A top economist who nailed the yen’s long decline now says the U.S. dollar has hit peak strength. Robin Brooks, a senior fellow at the Brookings Institution and ex-chief economist at the Institute of International […]
The Bank of Japan is expected to raise its policy rate to 1% from 0.75% when its meeting concludes on June 16, the highest level since 1995, and to signal readiness to keep going. It […]
Higher by more than 1% at the open, the Nasdaq has turned decidedly lower just ahead of the noon hour on the East Coast, now down 1.9% and below its close on Friday. The S&P […]
The AI dip-buyers who hammered crypto last week came back overnight, just not for crypto. MSCI’s Asia Pacific gauge rose 2.5%, South Korea’s Kospi climbed as much as 8% with SK Hynix up 11%, and […]
Bitcoin (BTC) holder Strategy’s (MSTR) capital trap is getting tighter, according to Ilan Solot, senior global markets strategist, at Marex Solutions, a division of global financial services firm Marex. The company is sitting on a […]
BTC, ETH, XRP and others pulled back from their overnight highs as Iran-Israel tensions and oil rally triggered risk aversion in Asian stocks. Source link
Today’s stronger-than-expected jobs report is “the least comfortable outcome for anyone hoping for rate relief,” said Fabian Dori, chief investment officer at crypto bank Sygnum Bank. With inflation still running above the Fed’s target and […]
Shares of Robinhood (HOOD) climbed another 10% on Friday, extending a rally that has pushed the stock up more than 20% over the past two trading sessions as investors reacted to a string of developments […]
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