European and US markets mixed as tech stocks remain under pressure
Apple shares lost ground amid concerns about iPhone 16 sales.
Apple shares lost ground amid concerns about iPhone 16 sales.
The US dollar has fallen a bit in the past 24 hours, testing the crucial 140 level. This is a market that I think continues to see a lot of influence on risk appetite not only here, but also in several other markets around the world.
The Aussie dollar continues to see a lot of range bound trading, although the first day of the week is looking very positive. This is a market that has a massive ceiling above, and also a lot of questions about the overall global economy.
The central bank is widely expected to cut interest rates on Wednesday by 25 or 50 basis points.
Speculation about the budget has left some feeling they need to take action to protect themselves from whatever it holds in store, but this could backfire.
- The U.S. dollar fell Monday, while the euro and sterling gained, ahead of the expected start of a rate-cutting cycle by the Federal Reserve later this week. At...
As the U.S. Federal Reserve approaches a key turning point in its tightening cycle, the drag on the U.S. dollar may soon reach its peak. Analysts at Barclays...
The US Federal Reserve is set to cut interest rates this week by 25 or 50 basis points.
-- Most Asian currencies moved little in holiday-thinned trade on Monday, while the dollar crept lower as markets awaited a Federal Reserve meeting where the central...
Pension savings and their importance have come into sharp relief recently, as the government grapples with ways to balance public sector spending.