UBS has no interest in buying fellow Swiss lender Credit Suisse, the bank’s Chairman Colm Kelleher said in a interview published on Saturday. The former…
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Dollar Weakens in Wake of CPI Release; Yen Climbs Ahead Of BOJ
The U.S. dollar edged lower in early European trade Friday, continuing the previous session’s selloff after cooling U.S. inflation opened the way for the Federal…
View More Dollar Weakens in Wake of CPI Release; Yen Climbs Ahead Of BOJ
European Stock Futures Higher; U.K. GDP Grows in November
European stock markets are expected to open slightly higher Friday, with investors focusing on a deluge of important economic data, including U.K. growth data for…
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Asia FX Heads For Weekly Bounce, Dollar at 7-Mth Low on Easing Inflation
Most Asian currencies crept higher on Friday and were headed for steep weekly gains on the prospect of an eventual shift in the Federal Reserve’s…
View More Asia FX Heads For Weekly Bounce, Dollar at 7-Mth Low on Easing Inflation
Chinese Fret Over Infecting Elderly As Holidays Prompt COVID Warnings
People in China worried on Thursday about spreading COVID-19 to aged relatives as they planned returns to their home towns for holidays that the World…
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Dow Futures Trade Steady, After Nasdaq Posts 3-Session Win Streak
U.S. stock futures were trading in a tight range during Tuesday’s evening session, after major benchmark averages finished higher as investors continue their rotation toward…
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Oil Prices Dip as industry Data Shows Massive Build in U.S. Inventories
Oil prices fell on Wednesday after industry data pointed to a large weekly build in U.S. crude stockpiles, although losses were limited by the prospect…
View More Oil Prices Dip as industry Data Shows Massive Build in U.S. Inventories
European Stocks Edge Higher; German Industrial Production Impresses
European stock markets edged higher Monday, with sentiment boosted by China’s decision to fully reopen its borders as well as stronger-than-expected German industrial production. At…
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Oil Prices Rebound on China Reopening Optimism, Easing Fed Fears
Oil prices rose on Monday, recovering a measure of recent losses as investors bet that an economic reopening in China and a less hawkish rhetoric…
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Asia FX Rallies on China Reopening, Yuan at Over 4-Mth High
Most Asian currencies shot up on Monday, with the Chinese yuan hitting a four-month high after the country reopened its international borders, while hopes of…
View More Asia FX Rallies on China Reopening, Yuan at Over 4-Mth High