Senior Chinese officials have telegraphed confidence in their economy’s underlying solidity, predicting a stabilization in their stocks and currency in a presentation set to be tested in coming weeks.
Bill Gross, the former Pimco "bond king" now with Janus Capital, believes the Federal Reserve could – and should – raise interest rates in September and then hold off on another rate hike for at least six months, a strategy he calls “one and done.”
Every day there are headlines about slowing economic growth in China, and the country’s currency devaluation last month was a catalyst for painful volatility and declines of stocks worldwide. But these events may point to a longer-term problem that U.S. i
The Brazilian real has lost 28% against the dollar just this year. The Turkish lira 20%, Colombian peso 23% and the Indonesian rupiah is down 11% versus the dollar in 2015.
There are those who say this is only the beginning. Get ready for a deeper crash. Then there are those who argue this is just a healthy blip and that stocks will keep going up. Goldman Sachs (GS), for example, still predicts the market will end the year h
“Death cross” patterns continue to spread through the stock market like an epidemic, even infecting market segments believed to be more insulated from overseas turmoil.
U.S. stocks joined a worldwide selloff, after equities’ worst month in more than three years, amid continuing concerns that China’s slowdown will weigh on the global economy.
OPEC signaled that it might cut production in the future and the U.S. lowered output estimates, propelling oil back into a bull market less than a week after hitting a six-year low.
If you think investors in U.S. stocks have had it rough, consider the hapless folks who followed Wall Streets advice to buy emerging-market stocks.
In the year to July, Chinas customs agency reports that imports from Australia are down by $15bn dollars on the same period last year - a loss which is already equal to 1% of Australias GDP,
Oil futures jumped by more than 10% on Thursday, with the U.S. benchmark adding to already large gains following a report that Venezuela asked the Organization of the Petroleum Exporting Countries to hold an emergency meeting.
Central bankers are swooping to the rescue of shaky economies, soothing investor panic for now but highlighting a global addiction to easy money.
At a time when the oil price is languishing at its lowest level in six years, producers need to find half a trillion dollars to repay debt. Some might not make it.
Two things that have supported U.S. stocks in the past, dovish words from the Federal Reserve and improving economic data, triggered the biggest rally since 2011 and halted a plunge that erased $2.2 trillion from share values.
Fear continues to rock the U.S. stock market. A 442-point surge for the Dow vanished at the end of the trading session Tuesday, the latest sign of how anxious markets have become about the health of the global economy.
