Category: wrap
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US Stock Futures Post Modest Gains After PCE Data: Markets Wrap
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(Bloomberg) — U.S. futures rose slightly after long-awaited economic data highlighted a slowing economy and boosted bets on further interest rate cuts by the Federal Reserve. Most read from Bloomberg Contracts on the S&P 500 rose 0.1% after the underlying index reached its 42nd highest closing level this year. The…
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ForexLive European FX news wrap: China uplifts broader markets; SNB cuts, dollar sluggish
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Headlines: Markets: AUD advances, USD lags during the day European stocks rise; S&P 500 futures up 0.8% The yield on the 10-year US Treasury note fell 0.9 basis points to 3.771%. Gold rises 0.8% to $2,678.03 West Texas Intermediate crude fell 2.8% to $67.77. Bitcoin price rises 1.3% to $64,330…
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ForexLive European FX news wrap: China uplifts broader markets; SNB cuts, dollar sluggish
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Headlines: Markets: AUD advances, USD lags during the day European stocks rise; S&P 500 futures up 0.8% The yield on the 10-year US Treasury note fell 0.9 basis points to 3.771%. Gold rises 0.8% to $2,678.03 West Texas Intermediate crude fell 2.8% to $67.77. Bitcoin price rises 1.3% to $64,330…
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Stocks Rally With Asia as China Pledges Fiscal Aid: Markets Wrap
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(Bloomberg) — European stocks and U.S. stock futures rose, tracking gains in Asia after China pledged fiscal stimulus, and technology shares rose. Most Read from Bloomberg Europe’s Stoxx 600 index rose 1% and Nasdaq 100 futures advanced after a strong revenue outlook from Micron Technology Inc. sent the stock higher…
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Stocks Rally With Asia as China Pledges Fiscal Aid: Markets Wrap
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(Bloomberg) — European stocks and U.S. stock futures rose, tracking gains in Asia after China pledged fiscal stimulus, and technology shares rose. Most Read from Bloomberg Europe’s Stoxx 600 index rose 1% and Nasdaq 100 futures advanced after a strong revenue outlook from Micron Technology Inc. sent the stock higher…
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Stocks Rally Stalls as Consumer Sentiment Hit: Markets Wrap
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(Bloomberg) — U.S. stocks fell after consumer confidence unexpectedly fell to a three-year low, while bonds came under pressure ahead of a Treasury auction on Tuesday. Most Read from Bloomberg The S&P 500 fell 0.2% — the benchmark stock index had a record close in the previous session. The Nasdaq…
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ForexLive Asia-Pacific FX news wrap: Gold hits a new record high
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High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…
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Forexlive Americas FX news wrap 20 Sep: The week comes to s close with the USD mostly up.
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Today’s economic data focused on Canada where retail sales rose by a stronger-than-expected 0.9% but prices were lower than forecast. In the US, two days after the Federal Open Market Committee cut interest rates by 50 basis points, Waller, a more hawkish member, spoke on CNBC. His comments were seen…
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Stocks Extend Rally, Yen Gains as BOJ Holds Rate: Markets Wrap
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(Bloomberg) — Asian shares extended a rally in global equity markets after jobs data supported the view that the U.S. economy is headed for a soft landing. The yen rose after the Bank of Japan left interest rates unchanged. Most Read from Bloomberg MSCI Asia Pacific Index rose as shares…
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Asian Equities Brace for Fed Effect, Yen Slips: Markets Wrap
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(Bloomberg) — Asian stocks braced for tailwinds from a half-percentage-point interest-rate cut by the U.S. Federal Reserve and signs of more monetary policy easing in the coming months. Most Read from Bloomberg Japanese stock futures rose, while U.S. index futures rose, largely erasing Wednesday’s losses. The S&P 500 initially hit…
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Forexlive Americas FX news wrap 18 Sep: Fed starts rate cuts with a 50 bp cut
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The Fed started its easing cycle by cutting interest rates by 50 basis points. The Fed has “reset” its monetary policy stance away from a period when inflation was high and employment was low. Now the baseline is that inflation is stable, and employment is not that low. The Fed…
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Stocks Fluctuate With Fed Decision Coming Shortly: Markets Wrap
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(Bloomberg) — Stock markets fell amid uncertainty over how aggressively the Federal Reserve will cut interest rates after keeping them at a two-decade high for more than a year. Most Read from Bloomberg The S&P 500 was little changed after briefly surpassing an all-time closing high earlier this week. Treasury…
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ForexLive European FX news wrap: Sterling up after UK CPI, markets mixed awaiting Fed
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Headlines: Markets: NZD advances, USD lags during the day European stocks lower; S&P 500 futures up 0.1% US 10-year Treasury yields rise 2.8 basis points to 3.677% Gold rises 0.4% to $2,578.75 West Texas Intermediate crude fell 0.9% to $69.22. Bitcoin down 0.7% to $59,913 It’s all about the countdown…
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ForexLive Asia-Pacific FX news wrap: Awaiting the Federal Open Market Committee (FOMC) cut
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High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…
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Forexlive European FX news wrap 17 September – German ZEW falls to a 10 month low
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High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…
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European Stocks Rise With Data in Focus Before Fed: Markets Wrap
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(Bloomberg) — European stocks rose as traders awaited a final batch of U.S. economic data that could determine the size of the Federal Reserve’s interest-rate cut on Wednesday. Most Read from Bloomberg Retail and bank stocks led gains on the pan-European STOXX 600, while moves in other markets were muted…
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Fed Interest-Rate Cut Hopes Lift Yen, Boost Bonds: Markets Wrap
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(Bloomberg) — Bonds rose as traders braced for the U.S. Federal Reserve to cut interest rates, expectations that also lifted the yen. Most Read from Bloomberg Stock markets began a crucial week with quiet moves, with Europe’s benchmark STOXX 600 index down while US stock futures were flat as investors…
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Asian Stocks Swing as China Data Offset Fed Bets: Markets Wrap
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Breadcrumbs Path Links PMN Business Asian stocks moved between losses and gains on Monday, as expectations of a rate cut by the US Federal Reserve receded due to signs of continued stagnation in the Chinese economy. Article author: Bloomberg News Catherine Bosley Published on September 15, 2024 • Last updated…
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That’s a wrap for the European stock markets.
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That was the end of the trading week for European stock indices, and they ended the day with gains, and the week with gains as well. For trading day: German DAX +0.92% French CAC 40 index, +0.41%. UK FTSE 100 +0.39% Spanish IBEX, +1.23% Italy’s FTSE MIB rises 0.34% For…
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Forexlive Americas FX news wrap 13 Sep: The stocks close with 5-day streaks.FOMC next week
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The Nasdaq and S&P ended the week with five straight days of gains. As the day and week draw to a close, the Japanese Yen ended the day as the strongest of the major currencies and the New Zealand Dollar was the weakest. The US Dollar ended the day with…