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ECB's Lagarde Asserts Inflation Battle Continues as Euro Rises
The euro experienced an uptick against the U.S. dollar on Wednesday, driven by European Central Bank (ECB) President Christine Lagarde's statement that inflation remains excessively high. The euro experienced an uptick against the U.S. dollar on Wednesday, driven by European Central Bank (ECB) President Christine Lagarde's statement that inflation remains excessively high. -
It's The Real Thing: Bye-Bye $4 Billion On Ronaldo Coke Snub
Coca-Cola saw its share price drop by 1.6% to $55.22 soon after Ronaldo's actions. The market value went from $242 billion to $238 billion - a $4 billion drop. Coca-Cola saw its share price drop by 1.6% to $55.22 soon after Ronaldo's actions. The market value went from $242 billion to $238 billion - a $4 billion drop. -
Fed Stance Gives Asian Shares A Lift
All Fed members voted to leave the target range for short-term rates between 0% and 0.25%, where it has been since March 15. All Fed members voted to leave the target range for short-term rates between 0% and 0.25%, where it has been since March 15. -
Asian Shares Catch Chill From U.S.-China Freeze
Sino-U.S. tensions soured what had been an upbeat weak in markets, while the euro stood strong. Sino-U.S. tensions soured what had been an upbeat weak in markets, while the euro stood strong. -
U.S.-China Strains Hit Asian Shares
Washington's order to Beijing to close its embassy in Houston had a knock-on effect on Asian shares. Washington's order to Beijing to close its embassy in Houston had a knock-on effect on Asian shares. -
Asian Markets Lose Steam But Euro Soars
The Euro stood at an 18-month high on Wednesday as Asian stock markets eased. The Euro stood at an 18-month high on Wednesday as Asian stock markets eased. -
Asian Shares Jump On EU Stimulus Plan
The Nikkei rose 0.8% and South Korean shares were up 1.3% on the news of an EU coronavirus stimulus package. The Nikkei rose 0.8% and South Korean shares were up 1.3% on the news of an EU coronavirus stimulus package. -
Asian Shares Rise, With China Leading Gains
European markets were also set to open higher on Monday after EU leaders made headway on a plan to revive their economies. European markets were also set to open higher on Monday after EU leaders made headway on a plan to revive their economies. -
Dollar Trades In Narrow Range, Yen Falls As Asia Shares Rise
Investors awaited data expected to show that the U.S. services sector stopped contracting. Investors awaited data expected to show that the U.S. services sector stopped contracting. -
US Dollar Loses Appeal, As Yuan Rises To 1-Week Peak
By end of the year, the markets are anticipating three more rate cuts in benchmark lending rates. By end of the year, the markets are anticipating three more rate cuts in benchmark lending rates.