Category: News Group

Fed to Sound More Dovish

The Federal Reserve is expected to keep the fed funds rate at 0-0.25% and bond-buying at the current $120 billion monthly pace during the July 2021 meeting. Officials probably have discussed eventual tapering of stimulus and the...

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Asian Stocks Mostly Fall

Major stock indexes in Asia traded in the red on Monday, with the Shanghai Composite and the Hang Seng plunging over 2.5% and 3.5% respectively, amid regulatory pressure and reforms from China. Beijing barred for-profit tutoring...

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Asian Shares Rally

Major stock markets in Asia followed Wall Street higher on Thursday, amid upbeat earnings reports and optimism over the US recovery. The Hang Seng led the gains, jumping over 1.5%, on news that China will continue to open up its...

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Dollar Continues to Rise

The dollar firmed for the 3rd straight session to above 93 in the 3rd week of July, holding at near 4-month highs, as demand for safe-haven assets stayed strong amid persistent fears over the impact of a surge in global COVID-19...

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Asian Shares Mostly Rise

Major stock markets in Asia mostly traded higher on Wednesday after Wall Street gained significant ground overnight, amid a string of upbeat earnings reports and revived economic optimism, following a steep sell-off on Monday....

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