Emerging East Asia’s Financial Conditions Weaken Amid U.S. Rates Hike: ADB
Financial conditions in emerging East Asia weakened in the third quarter of 2023 amid expectations of higher…
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Finance
U.S. Dollar Stays Nearly Flat as Investors Await Fresh Catalysts
The U.S. dollar ended nearly flat in late trading on Wednesday, as investors await fresh catalysts to place their…
China-U.S. Financial Working Group Holds First Meeting
The China-U.S. financial working group held its first meeting via video link on Wednesday, China's central bank…
U.S. Dollar Gains Amid Strong GDP Data
The U.S. dollar gained in late trading on Thursday, as the third quarter GDP data showed the U.S. economy grew at…
Misplaced Enthusiasm about a BRICS Currency
Toronto, Atlanta (10/11 – 50)
As recently as the early 1980s, central bankers around the world could be…
Gold Falls on Higher-For-Longer U.S. Interest Rates Expectation
Gold futures on the COMEX division of the New York Mercantile Exchange fell on Thursday on market expectations…
U.S. Dollar Loses Despite Solid Labor, Service Data
The U.S. dollar weakened on Thursday as it failed to beat resistance despite the labor market and service sector…
Gold Falls on Stronger U.S. Dollar
Gold futures on the COMEX division of the New York Mercantile Exchange fell on Wednesday as the U.S. dollar…
U.S. Dollar Edges Up Amid Crypto Sell-off
The U.S. dollar inched up in late trading on Tuesday amid a sell-off of crypto currencies in the afternoon.
The…
Powell: Community Banks May be Spared From Tougher Capital Rules
Federal Reserve Chairman Jerome Powell said he does not expect smaller community banks to be subject to higher…