Currency markets
Asia markets mostly rise as Dow tops 48,000 for first time; traders eye U.S. government reopening
View of the Skytree from Ueno and Asakusa in Tokyo Jackal Pan | Moment | Getty Images Asia-Pacific markets mostly rose Thursday, following mixed trading on Wall Street as investors kept an eye on the U.S. government, which appeared poised to reopen as soon as the end of the week. Japan’s benchmark Nikkei 225 index […]
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British assets volatile as cooling labor market adds pressure to Bank of England and Finance Minister Reeves
Millennium Wheel And Skyline At Sunset. London, England. Design Pics Editorial | Universal Images Group | Getty Images U.K. assets were volatile in morning trade on Tuesday, as investors weighed the economic impact of a weakening labor market ahead of a critical budget and the final interest rate decision of the year. Data released by […]
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Asia-Pacific markets set to open mixed after Wall Street gains on revived AI trade
A landscaped Sunset shot over Osaka toward the Dojima River, we see the modern city skyline of Osaka in the shot, this is a beautiful shot of the sunset with beautiful orange colors, over the modern city. ©Fitopardo | Moment | Getty Images Asia-Pacific markets were set to open mixed Tuesday, after Wall Street gained […]
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Asia-Pacific markets set to open lower, tracking Wall Street losses as AI stocks resume slump
View of the central business district skyline at sunset in Beijing, China. Sheng Peng | Visual China Group | Getty Images Asia-Pacific markets were set to open lower Friday, tracking Wall Street declines on persistent concerns over lofty valuations in artificial intelligence stocks. Shares of major AI companies fell Thursday stateside, weighing down on the […]
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Asia-Pacific markets rise, tracking Wall Street gains as AI stocks rebound
Hong Kong Skyline Nikada | E+ | Getty Images Asia-Pacific markets rose Thursday, tracking Wall Street gains after AMD’s third-quarter earnings beat lifted artificial intelligence stocks. Investors in the region are looking to Chinese autonomous vehicle firms WeRide and Pony.ai‘s market debut in Hong Kong later in the day. Both companies are already listed in […]
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Asia-Pacific markets fall, tracking Wall Street declines on concerns over U.S.-China trade relations
Asia-Pacific markets fell Thursday, tracking Wall Street’s declines on concerns about U.S.-China trade relations. Trade fears resurfaced after Reuters reported Wednesday stateside that the Trump administration is considering curbs on exports to China that are made with U.S. software, citing a U.S. official and three people briefed by U.S. authorities. The sources said that the plan, […]
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Argentine peso hits fresh lows despite U.S. support — and it could be about to get worse
The Argentine peso reached fresh lows on Wednesday as political uncertainty failed to offset the impact of an an “unprecedented” billion-dollar support package from U.S. The currency reached its lowest level since the U.S. began purchasing it on Oct. 9, and has consistently fallen since then. The purchases are part of an effort from the […]
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Japan’s Nikkei 225 hits new record with Takaichi all set to become prime minister
TOKYO, JAPAN – JULY 27: Pedestrians and shoppers walk through the Akihabara area on July 27, 2023 in Tokyo, Japan. Japan’s core consumer price index climbed by 3.3% in June, outpacing the US figure for the first time in eight years as the Bank of Japan holds its monetary policy meeting on July 27 and […]
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These fund managers are betting against sterling as fears grow over UK outlook
A number of asset managers are betting that the pound will tumble in value as the U.K. wrestles with faltering growth and Finance Minister Rachel Reeves confronts a looming fiscal headache in next month’s budget. Candriam is positioned short against the pound, with Nicolas Jullien, Candriam’s global head of fixed income, highlighting the U.K.’s challenging […]
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Swiss government slashes growth outlook as Trump tariffs put ‘heavy burden’ on economy
Untere Schleuse wooden bridge in Thun, Switzerland. Education Images | Universal Images Group | Getty Images Switzerland’s government on Thursday cut its 2026 economic forecast for the country, citing the Trump administration’s punitive tariffs as a “heavy burden” on its industries. Officials held their forecast for the Swiss economy to expand by 1.3% this year, […]
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