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Marketmind: It’s raining – or draining? – yen
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. The spotlight currently shining on Japan’s yen, and speculation around whether Tokyo will intervene to prevent further depreciation, will likely intensify on Tuesday with traders poised to push the currency to a fresh 33-year low. […]
Marketmind: It’s raining – or draining? – yen
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. The spotlight currently shining on Japan’s yen, and speculation around whether Tokyo will intervene to prevent further depreciation, will likely intensify on Tuesday with traders poised to push the currency to a fresh 33-year low. […]
Top US Senate Democrat encouraged by House Republican funding bill
By Moira Warburton WASHINGTON (Reuters) -Top U.S. Senate Democrat Chuck Schumer on Monday expressed tentative support for House Republicans’ short-term funding bill that would keep the federal government open past this weekend. Schumer halted progress on the Senate’s proposed funding plan, a step that would allow the House to move first. This may encourage some […]
Top US Senate Democrat encouraged by House Republican funding bill
By Moira Warburton WASHINGTON (Reuters) -Top U.S. Senate Democrat Chuck Schumer on Monday expressed tentative support for House Republicans’ short-term funding bill that would keep the federal government open past this weekend. Schumer halted progress on the Senate’s proposed funding plan, a step that would allow the House to move first. This may encourage some […]
US rate cut not seen until Q4 2024 due to strong GDP growth -Goldman economists
By Lewis Krauskopf NEW YORK (Reuters) – The U.S. Federal Reserve will hold off cutting rates until the fourth-quarter of next year, according to Goldman Sachs economists who cited stronger-than-expected economic growth that is helping forestall a recession. So far this year, the U.S. economy has defied recession fears and “made substantial progress toward a […]
Top US Senate Democrat encouraged by House Republican funding bill
By Moira Warburton WASHINGTON (Reuters) -Top U.S. Senate Democrat Chuck Schumer on Monday expressed tentative support for House Republicans’ short-term funding bill that would keep the federal government open past this weekend. Schumer halted progress on the Senate’s proposed funding plan, a step that would allow the House to move first. This may encourage some […]
US rate cut not seen until Q4 2024 due to strong GDP growth -Goldman economists
By Lewis Krauskopf NEW YORK (Reuters) – The U.S. Federal Reserve will hold off cutting rates until the fourth-quarter of next year, according to Goldman Sachs economists who cited stronger-than-expected economic growth that is helping forestall a recession. So far this year, the U.S. economy has defied recession fears and “made substantial progress toward a […]
Top US Senate Democrat encouraged by House Republican funding bill
By Moira Warburton WASHINGTON (Reuters) -Top U.S. Senate Democrat Chuck Schumer on Monday expressed tentative support for House Republicans’ short-term funding bill that would keep the federal government open past this weekend. Schumer halted progress on the Senate’s proposed funding plan, a step that would allow the House to move first. This may encourage some […]
US rate cut not seen until Q4 2024 due to strong GDP growth -Goldman economists
By Lewis Krauskopf NEW YORK (Reuters) – The U.S. Federal Reserve will hold off cutting rates until the fourth-quarter of next year, according to Goldman Sachs economists who cited stronger-than-expected economic growth that is helping forestall a recession. So far this year, the U.S. economy has defied recession fears and “made substantial progress toward a […]
Top US Senate Democrat encouraged by House Republican funding bill
By Moira Warburton WASHINGTON (Reuters) -Top U.S. Senate Democrat Chuck Schumer on Monday expressed tentative support for House Republicans’ short-term funding bill that would keep the federal government open past this weekend. Schumer halted progress on the Senate’s proposed funding plan, a step that would allow the House to move first. This may encourage some […]
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