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Online Trading News Page 9
Dec 12 2023, 12:21
U.S. stocks climb to new highs ahead of inflation data, Fed decision
Investors push stocks to new heights ahead of inflation data and Federal Reserve's interest rate decision.
Dec 12 2023, 12:21
U.S. dollar weakens ahead of inflation data release, Fed meeting
Dec 12 2023, 12:21
China's new loans projected to rebound in November
Dec 12 2023, 12:21
Digital ruble takes step forward with new tax law ahead 2024 rollout
Dec 12 2023, 12:21
Mexican peso drops after inflation data fuels rate cut uncertainty
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 07 2023, 09:44
Bank of China pushing yuan for trade in Zambia, neighboring countries
The Bank of China is pushing for de-dollarization by advocating the use of yuan in trades with Zambia and its surrounding countries.
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.
Nov 27 2023, 14:18
Bank of England under fire over inaccurate inflation forecasts
The Lords Economic Affairs Committee has criticized the Bank of England for its lack of intellectual diversity and errors in its response to inflation.
Nov 27 2023, 14:13
Australia announces central bank overhaul plans with new bill
The Australian government is set to introduce legislation overhauling the nation's central bank.
Nov 24 2023, 13:41
Nigeria seeking to join BRICS, G20 to boost global influence
Nigeria aims to join BRICS, G20 for greater international recognition and participation.
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