RBA could hike rates in August, supporting AUDUSD- UBS
-- UBS said it expected the Reserve Bank of Australia to potentially hike interest rates in August following a series of inflation surprises, and that the Australian...
-- UBS said it expected the Reserve Bank of Australia to potentially hike interest rates in August following a series of inflation surprises, and that the Australian...
The three major averages (^DJI, ^GSPC, ^IXIC) all closed higher on Tuesday, February 6. They were led by materials and real estate, two sectors that have been beaten down recently. Tech, however, lagged. Yahoo Finance Market Reporter Jared Blikre takes a closer look at the market action. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Eyek Ntekim
Shares of Nvidia (NVDA) continue to rise as the company reaches a new milestone of having a $100 billion higher market cap than the entire energy sector. The chipmaker is rapidly approaching a $2 trillion market cap, after breaking the $1 trillion market cap just last year. Yahoo Finance Executive Editor Brian Sozzi joins the Live show to discuss Nvidia and its latest achievements. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Nicholas Jacobino
According to Foresight News, the Shanghai Municipal People's Government has issued a notice on the implementation plan for Shanghai to implement the overall plan for a high-level system of openness in the China (Shanghai) Pilot Free Trade Zone. The notice highlights the orderly promotion of the digital yuan pilot and the expansion of its application scenarios. The aim is to create a more convenient, inclusive, and user-friendly digital yuan acceptance environment. This will further deepen the pilot application of the digital yuan in areas such as trade settlement, chain supermarkets, tourism catering, and e-commerce platform payments, gradually building a digital yuan ecosystem. The notice also encourages financial institutions to apply technologies such as artificial intelligence and blockchain to deepen international cooperation in financial technology and create demonstration scenarios for fintech applications.
- The U.S. dollar stabilized Thursday after a sharp overnight drop in the wake of Fed Chair Jerome Powell ruling out any rate hikes, while the Japanese yen was...
-- Most Asian currencies kept to a tight range on Thursday, taking little advantage of a drop in the dollar as the Federal Reserve said interest rates were unlikely to...
-- The Japanese yen weakened sharply on Thursday, seeing limited resilience amid what appeared to be repeated intervention in currency markets by the government, as...
-- Australia’s trade balance shrank to an over three-year low in March, hit chiefly by a sharp increase in imports, while weakness in exports, particularly those of...
Welcome to the Artificial Intelligence Outlook for Forex trading. https://www.youtube.com/watch?v=8NhLFqkNuQE VIDEO TRANSCRIPT Hello everyone, my name is Greg Firman and this is the Vantage Point AI Market Outlook for the ...
- The U.S. dollar stabilized near its recent over four-month high in European trade Tuesday as strong economic data hit expectations of early rate cuts by the Federal...