Copyright Reuters. By Peter Nurse. Investing.com – The U.S. dollar weakened slightly in early European trading on Monday, dragged down by the U.S. authorization of a new coronavirus treatment, but the decline has been minimal as traders look for guidance on future U.S. monetary policy from the Federal Reserve’sRead More →
Liquidity at lower-rated European companies, many of which are owned by private equity, is worsening, Moody’s has warned, as the coronavirus crisis deepens and its impact spreads into previously resilient sectors. More than a third of businesses in the region are now rated B3-and-below compared with 28% at the endRead More →
U.S. stocks retreated at the start of trade Friday, reversing premarket gains after China announced retaliatory tariffs on U.S. imports, following the Trump Administration’s announcement of new import duties earlier this month. The move comes ahead of a highly anticipated speech from Jerome Powell at a gathering of central bankersRead More →
Asian markets mostly gained in early trading Friday as U.S. Federal Reserve officials prepare to meet in Jackson Hole, Wyoming. Fed Chairman Jerome Powell is scheduled to speak Friday morning to kick off the annual conference, and investors will be looking for the central bank’s thoughts about the chances ofRead More →
Stock futures drifted slightly lower Thursday as investors shifted their focus on the annual central-bank symposium in Jackson Hole, Wyo., which could provide investors insight about coming monetary policy after minutes from the Federal Reserve’s July 30-31 meeting offered few surprises and suggest that policy makers want to remain flexible.Read More →
George Frey/Getty Images There is a high risk that markets might be disappointed in the interest-rate policy signals that emanate from the Federal Reserve’s summer retreat in Jackson Hole late next week, economists say. Fed officials will gather with academics and foreign central bankers next Thursday in the Grand TetonsRead More →
BEIJING (AP) — Asian stock markets tumbled Wednesday as 2019 trading began, after surveys showed Chinese manufacturing weakening. Keeping score: The Shanghai Composite SHCOMP, -1.32% lost 1.1% to 2,465.29 and Hong Kong’s Hang Seng HSI, -2.47% fell 2.6% to 25,161.03. Japan’s markets were closed. Seoul’s Kospi SEU, -1.53% lost 1.3%Read More →
