Investors cautious ahead of U.S. Jobs data
Non-farm payrolls shake up markets, here are the top 3 scenarios of what could happen.
Dollar despairs on hawkish central banks, Asia stocks join global slump
30 Jun 2017 09:35 AM |By Reuters : The dollar extended its losses on Friday as major central banks signalled that the era of cheap money was coming to an end in a boon to sterling, the euro and the Canadian dollar, while Asian shares were hit by dismal performances of European and U.S. markets.
Mixed messages from Bank of England confuse markets but push sterling above $1.30
29 Jun 2017 04:48 PM |By CNBC : A slightly more hawkish tone from Bank of England (BOE) Governor Mark Carney on Wednesday has prompted the U.K. currency to move back above the psychologically critical $1.30 mark in Thursday's session.
Senate Republicans struggle to salvage healthcare effort
29 Jun 2017 12:41 PM |By Reuters : The top U.S. Senate Republican struggled on Wednesday to salvage major healthcare legislation sought by President Donald Trump, meeting privately with a parade of skeptical senators as critics within the party urged substantial changes.
Dollar upended by rates reversal, stocks unfazed for now
29 Jun 2017 09:20 AM |By Reuters : The dollar shuddered to its lows for the year on Thursday as a drumbeat of hawkish comments from major central banks signaled the era of easy money might be coming to an end for more than just the United States.
Wall St. higher as banks, consumer stocks rise
28 Jun 2017 05:54 PM |By Reuters : Wall Street was higher in late morning trading on Wednesday as financial and consumer stocks led a broad rally among the major sectors.
Oil stays below $47 as U.S. inventory report revives glut worries
28 Jun 2017 01:38 PM |By Reuters : Oil edged lower toward $47 a barrel on Wednesday after an industry report said U.S. inventories increased, reviving concerns that a three-year supply glut is far from over.
Asia stocks pressured as Wall St. hit by healthcare vote delay
28 Jun 2017 09:18 AM |By Reuters : Asian shares slumped on Wednesday after Wall Street was knocked hard in the wake of a delay to a U.S. healthcare reform vote, while the euro rallied after European Central Bank President Mario Draghi hinted that the ECB could trim its stimulus this year.
Bank of England raises capital requirements for UK banks by $14.5 billion
27 Jun 2017 01:17 PM |By CNBC : The Bank of England has told British banks to rise capital requirements for banks in case of an economic downturn.
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