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The US Dollar index dropped 0.73% daily on Tuesday, tumbling following a sudden announcement from the Bank of Japan(BoJ). Despite the Bank of Japan keeping their policy rate unchanged, the increase in the upper band limit on the yield target …
As global investors worry about a recession, U.S. stocks fell on Monday. The Dow fell 162.92 points to 32757.54. S&P 500 dropped 34.7 points to 3817.66. Tech-heavy Nasdaq rose 159.38 points to 10546.03. The Fed, BoE, and ECB raised rates …
The financial markets will be monitoring the Bank of Japan policy statement this week. The central bank is expected to keep its short-term interest rate at -0.1%, the same as the previous month. Meanwhile, Canada will also be under scrutiny, …
US stocks confronted the longest weekly losing streak since September, as investors were concerned that the Federal Reserve’s resolve to keep raising rates could tip the economy into a recession. Market participants had cheered the softer-than-expected inflation data earlier this …
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