1191 days ago
Net short non-commercial positions in futures linked to the ICE U.S. Dollar Index have surged to the most since March 2011, according to the latest Commodity Futures Trading Commission data. Source Bloomberg
1197 days ago
See for yourself with Reuters Graphics:
1198 days ago
London's FTSE 100 which gains from a weaker pound due to its export heavy nature, fell 0.3 per cent on news of an increasing pound. On the other hand the UK's FTSE 250 mid-cap index is 0.4 per cent higher since it contains firms more dependent on the domestic economy's health. Source; WSJ
1198 days ago
Low interest and investors' appetite for risk have pushed the dollar down to its lowest level in 32 months. Note that the light gray square highlights a recession period.
1200 days ago
Hong Kong stocks ended lower on Monday on worries over China-U.S. tensions, although losses were capped by policy support from Beijing. The Hang Seng index fell 0.7% to 26,306.68, while the China Enterprises Index lost 0.8% to 10,401.83.U.S. lawmakers will back $1.9 billion to fund a program to remove telecom network equipment that the U.S. government says poses national security risks as part of a $900 billion COVID-19 relief bill, two sources briefed on the matter said on Sunday. The Hang Seng telecommunications index fell 2.4% after the news. Hong Kong shares in China’s top chipmaker SMIC dropped 3.8% after the company said on Sunday that being put on a U.S. trade blacklist would pose a significant adverse impact to its research and development in its 10-nanometer and more advanced chip technology. Source: Reuters
