European stocks closed on a mixed note on Friday with investors largely making cautious moves, digesting regional PMI data, and…
Read MoreMajor European Markets Close On Mixed Note
U.S. Dollar Higher Amid Risk Aversion
The U.S. dollar advanced against its major counterparts in the New York session on Friday amid risk aversion, as U.S.…
Read MoreDollar Rises, Gains Against Major Counterparts
The U.S. dollar climbed higher on Friday, scoring gains over most of its major counterparts, after weak consumer sentiment data…
Read MoreTSX Ends Sharply Lower On Mixed Economic Data, Weak Commodities
The Canadian market ended sharply lower on Friday due to heavy selling in technology, materials and energy sectors. Consumer discretionary…
Read MoreYen Rises Against Majors
The Japanese yen strengthened against other major currencies in the Asian session on Thursday. The yen rose to more than…
Read MoreYen Rises Amid BoJ Rate Hike Bets, Trumps Tariff Threats
The Japanese yen strengthened against other major currencies in the Asian session on Thursday, amid rising bets that the Bank…
Read MoreAustralian Dollar Rises Against Some Majors
The Australian dollar strengthened against some major currencies in the Asian session on Thursday. The Australian dollar rose to nearly…
Read MoreAmerican Shoppers Are Trading Down—But Some Are Saving to Fund Other Splurges
Key Takeaways A number of companies say American shoppers are “trading down,” looking for cheaper ways to spend while continuing…
Read MoreWhat Friday's Report on PCE Inflation Means For The Fed
Key Takeaways The July Personal Consumption Expenditures index showed that overall prices rose by 2.6% over the past year, meeting…
Read MoreThe Economy Is Headed For Stagflation. But This Time It's Different
Key Takeaways Forecasters expect tariffs to push up consumer prices and drag down economic growth in the coming months. Inflation…
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