away from the dollar in new oil deals, aligning with the BRICS economic alliance.
Nov 28 2023, 07:54

U.S. dollar retreats as Fed rate cut bets rise

The U.S. dollar weakened on Monday as investors anticipated the Fed would end interest rate hikes and possibly lower rates.