China’s yuan fixing rate hits 9-month high after dovish pivot by US Fed chair
China’s central bank has set the yuan’s daily reference rate against the US dollar at the strongest level…
Central bankers fear being caught in Federal Reserve’s storm
JACKSON HOLE, WYOMING – Central bankers gathered at a U.S. mountain resort over the weekend are starting to…
Asian shares track Wall Street’s rally after Powell hints at rate cuts
BANGKOK – Asian shares advanced on Monday, tracking Wall Street’s rally after the head of the Federal Reserve…
All roads lead to Jerome Powell
Federal Reserve Chairman Jerome Powell is seen walking in Grand Teton National Park near Jackson Hole, Wyoming, on…
European markets turn cautiously optimistic ahead of Powell speech
Leading European stock markets reflected a cautiously positive sentiment on Friday as investors watched for progress on Ukraine…
Jim Cramer’s Monday playbook after the stock market’s Fed-driven rip higher
The conundrum of the stock market going down ahead of Jackson Hole confounded me. With a market that…
The Federal Reserve could start resembling the Supreme Court
As President Donald Trump ramps up pressure on the Federal Reserve, the typically staid, consensus-driven institution could take…
Stocks waver ahead of Fed speech but EU tariff deal lifts Europe
US Fed chief Jerome Powell will speak Friday at a central bankers conference in the US state of…
Fed Chair Powell signals Federal Reserve may soon cut rates, markets rally
ADVERTISEMENT Federal Reserve Chair Jerome Powell on Friday opened the door ever so slightly to lowering a key…
Why Fed chief Powell’s rate cut signal lifted our non-tech stocks the most
It was a topsy-turvy week for Wall Street, saved by a big Friday rally. The market was looking…
European shares close at five-month highs – Markets
FRANKFURT: European shares closed at their highest level in more than five months on Friday after US Federal…
Wall Street got the rally signals from Powell it was hoping for
For much of this month, Wall Street traders piled into stocks and bonds, betting that the Federal Reserve…