Key Trump Economy Adviser Cohn Resigns
US President Donald Trump’s top economic adviser Gary Cohn is resigning, the White House has said. It is the latest in a series of high-profile departures from President Trump’s team. There has...
Tag: STOXX 600
Brussels Relieved, For Now, Ahead of Macron Vs. Le Pen Clash On Europe
Brussels relieved, for now, ahead of Macron vs. Le Pen clash on Europe Sunday’s hotly contested first-round vote sets up a clash between France’s presidential finalists over the future of the...
Global Stocks, Dollar Up Slightly As Pivotal Week For Markets Gets Underway
An event-packed week for global markets got underway on Monday with stocks steady and the dollar recovering from a three-day fall as investors braced for a potential interest rate hike in the United...
Global Stocks Off Highs, Dollar Edges Lower As Fed Rate Rise Looms
The dollar retreated on Friday after two days of gains while world stocks pulled further back from all-time highs as investors unwound positions on growing expectations that the U. S. Federal Reserve...
Dollar Rises, Global Stocks Hold Highs On March Fed Rate Hike Bets
European stocks held near 15-month highs and the dollar strengthened against other top global currencies on Thursday on growing expectations that the U. S. central bank will raise interest rates...
Fed Trumps Trump As Dollar, U.S. Treasury Yields Soar
The dollar and U. S. Treasury yields jumped on Wednesday, while stocks were mixed, as investors focused less on U.S. President Donald Trump's first speech to Congress and more on what they see as a...
Stocks Ease, Dollar Poised For Weekly Loss As Trump Rally Pauses
Commodity-related sectors led European shares lower for a third straight session on Friday while the dollar was poised for a weekly losses as the "Trumpflation trade" lost momentum. World stocks have...
World Stocks Lose Momentum After Record-Breaking Week
Global equity markets were set to end the week on a softer footing on Friday, after setting record highs in the previous two sessions, as investors looked for clarity on U. S. President Donald...
World Stocks Ride To Record High, Dollar Retreats
World stocks hit an all time high on Thursday as the latest round of robust global data matched hopes that major economies like the United States will soon be serving up large helpings of fiscal...
Trump Rally Gives Way To Caution As Yellen Testimony Looms
Stocks flatlined and the dollar dipped on Tuesday as caution set in before testimony from Federal Reserve chief Janet Yellen that may offer clues to the timing of the next U. S. interest rate rise....
Trump Tax Cut Talk, Chinese Data Spur Risk Rally
European shares rose to within striking distance of their highest levels in more than a year on Friday while the dollar was buoyant as investors cheered upbeat Chinese trade data and hopes of...
Dow Rallies Past 20,000 Again On Strong Jobs Report
the Dow jumped 175 points to 20,060, with Goldman Sachs contributing the most gains. The S&P 500 rose 0.7 percent, with financials rising 1 percent. The Nasdaq advanced 0.4 percent. The U. S. economy...
European Shares Dip, Sterling Falls On Brexit Comments
The dollar edged higher on Monday, boosted by robust U. S. wage growth data strengthening the case for more Federal Reserve interest rate increases, while Britain's pound fell on Prime Minister...
Dollar Hits An 11-Month High
The U. S. dollar hit an 11-month peak on Monday as the risk of faster domestic inflation and wider budget deficits if Donald Trump goes on a U.S. spending binge sent Treasury and other benchmark...
World Stocks, Commodities Climb As Economic Confidence Lifts
World markets had a swagger about them on Tuesday as upbeat economic data and signs of a revival in inflation pushed up stocks and commodity prices and kept the dollar at a nine-month high. Factory...