Recession is the looming threat that investors have overlooked for months. Bank survey of clients to 4.11% in the recession predicting model of the New York Federal Reserve. The first six months were full of surprises, including inflation and largest selloff in bonds in decades. As per media sources, US markets are beginning to fear … Read more
Tokyo stocks fell on Tuesday after a strong rally the day before, as rising US yields worried investors. The Nikkei 225 index fell 0.33 percent, or 89.63 points, to 27,279.80, while the Topix index fell 0.51 percent, or 9.77 points, to 1,912.67. The dollar stood at 127.79 yen, against 127.59 yen in London, with US … Read more
Wall Street shares bounced early Friday, following gains in Europe and Asia after China lowered a key hobby fee, as US markets sought a superb give up to a dreary week. Major indices had been down about 3 percent heading into Friday’s session, forced by means of recession fears following negative results from US retailers … Read more
Stock market vacations are non-weekend business days while the two predominant U.S. Stock exchanges, the New York Stock Exchange (NYSE) and the Nasdaq, are closed for the day. These vacations normally closely follow federal excursion schedules, as they may be usually principal vacations like Christmas and Independence Day. Regular working hours for each exchanges are … Read more
KARACHI: The rupee gained 15 paisas against the dollar on Monday, as holiday in the US markets lowered the foreign currency demand in the domestic market, dealers said. The interbank foreign exchange market ended at Rs175.92 against the dollar from last Friday’s closing of Rs176.07. The dealers said the US markets were observing the holiday … Read more
