Category: wrap
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Stock Rotation Is Back on Bets Fed Will ‘Go Big’: Markets Wrap
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(Bloomberg) — Wall Street traders renewed expectations for a half-percentage-point interest-rate cut by the Federal Reserve next week, spurring trading in stocks that would benefit most from policy easing. Most Read from Bloomberg Economically sensitive stocks outperformed the tech giants that led the bull market rally, with the Russell 2000…
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ForexLive European FX news wrap: Light movements ahead of ECB decision, more US data
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Headlines: Markets: Australian Dollar Advances, Swiss Franc Lags During the Day European stocks rise; S&P 500 futures up 0.1% US 10-year Treasury yields rise 1.7 basis points to 3.670% Gold rises 0.2% to $2,516.57 West Texas Intermediate crude rose 1.7% to $68.45. Bitcoin price rises 1.0% to $58,057 The session…
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ForexLive Asia-Pacific FX news wrap: USD/JPY swings again on BoJ comments
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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 Asia-Pacific FX news wrap: USD/JPY swings again on BoJ comments
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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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Nasdaq 100 Climbs 1% as Nvidia Leads Tech Rally: Markets Wrap
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(Bloomberg) — A rally in shares of some of the world’s biggest technology companies spurred a stock market rebound in a volatile session as traders digested faster-than-expected inflation data. Most Read from Bloomberg The S&P 500 pared losses after falling more than 1.5% earlier in the day. The Nasdaq 100…
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S&P 500 Rally Hits a Wall as Big Banks Sound Alarm: Markets Wrap
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(Bloomberg) — Stocks fell after some of Wall Street’s biggest banks gave cautious outlooks, and Brent crude fell below $70 a barrel on concerns about oversupply. Most Read from Bloomberg After a rally to start the week, the S&P 500 struggled to make much headway. JPMorgan Chase & Co. fell…
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Forexlive European FX news wrap 10 September – Mixed but overall positive UK jobs data
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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 Asia-Pacific FX news wrap: China’s CPI slows, PPI plunges
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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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Stocks Drop as Jobs Data Adds to Case for Fed Cuts: Markets Wrap
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(Bloomberg) — Asian stocks fell Monday after U.S. jobs data added to concerns that the Federal Reserve may have waited too long to cut interest rates. Most Read from Bloomberg Stocks in Australia, Japan and South Korea posted losses in early trade, while U.S. futures were little changed. The dollar…
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Forexlive Americas FX news wrap: Non-farm payrolls soften but not enough for 50 bps
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Markets: Gold falls $20 to $2,496 The 10-year US Treasury yield fell 1.4 basis points to 3.72%, and the 2-year Treasury yield fell 9.3 basis points to 3.65%. West Texas Intermediate crude oil fell $1.07 to $68.08 a barrel. S&P 500 down 1.7% Japanese Yen Advances, Australian Dollar Lags Friday’s…
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Forexlive Americas FX news wrap: Non-farm payrolls soften but not enough for 50 bps
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Markets: Gold falls $20 to $2,496 The 10-year US Treasury yield fell 1.4 basis points to 3.72%, and the 2-year Treasury yield fell 9.3 basis points to 3.65%. West Texas Intermediate crude oil fell $1.07 to $68.08 a barrel. S&P 500 down 1.7% Japanese Yen Advances, Australian Dollar Lags Friday’s…
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S&P 500 Heads Toward Worst Week Since March 2023: Markets Wrap
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(Bloomberg) — Stocks were headed for their worst weekly decline since March 2023 and bonds retreated after another disappointing labor market report raised concerns that the economy is slowing and the Federal Reserve is moving too slowly to rescue it. Most Read from Bloomberg The S&P 500 fell 1.7% and…
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Forexlive Americas FX news wrap: US dollar weakens after softer ADP but ISM services firms
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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: US dollar weakens after softer ADP but ISM services firms
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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: Awaiting more key data from the US
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Headlines: Markets: Euro and British Pound Lead, USD and CAD Lag on the Day European stocks mixed; S&P 500 futures up 0.1% US 10-year bond yields steady at 3.768% Gold rises 0.9% to $2,516.01 West Texas Intermediate crude rose 0.5% to $69.53. Bitcoin down 2.2% to $56,740 The session was…
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Stocks pause days of losses ahead of US jobs data: Markets Wrap
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(Bloomberg) — Global stocks steadied after days of declines as uncertainty persisted over the health of the U.S. economy and the pace of potential interest rate cuts by the Federal Reserve. Most Read from Bloomberg The pan-European STOXX 600 index was little changed, with chemical and mining stocks the biggest…
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ForexLive Asia-Pacific FX news wrap: JPY active again
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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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Stocks Tumble Most Since August Rout, Oil Slips: Markets Wrap
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(Bloomberg) — Asian stocks fell the most since Aug. 5, tracking a selloff in their U.S. counterparts driven by a sharp drop in Nvidia Corp. Most Read from Bloomberg Shares of Asian chipmakers fell amid renewed concerns about the AI craze, dragging the regional stock index down more than 2%.…
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Asia to Track Worst US Selloff Since August Crash: Markets Wrap
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Breadcrumbs Path Links PMN Business Asian stocks were set for losses after U.S. indexes posted their worst day since the Aug. 5 market crash, as concerns over growth and monetary policy combined to burn through riskier assets. Article author: Bloomberg News Rob Verdonk Published on September 03, 2024 • Read…
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Asian Stocks Erase Gains as Dollar Resumes Rally: Markets Wrap
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(Bloomberg) — Asian stocks were steady and the dollar and yen rose against their peers in a sign of defensiveness as traders brace for U.S. data later this week that will offer clues on an interest-rate cut by the Federal Reserve. Most Read from Bloomberg Stocks in Australia, Hong Kong…