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Japan stocks FOMO is luring investors back
Japan stocks FOMO is luring investors back
2023-06-15
Japan’s Nikkei 225 Stock Average has doubled since its pandemic low as investors continue to rush into one of this year’s biggest stock rallies.
The Swiss franc trounces its rival in a volatile year
The Swiss franc trounces its rival in a volatile year
2023-06-14
The yen has sunk to historic lows against the Swiss franc last month as Japan’s chronic trade deficits diminish its currency’s safe-haven status.
Turkish lira sinks to record low after Erdogan victory
Turkish lira sinks to record low after Erdogan victory
2023-05-29
The Turkish lira sank to a fresh record low Monday as incumbent Recep Tayyip Erdogan secured his victory in the 2023 presidential election, extending his rule into a third decade in power.
Improving economic outlook clouds the Fed’s path
Improving economic outlook clouds the Fed’s path
2023-05-19
The Fed signaled that it could pause rate hikes after May’s meeting, so investors become convinced that the dollar is near its tipping point and the Fed will cut rates by the end of this year.
Lira traders brace for more volatility on runoff election
Lira traders brace for more volatility on runoff election
2023-05-15
Erdoğan faced his toughest campaign since 2002 as the vote could go to a second round for the first time since Turkey switched to an executive presidency in 2017.
Sterling bears surrender as U.K. economy defies doomsayers
Sterling bears surrender as U.K. economy defies doomsayers
2023-05-10
GBP/USD was trading at 1.2618 on Tuesday, close to the 1.2688 it hit on Monday, its highest level since April 2022. EUR/GBP fell to 0.8698, the lowest level since mid-December.
The Fed’s thorough rethink on rate hike? Don’t bet on it.
The Fed’s thorough rethink on rate hike? Don’t bet on it.
2023-05-10
SVB failure is still reverberate across global markets as a big wake-up call for policymakers that have been taking a hard line on inflation.
​S&P 500 knocked down below 4,000 by Powell’s warning of bigger interest rate hikes
​S&P 500 knocked down below 4,000 by Powell’s warning of bigger interest rate hikes
2023-05-10
​Federal Reserve Chair Jerome Powell dropped another bomb in his testimony to Congress on Tuesday, suggesting more hikes than previously anticipated might be needed to combat inflation.