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Rising incomes, low borrowing costs and job creation support a stronger U.S. housing market
Mar 23, 2015 17:09 pm UTC| Commentary
US existing home sales rose 1.2% in Feb to 4.88 mln units annualized. The increase failed to erase Jans 4.9% drop and it failed to break through the 5 million mark for the 2nd straight month.Looking past the monthly...
Mar 23, 2015 15:48 pm UTC| Commentary
Softer U.S. data and a cautious message from the Fed have put the dollar in a bit of a hole that it will look for a helping hand out of in U.S. data this week on housing, inflation and durable goods. Any evidence of a...
Mar 23, 2015 15:48 pm UTC| Commentary
Renewed pressure on the U.S. dollar helped the loonie hold about three cents under recent six-year lows above C$1.28. Oil though continues to serve as a headwind on the northern buck and keep it on vulnerable footing. Oil...
Mar 23, 2015 15:47 pm UTC| Commentary
The Aussie dollar kept to a higher orbit against the greenback, building on last weeks more than 1.5 percent gain which amounted to its best week in a year. But the Aussie sank to record lows against the kiwi dollar. New...
Mar 23, 2015 15:47 pm UTC| Commentary
The otherwise weaker U.S. currency eked out a gain against sterling which continued to suffer from scaled back expectations for a U.K. interest rate hike. Uncertainty ahead of Britains general election in early May served...
Mar 23, 2015 15:46 pm UTC| Commentary
A sense the Fed would raise its key interest rate later rather than sooner worked in the yens favor, which moved below 120 against the greenback. The yield on the U.S. 10-year note has swung from comfortably above 2...
Mar 23, 2015 15:46 pm UTC| Commentary
The euro was off to a choppy start to the week, though it followed up its best week against the greenback in years with another gain. Although the euro benefited from a shift on the U.S. side of the equation, worries about...
Oil Prices Drop as Middle East Supply Recovery Eases Market Concerns
White House Seeks $87.6 Billion Emergency Funding for Iran War, Farmers, and Ebola Response
Japan Signals Preference for Low Interest Rates as BOJ Policy Debate Intensifies
Gold Drops Below $4,000 as Strong US Dollar and Fed Rate Hike Expectations Pressure Bullion
South Korea’s KOSPI Jumps Over 5% as Samsung, SK Hynix Rally on Micron Earnings Boost
US Mobilizes Aid After Powerful Earthquakes Devastate Venezuela
US Urges States and Businesses to Strengthen Taiwan Ties Amid China Pressure
Young Brazilian Voters Shift Right Ahead of 2026 Election
Pelosi Discloses Major Intel and Uber Call Option Purchases Worth Up to $6 Million
Trump Requests $11 Billion More in Farm Aid as Rising Costs Pressure U.S. Farmers
Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028
Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions
SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO
Trump Administration Releases New UFO Files and Apollo Mission Records
China vs. NASA: The New Moon Race and What's at Stake by 2030
SK Hynix Targets $29.4 Billion Nasdaq Listing to Expand AI Chip Business
Alibaba Shares Fall After Anthropic Alleges Massive AI Model Distillation Campaign
Samsung and SK Hynix Shares Jump After Micron Earnings Boost AI Chip Optimism
Micron Stock Surges on Strong AI Demand, Record Revenue, and Bullish Q4 Forecast
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