2023-6-10 09:00 |
Further rate hikes in countries like the UK and Australia could possibly crash their red-hot real estate sectors by increasing mortgage costs.
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The cryptocurrency’s 2018 crash may help cement its place in the bubble record books. Hundreds of other virtual coins have all but gone to zero — following the same path as Pets.com and other red-hot initial public offerings that flamed out in the early 2000s. Bitcoin declined as much as 4.2 percent to $5,791.19 on
2018-6-29 16:15 | |
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Copper prices have been charting their own course, decoupling from declines in aluminum, steel, lithium and cobalt due to two key factors.
The yen has tumbled to multi-decade lows against the U.S. dollar following Japan's exit from negative interest rates.
Ample inventories, weak demand from top consumer China and booming U.S. production are keeping crude oil prices hovering around $80 per barrel.
Gold prices have been setting record highs in recent weeks despite easing expectations on the number of rate cuts this year.
Japan ended its eight-year experiment with negative rates by raising borrowing costs for the first time in 17 years.
Japan's first rate hike in 17 years ends its eight-year experiment with negative rates, rallying the stock market while weighing on the yen.
Is the U.S. economy adding new jobs or shedding them? Both can be true depending on which government data set you are looking at.