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Wall Street closes down, Dow snaps longest winning streak since 1987

U.S. stocks ended lower on Thursday after news that the Bank of Japan will allow long-term interest rates to rise sent U.S. yields higher,...

FedNow may Replace CBDC Functional Fed Directors: Available mid-2023

8/17 Fed Governor Michelle Bowman mentioned in a speech that FedNow, a real-time payment system, could address the functions provided by CBDC(central bank digital...

Stocks rise as investors await U.S. jobs data for Fed cues

By Kanupriya Kapoor (Reuters) - Asian shares rose broadly on Friday morning after softer-than-expected U.S. employment data raised the possibility of the Federal Reserve turning...

what is USD currency?what is USD currency symbol and code?

The USD (symbol: $; code) is the official currency of the United States and several other countries. The Coinage Act of 1792 introduced...

The Fed is in the dilemma of shrinking its balance sheet, and it is a mystery whether QT can double next month

As originally planned, the Fed would double the pace of shrinking its $8.9 trillion balance sheet next month, but the central bank is facing...

“Investors beware!” Morgan Stanley: Stocks will fall again in September

Gold Ten Data, August 8, Morgan Stanley (Morgan Stanley) chief U.S. equity strategist Michael Wilson (Michael Wilson) said that looking back over the past...

The Fed maintains a hawkish tone, how much does gold step back?

Inflation has fallen from a high level, but the tone of Fed officials is still hawkish. The market's expectations for aggressive interest rate hikes...

ING: Dollar sell-off won’t last

Global risk assets rose strongly as U.S. CPI fell below expectations in July. Investors interpreted the data as a reason for the slowdown in...

When will the crypto market break out: what do investors and analysts think?

As traders say, predicting a bottom is like trying to catch a falling knife. The term bottoming is easily misunderstood as it does not...

U.S. July CPI was lower than expected, gold once pulled up $20

At 20:30 Beijing time, the annual rate of the U.S. unseasonably adjusted CPI in July recorded an annual rate of 8.5%, which is expected...

Has U.S. inflation started to stall?

After many consecutive months of higher-than-expected rises, the US CPI and core CPI in July 2022 finally both fell short of expectations, and the...

How does news affect the Forex market?

Global financial markets are closely linked through financial and macroeconomic statistics, and the foreign exchange market is no exception. Currency exchange rates - the...

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