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US Dollar remains close to 20-year high as Central Banks tighten policies

Most Asian shares dropped while Wall Street futures slightly rose today, Monday, as investors worry about tightening monetary policy pushing economies into recession. Chinese blue chips rose 0.5% as they were possibly boosted by news that President Joe Biden could be removing some tariffs on China. Foreign Currency News The

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US Dollar Weaker, Other Currencies, Oil, Gold Rise

The US Dollar and US Treasuries retreated during the Asian session, today, Monday. Asian stocks traded mixed and were under pressure as China’s Covid lockdowns spark worries about the growth and outlook of one of the world’s biggest economies. Equities in Japan experienced a slight rise, Chinese tech stocks slid
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Stocks & Oil Down as China Data Fall Short

Asian stock markets fell, and oil prices dropped after the release of China’s disappointing economic data exposed how much lockdowns have harmed the world’s second largest economy. China’s April retail sales slid 11.1% on the year. Industrial output fell 2.9% in contrast to analysts’ expectations of an increase. The figures
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US Dollar Rises, Stock Markets Decline on Economic Growth Concerns

Stocks extended their losses and the US dollar climbed to 20-year highs today, Monday. The Asian stocks’ fall, and US stock futures’ decline was spurred by a “fresh” round of risk aversion emerging from high inflation, rate hikes, and economic slowdown concerns. US Federal Reserve The US Fed increased its

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Fed Rate Hike Expectations Push US Dollar Higher

US companies’ earnings have been mixed, the US dollar strengthens, oil and gold are dropping as investors expect the Fed to raise interest rates to curb inflation. In the meantime, the war in Ukraine and lockdowns in China keep looming over the markets affecting investors’ sentiment. Stock Markets Mixed financial
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US dollar stronger as investors weigh inflation, lockdowns, war

Investors’ sentiment continues to be affected by the Fed’s hawkish attitude, the Russian invasion-related commodity disruption, the possibility of an economic slowdown, and China’s lockdowns which threaten to further intensify supply-chain disruptions while further fueling inflation risks. US Treasuries US treasuries, stocks, and US equity futures fell today, Monday as

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US Markets Could Open Lower as Oil & Gold Rise

US equity, S&P 500, Nasdaq and EUROSTOXX 50 futures slipped. Meanwhile, Hong Kong stocks surged as the city eased restrictions to contain the spread of the coronavirus. Fighting in Ukraine continues, and investors are watching closely for a peace deal. On Sunday, Turkey’s foreign minister stated that he was hopeful
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New COVID-19 variant Rocks the Global Stock Markets, Bitcoin Recovers

Global stocks went down on Monday, U.S. equity futures went up, Bitcoin is on the rise, oil increased 4%, as investors are pondering the economic implications of Omicron, a new coronavirus strain, that put nations around the world on alert. Tightened border controls and other measures against the spreading of