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Source: Live Mint By Sinéad Carew and Marc Jones NEW YORK/LONDON (Reuters) -Global equities were slightly higher on Thursday, with Wall Street outperforming, while the dollar and Treasury yields also gained after the United States and United Kingdom outlined a trade deal, fueling hopes for compromises with other countries. Cryptocurrencies were also bolstered by the…
Source: Live Mint (This story has been refiled to say ‘unwinding,’ instead of ‘winding,’ in paragraph 4) NEW YORK (Reuters) -The U.S. dollar weakened against major currencies, including the yen and the euro, on Monday as markets weighed continued uncertainty from President Donald Trump’s tariff policies and their impact on the economy. The greenback slid…
Source: Live Mint By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The U.S. dollar fell on Friday, but trimmed losses against the euro and yen, after data showed the world’s largest economy added more new jobs than expected last month, reflecting a labor market that remained on stable footing. Gains in the greenback came after rising…
Source: Live Mint April 25 – There is a much higher risk of stagflation than recession in the U.S. economy over the next year, while the asset class most expected to outperform in 2025 is cash, according to the results of a JPMorgan survey published on Friday. The trade war started by the U.S. administration…
Source: Live Mint Canadian dollar gains 0.7% against the greenback For the week, the loonie adds 2.4% Investors see 60% chance BoC pauses rate hikes 10-year yield touches highest since January 24 TORONTO, – The Canadian dollar strengthened to a five-month high against its U.S. counterpart on Friday as the erratic nature of U.S. trade…
Source: Live Mint NEW YORK (Reuters) -U.S. Treasury yields rose to a two-month high on Friday and 10-year yields were on track for their biggest weekly increase in decades, while the U.S. dollar fell, as a turbulent week drew to a close. U.S. stock indexes rose more than 1%, with bank shares rising following mostly…
Source: Live Mint China calls tariff escalation “blackmail” Focus on Wednesday’s Fed minutes Palladium rises more than 1% April 8 – Gold prices rose back above $3,000 per ounce on Tuesday as a weaker U.S. dollar and escalating trade tensions between the world’s two largest economies lifted demand for the safe-haven asset. Spot gold was…
Source: Live Mint By Laura Matthews and Yadarisa Shabong – The euro and the Japanese yen soared against the dollar on Thursday, as investors grappled with how U.S. President Donald Trump’s far-reaching tariffs will impact global trade and economic growth. Investors continue to flock to safe-haven units such as the yen and Swiss franc as…
Source: Live Mint By Chibuike Oguh and Yadarisa Shabong NEW YORK (Reuters) -The U.S. dollar edged higher against major currencies including the yen and the euro on Wednesday as data showed a slowdown in inflation although simmering trade tensions will continue to weigh on markets. A trade brinkmanship between the U.S. and its trading partners,…
Source: Live Mint Canadian dollar gains 0.2% against the greenback Touches its weakest since March 4 at 1.4521 Investors expect BoC rate cut on Wednesday 10-year yield rises 2.1 basis points TORONTO, – The Canadian dollar recovered from an earlier one-week low against its U.S. counterpart on Tuesday as American and Canadian officials agreed to…
