According to the Global Financial Centres index, New York has effortlessly retained its position as the world’s top financial center, with London remaining second and […]
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Morning Bid: Rate jitters weaken market vigilance
Investors’ nerves are ruffled about the potential of interest rates remaining higher for longer, with a jump in US Treasury yields driving the dollar to […]
US will launch 18 ETFs this week for a weekly record in 2023.
This week, up to 18 new exchange-traded funds might be introduced to the US market, more than double the mean weekly total of 8.5 so […]
With ECB bets at their peak, hedge funds increased euro shorts to an 11-month high.
Hedge funds drove bearish bets on the euro to a near one-year high as markets gambled the European Central Bank has finished raising interest rates. […]
The yen teeters on the edge of the intervention line as dollar reaches new high on positive data.
The dollar remained strong on Tuesday due to upbeat US economic data, suggesting that the Federal Reserve will maintain higher interest rates for an extended […]
Treasuries are selling off globally as benchmark US yields approach 5%.
Global bonds are taking a beating as Treasuries blast their way through the global market to the highest level since the pandemic struck in 2020. […]
Bitcoin abruptly plummets by around 9% to just above $26,000 late Thursday
Bitcoin dipped sharply on Thursday evening, crashing by as much as 9% to just around $26,000. As per Coin Metrics data, the cryptocurrency last traded […]
Expectations of lower OPEC+ exports in August drive up oil prices.
Prices of oil increased on Monday as worldwide supply tightened with decreased exports from Saudi Arabia and Russia, offsetting nagging worries regarding worldwide demand growth […]
Oil falls as demand worries grow; attention focused on US inflation data
On Thursday, oil retreated from multi-month peaks hit in the last session as higher US crude records and stagnant economic data from China caused worry […]
Cramer advises market skeptics to prioritize strong companies rather than daily activity.
On Tuesday, Jim Cramer of CNBC encouraged traders to concentrate on looking for companies with solid products and long-term potential when trading in the stock […]