Bitcoin (BTC) stayed lower at the Aug. 1 Wall Street open as crypto shrugged off fresh central bank interest rate cuts.BTC/USD 1-hour chart. Source: TradingViewDovish Fed…
Asian stocks are poised for a weak open as traders await major central bank decisions, key economic data and earnings from four US megacaps worth nearly…
The small-cap-heavy Russell 2000 will jump 15% or more in August, Fundstrat’s Tom Lee told CNBC.Investors are keyed in on a September rate cut, and the…
The Bank of Canada cut its key interest rate to 4.5 per cent on Wednesday, with governor Tiff Macklem saying during a news conference that it…
Federal Reserve Governor Christopher Waller on Wednesday suggested that interest rate cuts are ahead soon as long as there are no major surprises on inflation and…
US Federal Reserve Chairman Jerome Powell on Tuesday testified before the Senate Banking Committee.Powell in his prepared testimony told Senators that inflation had been improving in…
The Canadian economy was virtually unchanged in June, shedding 1,400 jobs, while unemployment rose 0.2 percentage points to 6.4 per cent, Statistics Canada said on Friday.The unemployment…
People walk past the headquarters of the People’s Bank of China (PBOC), the central bank, in Beijing, China September 28, 2018. Jason Lee | ReutersBEIJING — Ratings…
Stocks wavered Thursday as market participants digested the Federal Reserve’s more hawkish outlook on interest rates and some mixed economic news.Starting with the econ data. Inflation…
The Bank of Canada has lowered its key interest rate to 4.75 per cent, marking the bank’s first rate cut since March 2020.Bank governor Tiff Macklem said in opening remarks that…