Dollar drives higher as traders look to Fed clues from U.S. jobs data
The dollar clung to recent gains on Wednesday as virus woes raised concerns in a market already on edge ahead of U.S. jobs data seen as crucial to the Federal Reserve’s monetary policy outlook.
Growth stock comeback fuels Cathie Wood’s ARK funds
A more than 10% surge in growth stocks since the start of the quarter is fueling a comeback in star stock picker Cathie Wood’s ARK funds, which posted some of the worst declines among all U.S. equity funds over the first three months of the year.
Asian shares start on cautious note amid rise in COVID-19 cases
Asian shares got the week off to a cautious start on Monday as a spike in coronavirus cases across Asia over the weekend hurt investor sentiment while oil hovered around 2-1/2 year highs.
Asian stocks drop as Fed shift reverberates; Treasury yields slide
Asian stocks dropped on Monday as investors mulled the implications of a surprise hawkish shift last week by the U.S. Federal Reserve, while the Treasury yield curve flattened further with 30-year yields dropping below 2%.
Wall St Week Ahead Fed shift causes rally in value stocks to wobble
The Federal Reserve’s hawkish shift is forcing investors to reevaluate the rally in so-called value stocks, which have taken a hit in recent days after ripping higher for most of the year.
Oil falls amid dollar strength; demand picture still bullish
Oil prices fell for a second straight session on Friday as the U.S. dollar soared on the prospect of interest rate hikes in the United States, but they were on track to finish the week little changed and only slightly off multi-year highs.
Russia says EU carbon border tax may impinge on global trade rules
Russian Deputy Prime Minister Alexander Novak said on Thursday that the European Union’s plans to impose carbon emission costs on imports of goods may clash with the global trade rules and threaten the safety of energy supplies.
Stocks slide, yields jump as Fed projects earlier rate hikes
LONDON, June 16 (Reuters) – Markets were jostled Wednesday after U.S. Federal Reserve officials projected interest rate hikes sooner than expected, with stocks sliding and the dollar jumping on the news.
Shares in record-setting spree as Fed meeting looms
World stocks hit yet another record high on Tuesday, with European stocks poised for their longest winning streak since 2019 as investors bet likely “transitory” inflation pressures will stay the U.S. Federal Reserve’s hand from signalling a shift in policy settings.
Asian shares rise in early trade, investors eye Fed meeting
Asian shares rose early on Tuesday, tracking Wall Street higher, though investors looked to a much-anticipated Federal Reserve policy meeting to see if the central bank would signal any change to the U.S. monetary policy outlook.
