The yen fell to a fresh 20-year low against the dollar on Monday, as red hot U.S. inflation data drove up Treasury yields. Central banks’ efforts to raise interest rates will remain in focus this week. The Federal Reserve and the Bank of England are expected to raise rates at their meetings. The yen tumbled … Read more
Stock markets often fell Tuesday as investors were concerned approximately the effect of the Covid outbreak in China and growing hobby fees inside the United States. Wall Street didn’t get any momentum from Monday’s gains and a relief rally in Europe faded as the day wore on. The European unmarried forex hit a two-yr low … Read more
Global stock markets dropped sharply Friday after the Federal Reserve warned of a competitive tightening of economic policy to tame runaway inflation. Frankfurt misplaced 2.5 percent on the near, and Paris ended off 2 percent as investors shrugged off a survey displaying the EU bloc’s financial interest improved in April at the same time as … Read more
