Dow surges to 2023 peak, propelling November’s stock market rally
In a striking financial upturn, the Dow Jones Industrial Average soared to a new annual zenith on Thursday, marking an impressive closure to November –...
Tag : Federal Reserve
Post-holiday blues hit Hong Kong’s Chinese equities as economic concerns rise
Chinese stocks in Hong Kong faced a significant downturn as trading restarted after the holiday. This decline was influenced by an overarching risk-averse sentiment throughout...
Despite Federal Reserve’s pause, financial waters remain choppy for consumers
The conclusion of the Federal Reserve’s recent two-day policy meeting brought with it a decision to keep interest rates steady. This came as somewhat of...
Chinese Yuan hits record lows against surging US dollar
The yuan has hit new record lows against the surging US dollar, with the internationally-traded yuan reaching its lowest point since 2011 and China’s domestic...
Gold prices hold steady near one-year high as Fed rate pause looms
Gold prices remained close to one-year highs on Friday, fueled by recent US economic data that suggested the Federal Reserve may be nearing the end...
Dollar slips as investors await Powell testimony
Investors were watching for testimony from Federal Reserve Chair Jerome Powell on Monday as well as the February jobs report at the end of the...