Tag: Federal Reserve
Dow Dump Just the Beginning
Looking for any evidence that the market as a turning point? Look no further than the VIX index that tracks volatility in the S&P...
US Stocks Rise as Rate-hike Looms
US stocks rallied for a third consecutive day on Wednesday, as investors turned their attention to the final day of Federal Reserve meetings ahead...
European Stocks Rise for from 10-Week Low as Oil Prices Rebound
European stocks rose on Tuesday following five consecutive daily losses, as oil prices eased off recent lows ahead of the Federal Reserve’s policy meeting...
European Stocks Resume Downtrend as Oil Selloff Intensifies
European stocks resumed their decline on Monday, as energy producers fell for the eighth time in ten sessions amid plunging oil prices.
Europe’s major averages...
Gold Crumbles, Dollar Spikes after Thanksgiving
The price of gold fell back near six-year lows on Friday and was headed for a sixth straight weekly decline, as the dollar firmed...
Dollar Strength Weighs on Gold Price
The US dollar pushed higher on Monday, driving gold prices back toward six-year lows as investors continued to price in a rate hike from...
Global Stocks Rally on Fed Minutes
Global stocks advanced on Thursday, following Wall Street higher amid clear signals from the Federal Reserve that interest rates will rise next month.
The minutes...
Gold Hits 2010 Lows as Investors Eye Fed Rate Hike
Gold prices continued lower on Wednesday after plunging $15 in the previous session, as the markets braced for the first Federal Reserve interest rate...
European Stocks Turn Higher on Stimulus Bets
European stocks rebounded on Tuesday after geopolitical concerns left investors hopeful that the European Central Bank would introduce more stimulus next month.
The pan-European STOXX...
Gold Prices Aren’t Doing So Hot
Gold prices have been on a tear lately, and I’m not meaning that in a good way. Last week, it slipped a day ahead...
EUR/USD Falls Below 1.07
The EUR/USD traded lower on Tuesday, as investors digested disappointing Chinese inflation figures amid growing expectations for a US interest rate increase next month.
The...
Dollar Spikes to 7 ½ Month Highs on Surging Nonfarm Payrolls
The US dollar was trading at seven-and-a-half month highs against a basket of world currencies Friday after government data showed a much bigger than...
EUR/USD Back Below 1.100 ahead of Data Deluge
The EUR/USD turned lower on Tuesday, as the dollar regained its footing ahead of an active trading week headlined by nonfarm payrolls on Friday.
The...
Dollar Falls as US Economy Brakes
The US dollar traded lower against a basket of currencies Thursday after government data revealed a sharp slowdown in US economic growth in the...
European Stocks Snap 3-Day Losing Streak
European stocks rebounded sharply on Thursday, snapping a three-day losing streak amid signs that a slowing global economy would persuade the US Federal Reserve...
US Dollar Slides on Weak Data
The US dollar declined on Wednesday after government data showed only a modest rise in retail sales and a bigger than expected drop in...
Gold Price at 3-Month High
The price of gold rose on Monday, reaching its highest level since early July amid speculation that the US Federal Reserve would delay raising...
Global Stocks Extend Rally following Fed Minutes
Global stocks extended their rally on Friday, following Wall Street higher after the minutes of the Federal Reserve’s September policy meeting played to expectations...