U.S. Markets News

Markets

The dollar edged down on the yen against a backdrop of simmering tensions on the Korean…
09.22 / 01:34
cnbc.com
Gold edged up from a four-week low as investors digested tensions between the United States and North…
09.22 / 01:34
cnbc.com
Oil prices held steady in early Asian trade as the market waited to see whether oil producers would extend supply…
09.22 / 01:34
cnbc.com
The United States lost its pristine AAA credit rating a year ago today, but you wouldn't know it by looking at the Treasury…
09.22 / 00:42
money.cnn.com
A small New York-based bank has filed a class action suit against 16 of the world's largest banks, charging that it was hurt by their alleged manipulation of the Libor interest…
09.22 / 00:42
money.cnn.com
Sweden's Telia (OTCPK:TLSNY) is going to pay almost $1B to settle long-running claims tied to an Uzbekistan bribery investigation that wrapped up a few telecoms. The company is paying $965M to U.S. and Dutch authorities after being charged with paying about $331M in bribes to Gulnara Karimova, the daughter of former Uzbek president Islam Karimov, for the purposes of entering that country's market and gaining telecom assets. The settlement brings an end to an "unfortunate…
09.21 / 23:46
seekingalpha.com
CVS says it will begin limiting the duration and dose of some prescriptions for opioid painkillers in an effort to combat the growing addiction problem. Troyen Brennan, CVS’s chief medical officer, tells WSJ the company will limit opioid prescriptions to seven days or less for certain patients with acute pain - a big change, since many CVS-covered patients with acute pain receive opioid prescriptions for 20 days or more - and limit patients with chronic pain to a maximum daily d…
09.21 / 23:46
seekingalpha.com
The dollar slid and Wall Street edged down as markets continued to digest the Fed's Wednesday…
09.21 / 23:44
cnbc.com
The Pound Sterling steadied on Thursday after the US Federal Reserve indicated a likely rate hike by year’s e…
09.21 / 22:58
dailyforex.com
The US Dollar was broadly higher and touched on a 2-month peak against the Japanese Yen after the Federal Reserve indicated that a December rate hike was still a…
09.21 / 22:58
dailyforex.com
The US dollar jumped higher across the board as the Fed remains set to raise rates in December. Yet as the hours pass by, at least EUR/USD is already halfway back from low support, trading around 1.1940, up from the lows of 1.1860. Why does the dollar fail to extend its gains? Here are four [...] The post Fading the Fed – 4 reasons to doubt the hikes and the dollar rise appeared first on Forex…
09.21 / 22:56
forexcrunch.com
AUD/USD is now trading at 0.7950 after a “dead cat bounce” off the support line of 0.7940. The pair seemed to have settled above 0.80 and even temporarily touched 0.81, but it fell quite quickly. The battle for the round number is going on for a few months. Each time that the pair seems to [...] The post AUD/USD just cannot hold onto 0.80 appeared first on Forex…
09.21 / 22:56
forexcrunch.com
EUR-USD reacted negatively to the relatively hawkish Fed decision and dropped to support. Can it last? The team at Danske has doubts. Here is their view, courtesy of eFXnews: Danske Research comments on today’s FOMC September decision noticing that markets interpreted it hawkishly by sending EUR/USD lower and US Treasury yields higher. “EUR/USD fell below [...] The post EUR/USD: Post-FOMC Dip To Prove Shallow Before A Recovery To 1.20 S/T – Danske appeared first on Forex…
09.21 / 22:56
forexcrunch.com
By Dean Popplewell September 21: Five things the markets are talking about The Fed's decision to leave the benchmark interest rate unchanged was entirely anticipated yesterday, but their 'hawkish' forecast for where rates will be at the end of the year caught some of the market by surprise. As expected, the Fed announced its balance sheet runoff plan would start next month, while keeping its options open on a potential December rate hike. After the announcement the US Treasury curve…
09.21 / 22:45
seekingalpha.com
The market has mostly interpreted the Fed's action in line with our thinking. Despite the lowering of the long-run Fed Funds rate, shifting one of the three hikes from 2019 into 2020 and recognizing that the weaker price impulses are somewhat mysterious, the Fed clearly signaled its bias toward hiking rates one more time this year and three next year. The long-term Fed Funds rate has trended lower. In March 2015, it was thought by the Fed's dot plots to be near 3.75%. A year later it…
09.21 / 22:45
seekingalpha.com
The dollar climbed against other major currencies on Thursday, after the Federal Reserve signaled the possibility for an additional rate hike before the end of the year and began winding down its stimulus program. As expected, the Fed left interest rates unchanged at the conclusion of its two-day policy meeting on Wednesday. However, the central bank indicated that one more interest rate hike is likely this year, even though it reduced its outlook for inflation from 1.7% this year to 1.5%,…
09.21 / 22:45
seekingalpha.com
Apple, Facebook, Amazon, Netflix and Google are often grouped together, but the FANG+ stocks are flashing mixed…
09.21 / 22:45
investors.com
The stock market closed lower as the Dow Jones industrial average snapped its nine-day winning…
09.21 / 22:45
investors.com
Major indexes remained moderately lower in late-afternoon trading Thursday in the wake of the Federal Reserve's decision to begin reducing its massive bond and mortgage…
09.21 / 22:45
investors.com
The stock market was under mild selling pressure in afternoon trading Thursday, one day after Wall Street interpreted the Fed to be overall…
09.21 / 22:45
investors.com