NEW YORK, Dec 6 (Reuters) – As the U.S. dollar tumbles from multi-decade highs, some investors are betting emerging market currencies will be the big winners from a sustained reversal in the greenback. The MSCI International Emerging Market Currency Index (.MIEM00000CUS) is up nearly 5% from its lows and posted its best monthly gain in …
Recommended by Daniel Dubrovsky Get your free forecast of the best trading opportunities Global market sentiment remained upbeat last week. On Wall Street, the Dow Jones, S&P 500 and Nasdaq 100 gained around 0.3%, 1.1% and 1.9% respectively. That’s when the VIX market’s “fear gauge” closed at its lowest since the start of this year. …
Markets Ahead Week: Dow Jones, Gold, US Dollar, Crude Oil, OPEC+, AUD/USD, RBA Read More »
(Bloomberg) – Rising U.S. equity futures signaled a continuation of the index’s lofty gains from Wednesday, fueled by China’s softer stance on Covid and confirmation of a faster pace of rate hikes. slow from Federal Reserve Chairman Jerome Powell. The dollar hit a three-month low. Bloomberg’s Most Read S&P 500 contracts climbed 0.5%, a day …
Acclaimed actions by Powell and China; Dollar Drops: Market Recap Read More »
