Economic events
Hong Kong stocks lead gains in Asia on hopes of de-escalation in U.S.-China tensions
The view of Nanjing Road East Pedestrian Mall, the main shopping street in Shanghai. Bruce Yuanyue Bi | The Image Bank | Getty Images Asia-Pacific markets climbed Wednesday, after all three key benchmarks on Wall Street advanced overnight on optimism that U.S.-China trade tensions could ease. This comes after U.S. President Donald Trump indicated that […]
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This ultimate global safe haven benefiting from the dollar’s downfall is up 11% this year
As the U.S. dollar slides and the stock market whipsaws, investors are pilling into the Swiss franc. The currency, long considered a safe haven for traders in search of respite from the current market volatility, has seen upward pressure as the greenback struggled. Compounding concerns about the state of U.S. economy and President Donald Trump’s […]
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10-year Treasury yield slips on a lack of progress on global trade negotiations
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., April 21, 2025. Brendan McDermid | Reuters The yield on the 10-year U.S. Treasury slipped on Tuesday as investor sentiment remained under pressure from stalled developments in global trade. The benchmark 10-year Treasury yield was 1 basis point […]
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CNBC Daily Open: Investors grow wary of U.S. assets as Trump intensifies attacks on Powell
U.S. President Donald Trump speaks as he meets with Italian Prime Minister Giorgia Meloni (not pictured) in the Oval Office at the White House in Washington, D.C., U.S., April 17, 2025. Evelyn Hockstein | Reuters Yesterday’s edition of this newsletter cautioned that U.S. President Donald Trump’s desire to intervene in the Federal Reserve, as he […]
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As the dollar falters, the world’s central banks tread a tightrope — devalue their currency or not
U.S. one hundred dollar bills. Nurphoto | Nurphoto | Getty Images The dollar has been sliding and the ripple effect on other currencies has brought a mix of relief and headache to central banks around the world. Uncertainty about U.S. policymaking has led to a flight out of the U.S. dollar and Treasurys in recent […]
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Asia-Pacific markets trade subdued after Trump’s attack on Fed chair sends Wall Street tumbling
Bank of Japan likely to pause rate hikes in May, says Moody’s Analytics The Bank of Japan is likely to pause rate hikes in its May meeting in part due to market uncertainty and softer inflation, said Moody’s Analytics. “The Bank of Japan looks set to hold its fire at its upcoming policy meeting, with […]
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CNBC Daily Open: Trump’s threat to intervene in Fed could cause upheaval
The Marriner S. Eccles Federal Reserve building in Washington, DC, U.S., on Feb. 27, 2024. Morah Ratner | Bloomberg | Getty Images An independent central bank is seen by most (including this newsletter) as the bedrock of a functional economy. Officials steer the economy by calibrating the benchmark interest rate on which bank loans and […]
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Asia-Pacific markets trade mixed as China keeps benchmark lending rates steady
A Chinese flag flies high over The Bund. Liu Liqun | Corbis Documentary | Getty Images Asia-Pacific markets traded mixed Monday as China’s central bank held rates at a time when the yuan has come under pressure due to Beijing-Washington trade tensions. Mainland China’s CSI 300 rose 0.38% after the People’s Bank of China kept its key […]
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CNBC Daily Open: Trump’s desire to intervene in Fed could cause chaos
The Marriner S. Eccles Federal Reserve building in Washington, DC, U.S., on Thursday, Sept. 12, 2024. Stefani Reynolds | Bloomberg | Getty Images An independent central bank is seen by most (including this newsletter) as the bedrock of a functional economy. Officials steer the economy by calibrating the benchmark interest rate on which bank loans […]
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Japan markets trade flat as investors parse key inflation data
View of the Skytree from Ueno and Asakusa in Tokyo Jackal Pan | Moment | Getty Images Japan markets traded flat with most markets in the region closed for Good Friday. Japan’s Nikkei 225 inched up 0.01% after the country’s inflation grew 3.6% year on year in March, marking three straight years that the headline […]
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