Dollar rally wanes, retail sales data in focus
The buying interest surrounding the USD eased as sentiment in the global financial markets turned more positive
The US dollar has steadied on Tuesday after...
US dollar struggles to attract safe-haven demand
The USD failed to capitalize on the rally in the US Treasury bond yields across the curve
The US dollar is back on the defensive after the recent...
Israel makes Tel Aviv exchange SPAC-ready, with focus on tech deals
Israel has established rules to open up the Tel Aviv stock market for special purpose acquisition companies (SPACs), aiming to join in a boom in these investment vehicles which...
U.S. existing home sales extend decline; house prices race to record high
U.S. home sales fell for a third straight month in April as an acute shortage of properties drove prices to a record high.
Existing home sales...
Bitcoin’s star backers, dip buyers help cryptos recover
Bitcoin regained some lost ground to trade near $40,000 on Thursday, a day after a brutal selloff on concerns over tighter regulation in China and unease over the extent...
UK inflation more than doubles as post-lockdown price climb begins
British inflation more than doubled in April, the start of a likely climb in prices this year as rich economies recover from pandemic lockdowns, but one that the Bank...
Analysis: Junk bonds: An unlikely haven for rate hike-wary investors
With the possibility of an inflation-led market sell-off on their minds, many bond investors are retreating for shelter to the unlikely haven of junk bonds, a sector typically considered...
China to relax birth policy but wary of social risks, sources say
China will tread carefully in relaxing its birth policies for fear of harming social stability, even as the latest census highlights the urgency to address the country’s declining birth...
U.S. manufacturing production rises in April
Output at U.S. factories increased in April as operations at plants that were damaged by February’s stormy weather in the South came back online, offsetting a decline in the...
U.S. weekly jobless claims fall; producer prices surge in April
Fewer Americans filed new claims for unemployment benefits last week, as companies held on to their workers amid the growing labor shortage that helped to curb job growth in...
