DXY US Dollar Currency Index
South Korean won falls sharply against the U.S. dollar after president declares martial law
A television screen shows a news broadcasting of South Korean President Yoon Suk Yeol delivering a speech on emergency martial law, in Goyang, northwest of Seoul, on December 3, 2024. Jung Yeon-je | Afp | Getty Images South Korea’s won on Tuesday fell sharply against the U.S. dollar shortly after President Yoon Suk Yeol declared […]
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Asia-Pacific markets rise as investors await key economic readings from the region
A heavy traffic jam with many cars on the road in Chaoyang district in Beijing, China. Sw Photography | Digitalvision | Getty Images Asia-Pacific markets kick-started a data-heavy week higher, with investors awaiting economic readings from several countries, including Japan, South Korea and China. Over the weekend, China released its official purchasing managers’ index reading […]
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Here’s why Americans traveling to Europe may find bargains in 2025
Oscar Wong | Moment | Getty Images Euro is expected to hit parity with the dollar Economists expect the euro to fall to or even below parity with the U.S. dollar next year. That would mean the currencies had a 1:1 exchange rate. The euro is used by 20 of the 27 nations in the […]
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Asia markets to open mostly lower as traders assess Tokyo inflation, South Korea manufacturing data
People crossing street in Tokyo’s busy Akihabara downtown area Leopatrizi | Istock | Getty Images Asia-Pacific markets were set to start Friday largely lower with investors assessing November inflation numbers from Japan’s capital of Tokyo and industrial production figures from South Korea. The headline inflation rate in Tokyo came in at 2.6%, a rebound from […]
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CNBC’s Inside India newsletter: The causes and costs of India’s brain drain
This report is from this week’s CNBC’s “Inside India” newsletter which brings you timely, insightful news and market commentary on the emerging powerhouse and the big businesses behind its meteoric rise. Like what you see? You can subscribe here. Four years ago, Keshav Raj graduated with a degree in computer science from the prestigious SRM Institute […]
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Asia markets open mixed after Wall Street rally stalls; Bank of Korea rate decision in focus
A general view of the Lotte tower amid the the Seoul city skyline and Han river during sunset. Ed Jones | Afp | Getty Images Asia-Pacific markets opened mixed on Thursday after Wall Street rally stalled overnight even as inflation data came in line with expectations. The U.S. personal consumption expenditure price index, or PCE, […]
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Asia markets to open mixed even as Wall Street notches fresh records
The full moon, otherwise known as a strawberry supermoon, is seen over the Skyline of the CBD in Sydney, Australia June 15, 2022. Steven Saphore | Anadolu Agency | Getty Images Asia-Pacific markets opened mixed on Wednesday, following gains on Wall Street that saw the S&P 500 and the Dow Jones Industrial Average reach new intraday and closing records. […]
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What Trump’s pick for Treasury secretary could mean for global markets
Scott Bessent speaks at the National Conservative Conference in Washington D.C., Wednesday, July 10, 2024. Dominic Gwinn | Afp | Getty Images Financial markets on Monday welcomed President-elect Donald Trump’s pick for U.S. Treasury secretary, with currencies across the globe rallying on hopes that hedge fund manager Scott Bessent can take some of the sting […]
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Asia markets kickstart data-heavy week on strong note with Aussie stocks hitting record highs
The full moon, otherwise known as a strawberry supermoon, is seen over the Skyline of the CBD in Sydney, Australia June 15, 2022. Anadolu Agency | Anadolu Agency | Getty Images Asia-Pacific markets rose Monday, with investors awaiting a slew of economic data this week including Korea central bank’s rate decision and India’s third-quarter GDP […]
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Asia markets jump as investors assess Japan inflation data; Singapore GDP growth tops estimates
The Tokyo Tower, left, and commercial and residential buildings in Minato district of Tokyo, Japan, on Saturday, Oct. 1, 2022. Photographer: Akio Kon/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images Asia-Pacific markets rose Friday, tracking a rally on Wall Street that saw the S&P log gains for a fourth straight day. Investors in […]
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