The Magazine for Asian Investors
—– The Dow Jones Industrial Average closed slightly higher after a volatile trading session. But the Dow continued its weekly decline for the eighth week in a row. This is the longest decline since April 1932, during the Great Depression.…
The dollar index, which measures the dollar’s performance against six major currencies in a basket of currencies, slowed after hitting a 20-year high of 104.92 on Thursday. Yesterday, it rose 0.33% to 104.51. The dollar rose 0.7% to 129.22 yen,…
The Turkish lira slid to 15.03 against the dollar on Monday, hitting a record low. Since 2021, the Turkish lira has fallen nearly 60% against the dollar amid the highest inflation in the United States in a long time. Turkey’s…
The dollar weakened against a basket of major currencies on Wednesday (May 4) after Federal Reserve Chairman Jerome Powell dismissed the prospect of a sharp 0.75% rate hike, despite concerns about a sharp rise in inflation. The dollar index against…
— The Dow closed more than 900 points lower, its worst one-day loss since 2020, as investors were disappointed with earnings releases from some publicly traded companies and worried about an acceleration in interest rate hikes after inflation in the…
The dollar strengthened against a basket of major currencies on Wednesday (April 26) as the Federal Reserve (Fed) is expected to raise interest rates at its meeting next month. Meanwhile, as the euro continued to depreciate, there were fears that…
—- The Dow on the New York Stock Exchange closed lower under pressure from rising bond yields. Investors remain concerned about inflation and rising interest rates. The Dow Jones Industrial Average closed at 34,451.23, down 113.36, or -0.33%.The S&P 500…
The U.S. dollar index appreciated against the basket of major currencies on Monday (April 11), helped by a rise in U.S. Treasury note yields, including predictions that the Federal Reserve (Fed) will accelerate interest rate hikes to curb inflation. The…
— The Dow Jones Industrial Average closed higher, driven by a rebound in bank stocks, which had fallen in the past. The S&P 500 closed lower after a volatile trading session. Investors remain concerned that the Federal Reserve (Fed) will…
The dollar index, which measures the dollar’s movements against six major currencies in a basket of currencies, rose above 100 for the first time in nearly two years, boosted by expectations that the U.S. Federal Reserve (Fed) will accelerate interest…
