Ueda’s change in tone today made a difference, as USD/JPY fell nearly 100 pips at his press conference. The pair was hugging the 148.00 level earlier but is now trading near 147.00 as Ueda appears to be initiating a political…
India’s stock market has overtaken the Hong Kong Stock Exchange for the first time in another milestone for the South Asian country whose growth prospects and policy reforms have made it a favorite destination for investors.The total value of stocks…
USD/JPY rose slightly after the BoJ announcement but has come back a bitforexlive USD/JPY Forecast: The Bank of Japan puts the yen in the spotlightForex Factory USD/JPY: Yen approaches 150 yen per dollar, sparking speculation about interventionBloomberg USD/JPY: Higher interest…
Asian stocks Most stocks advanced, with Chinese stocks losing ground after rising earlier on news of a new rescue package for the market. The yen fell after the Bank of Japan halted its policy. A gauge of Chinese companies listed…
Bloomberg, citing unnamed sources for the report: China is considering fiscal stimulus worth one trillion yuan Also consider incentivizing private bonds Mainland and Hong Kong stocks rose. The Chinese yuan is also slightly higher. CNH also: We’ve been getting hints…
The Federal Reserve and the New York Department of Financial Services (DFS) have just announced a multi-million dollar settlement with a Beijing-based banking giant. US agencies say the Industrial and Commercial Bank of China (ICBC) will pay a total of…
Kimberly White/Getty Images Turbo Tax goes live on February 22, 2018 in San Francisco, California. New York CNN — Federal Trade Commission The court ruled in a final order and opinion Monday that TurboTax, the popular tax filing software, engaged…
The Federal Trade Commission (FTC) ruled Monday that the maker of TurboTax software deceived customers when it claimed a version of its online tax filing software was free, when most customers have to pay for it. The FTC opinion states…
Open Editor’s Digest for free Rula Khalaf, editor of the Financial Times, picks her favorite stories in this weekly newsletter. A false post appeared on the US Securities and Exchange Commission’s official social media page A widely shared post on…
West Texas Intermediate crude futures settled at $75.19. This comes out to $1.78 or 2.42%. The high price reached $75.46. The low price extended to $72.56. Domestically in the United States, oil production in North Dakota is expected to decline…