Dollar to remain steadfast in coming months, say FX strategists: Reuters poll
By Indradip Ghosh BENGALURU The U.S. dollar will hold its ground against most major currencies over the coming
2023-08-03 08:55
Bank of England May Slow Pace of UK Rate Hikes
The Bank of England is likely to boost interest rates again on Thursday, but a slowing in the
2023-08-03 07:29
Fitch Downgrades Fannie Mae and Freddie Mac One Notch to AA+
Fitch Ratings downgraded the credit scores of Fannie Mae and Freddie Mac to AA+ from AAA, a day
2023-08-03 07:25
Asia Stocks to Fall as US Shares, Treasuries Drop: Markets Wrap
Asian equity futures fell after heavy selling in US stocks and long-dated Treasuries as investors digested data showing
2023-08-03 06:58
Brazil Kicks Off Easing Cycle With Surprise Half-Point Interest Rate Cut
Brazil’s central bank lowered its benchmark interest rate by a larger-than-expected 50 basis points and said future cuts
2023-08-03 06:16
Hunter Biden Made Millions Amid ‘Nonstop Debauchery’
Hunter Biden earned more than $4 million from a Ukrainian energy company, a Chinese private equity firm and
2023-08-03 04:57
Fitch’s US Downgrade Is Stoking the Very Fight It Warned Against
Washington’s hostile political factions quickly took up Fitch Ratings’ downgrade of US government debt as a new weapon
2023-08-03 03:59
Litecoin’s Halvening Price Drop Is No Proxy for Bitcoin Next Year
Litecoin, the world’s 11th-biggest cryptocurrency, saw its price slide on Wednesday after it went through a so-called halvening,
2023-08-03 03:56
Dimon Calls Higher US Capital Rules ‘Hugely Disappointing’
JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon called new plans for more stringent capital rules “hugely
2023-08-03 03:53
Wells Fargo to Tap Corporate Bond Market Despite US Credit Downgrade
A handful of borrowers, including Wells Fargo & Co., are selling fresh debt in the US investment-grade bond
2023-08-03 03:26
Bonds Are Useless Hedge for Stock Losses as Correlation Jumps
Treasuries haven’t been this ineffective as a stock hedge since the 1990s. Historically, Treasuries tend to rally when
2023-08-03 02:24
Fitch Says US Fiscal Metrics and Governance Spurred Credit-Rating Cut
Weakening US fiscal metrics and governance, highlighted by political wrangling over the debt ceiling, were at the heart
2023-08-03 01:50