Browsing: Stock market

Adjusted for inflation both overall consumption and disposable income dropped slightly in April Price cuts by major U.S. retailers and…

LONDON/SINGAPORE  – The Japanese yen drifted to its softest level in four weeks against the dollar on Wednesday on the back of rising U.S. yields, as placid markets encouraged investors to resume carry trades, while the euro weakened after German inflation data.

The Russian ruble continued to strengthen against major currencies on Monday, jumping to its highest level against the dollar since late January, trading data from the Moscow Exchange (MOEX) shows.

The pound held steady on Thursday near multi-month highs a day after British Prime Minister Rishi Sunak called a national election and data showed…

US stocks regained lost ground Friday to trade higher amid renewed enthusiasm for generative AI-linked companies like Nvidia, which closed up 2.6%

NEW YORK – The dollar slipped against most major currencies on Friday as traders booked profits after recent gains but the U.S. currency remained well-placed for further advances, supported by strong U.S. economic data that has prompted markets to dial back expectations for interest rate cuts.

NEW YORK – U.S. stocks rallied and crude oil prices rebounded after upbeat economic data on Friday as investors positioned themselves ahead of the long U.S. Memorial Day weekend and the unofficial start to summer.

Fresh signs of a cooling economy calmed inflation worries in May, helping all three major U.S. stock indexes rise to records this week

The euro was little changed at $1.0871, not far from the nearly two-month high of $1.0895 it touched last week

The share of ruble transactions in Russia’s foreign trade, particularly with the rest of Europe, has been steadily growing, hitting record highs in March, according to data from the country’s central bank.