Emerging-market currencies oscillated between gains and losses as the risk-on sentiment following the Federal Reserve’s half-point rate cut faltered.
Canadian retail sales grew by 0.9% in July from June, eclipsing forecasts for a gain of 0.6%, while a preliminary estimate showed sales up 0.5% in August.
The other big potential threat is a U.S. recession. A soft landing for the economy is the central case, but a deeper slowdown ...
USD/JPY strengthened on Friday as yen weakened after the Bank of Japan signalled it was in no rush to raise interest rates ...
Asian markets climbed higher on September 20, following the U.S. interest rate cut, while the yen strengthened after the Bank ...
Wall Street pointed lower as a rally driven by the Federal Reserve’s big cut to interest rates faded and markets’ focus ...
The Bank of Japan maintained its benchmark rate on Friday after two hikes this year and signalled that the policy normalization will ...
It's a stark contrast to several weeks ago when global equity markets suffered a savage pullback at the start of August as a scare about the health of the U.S. economy dovetailed with a sudden surge ...
The Bank of Japan left interest rates unchanged on Friday, but governor Kazuo Ueda said further hikes remain on the cards if ...
The Bank of Japan unanimously decided to keep its policy rate unchanged at 0.25%. Amid growing confidence in achieving its ...
Asian shares extended their rally on Friday, bathing in the afterglow of an outsized interest rate cut in the United States, ...
A look at the day ahead in European and global markets from Wayne Cole. It was left to the Bank of Japan (BOJ) to end ...