While the Japanese and Swiss central banks have turned themselves into hedge funds by loading up on equities, the US Fed has stuck to supporting the stock market indirectly, ... Read More
The dollar slid to a 17-month low against the yen on Thursday, pressured by minutes of the U.S. Federal Reserve’s meeting last month that underscored caution about future interest ... Read More
Morgan Stanley has hiked the probability of a recession hitting the global economy within the next year to 30 percent from 20 percent. The U.S. bank also cut its ... Read More
Asian stocks fell on Tuesday after the Bank of Japan painted a gloomier view of the world’s third-largest economy, but the yen firmed as policymakers appeared to back away ... Read More
Gold held onto earlier gains and snapped three days of losses on Wednesday, after minutes of the U.S. Federal Reserve’s latest meeting showed policymakers considered changing their planned path ... Read More
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