Don’t look for gold to hedge a falling dollar. That may be a surprise since gold GC00, +0.54% is often the first asset that investors think of when wanting to hedge against currency devaluation. Gold’s reputation has been strongly reinforced since mid-May, as the U.S. Dollar Index DXY, +0.04%Read More →
Asian markets rose in early trading Thursday, showing no significant reaction after China’s central bank set the yuan’s midpoint at its weakest level since 2008. The People’s Bank of China early Thursday set the yuan’s reference point at 7.0039 against one U.S. dollar. Still, it was not as weak asRead More →
Advanced Micro Devices Inc. is about to get its turn to show if it was affected by problems in the chip market, or if it was able to capitalize on the weakness and siphon off market share from larger rival Intel Corp. AMD AMD, +0.80% is scheduled to report first-quarterRead More →
