The dollar climbed against major peers on Monday, reaching a four-month high versus the euro, as traders positioned for an earlier tapering of Federal Reserve stimulus.
An unexpectedly strong jobs number for July has bolstered the case for investors who believe Treasury yields will head higher over the rest of the year, potentially weighing on an equity rally that has taken stocks to record highs.
S&P Global has downgraded the ratings of heavily indebted developer China Evergrande Group (3333.HK) and its subsidiaries, citing an escalating risk of non-payment of debt, its second downgrade in less than two weeks.
Corteva Inc (CTVA.N) on Thursday raised its net sales forecast for the year after strong demand for crop protection products such as herbicides and insecticides helped the agricultural company beat estimates for the second quarter.
Japan’s economy likely recovered slightly in the second quarter from a steep slump at the start of the year, a Reuters poll showed, as solid exports and capital expenditure cushioned some of the blow to consumption from the coronavirus pandemic.
The dollar was supported on Friday in the lead up to the release of U.S. employment data, as markets braced for the numbers that could make the case for faster U.S. policy tightening at a time when action in Europe and Japan remains distant.
U.S. stocks and oil prices rebounded sharply on Thursday as unemployment claims declined and the trade deficit widened – positive economic data in the face of rising COVID-19 cases and signals of declining Federal Reserve stimulus.
Wall Street jumped on Thursday as U.S. unemployment claims declined further last week, while a drop in shares of health insurer Cigna dragged healthcare stocks lower.
In late 2020, when Ugandan President Yoweri Museveni faced a fresh challenge to his 35-year rule, a new tool helped to silence his critics: anti-money laundering legislation promoted by the G7.
The Czech crown and the Hungarian forint will extend gains in the coming year as their central banks hike rates to curb inflation during the post-pandemic economic recovery, a Reuters poll showed on Thursday.
The dollar climbed against major peers on Monday, reaching a four-month high versus the euro, as traders positioned for an earlier tapering of Federal Reserve stimulus.
An unexpectedly strong jobs number for July has bolstered the case for investors who believe Treasury yields will head higher over the rest of the year, potentially weighing on an equity rally that has taken stocks to record highs.
S&P Global has downgraded the ratings of heavily indebted developer China Evergrande Group (3333.HK) and its subsidiaries, citing an escalating risk of non-payment of debt, its second downgrade in less than two weeks.
Corteva Inc (CTVA.N) on Thursday raised its net sales forecast for the year after strong demand for crop protection products such as herbicides and insecticides helped the agricultural company beat estimates for the second quarter.
Japan’s economy likely recovered slightly in the second quarter from a steep slump at the start of the year, a Reuters poll showed, as solid exports and capital expenditure cushioned some of the blow to consumption from the coronavirus pandemic.
The dollar was supported on Friday in the lead up to the release of U.S. employment data, as markets braced for the numbers that could make the case for faster U.S. policy tightening at a time when action in Europe and Japan remains distant.
U.S. stocks and oil prices rebounded sharply on Thursday as unemployment claims declined and the trade deficit widened – positive economic data in the face of rising COVID-19 cases and signals of declining Federal Reserve stimulus.
Wall Street jumped on Thursday as U.S. unemployment claims declined further last week, while a drop in shares of health insurer Cigna dragged healthcare stocks lower.
In late 2020, when Ugandan President Yoweri Museveni faced a fresh challenge to his 35-year rule, a new tool helped to silence his critics: anti-money laundering legislation promoted by the G7.
The Czech crown and the Hungarian forint will extend gains in the coming year as their central banks hike rates to curb inflation during the post-pandemic economic recovery, a Reuters poll showed on Thursday.
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