Asian stocks follow Wall Street’s downward path in wake of Fed warning on rate-hike outlook
admin BANGKOK (AP) — Asian shares skidded Thursday after a retreat on Wall Street as markets…
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$3,000 gold and more outrageous market predictions investors shouldn’t brush aside.
Monday served as another smackdown for investors who are banking on a Goldilocks economy and…
Read MoreBank of Japan’s Kuroda again cautions against sharp yen weakness
Bank of Japan Gov. Haruhiko Kuroda on Monday reiterated his caution about rapid yen USDJPY,…
Read MoreBonds head for biggest one-day rally in more than a decade after October’s downside inflation surprise
Investors cheered one of the few pieces of good news about U.S. inflation in the…
Read MoreDow soars more than 1,000 points for first time since 2020 as investors cheer cooling U.S. inflation
U.S. stocks were on track for their biggest daily gain since 2020 as the Dow…
Read MoreU.S. Treasury says currency-market intervention should be reserved for ‘very exceptional circumstances’ in response to Japan’s September move
The U.S. Treasury Department on Thursday said it expects currency-market interventions, like Japan’s in September,…
Read MoreJapan’s finance minister concerned about gradual weakening of yen
Japanese Finance Minister Shunichi Suzuki on Wednesday showed a broader concern about the yen’s weakness,…
Read MoreJapan’s ‘broken’ monetary policy may be on its last legs. What are the risks for global markets if it capitulates?
When the Bank of Japan meets later this week, investors will be watching closely for…
Read MoreJapan govt will take action in forex market when needed, finance minister says
TOKYO–Japanese Finance Minister Shunichi Suzuki, responding to recent sharp weakness in the yen, said Monday…
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Opinion: Biden is undermining Powell’s efforts to curb inflation
Appropriating language from Paul Volcker, Federal Reserve Chairman Jerome Powell has pledged to “keep at…
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