October 17, 2022
Mastercard to Help Banks Offer Cryptocurrency Trading
Mastercard is launching a program that allows financial institutions to offer their customers cryptocurrency trading.
October 7, 2022
Gold freezes ahead of US jobs test but still set for weekly gains
Gold prices remained stable on Friday ahead of the release of the U.S. employment report, which could help investors determine the Federal Reserve's rate hike.
September 22, 2022
The rise of the yen after the intervention of Japan, which provided the first support since 1998
The Japanese yen jumped on Thursday after monetary authorities intervened in the foreign exchange market to shore up the battered currency for the first time since 1998, though analysts said Japan could struggle to hold the yen for a long time.
September 8, 2022
Nio says restrictions on Nvidia chips won't hurt them
Last week, Nvidia said the U.S. would require the chipmaker to obtain a license to export certain products to China in future to reduce the risk of their use by the Chinese military.
August 25, 2022
The dollar weakens from a nearly twenty-year peak as the Jackson Hole Symposium approaches.
The dollar pulled back from a nearly twenty-year peak on Thursday as investors turned to Fed Chairman Jerome Powell's speech for monetary policy tips.
August 11, 2022
Stocks making the most pre-market moves: Six Flags, Canada Goose, Warby Parker and more
Vacasa soared 24.7% in the premarket after a holiday rental provider raised its full-year forecast amid rising demand. Vacasa also reported an unexpected quarterly profit.
July 26, 2022
Global stocks have diverged as analysts anticipate another "holiday postponement" ahead of the July Fed meeting and reports from major tech companies.
Technology giants Apple, Amazon, Microsoft and Alphabet will report quarterly earnings this week.
July 8, 2022
The Euro on Thin Ice Is Ahead of U.S. Labor Data
The fall in the euro sent the US dollar index to a two-decade high of 107.270 this week, and the index was just below that level last time, down 0.1% in Asia to 106.840.
June 16, 2022
Wells Fargo believes the US will fall into recession after the Fed implements the biggest rate hike since 1994
Wells Fargo said the US economy will slide into recession in 2023 after the Fed raised interest rates by the highest since 1994.
June 2, 2022
Oil prices are falling after reports that Saudi Arabia may increase production if Russian production declines in the face of sanctions
EU leaders on Monday agreed to ban 90% of Russian oil by the end of the year as part of the bloc's sixth round of sanctions against Russia since its invasion of Ukraine. Initially, this led to an increase in oil prices.
May 18, 2022
Households spend roughly $5,000 a year on gasoline
Retail sales data for April, released on Tuesday, was surprisingly strong. On an annualized basis, retail sales for the month increased by 8.2%.
