The US dollar strengthens early Monday; retail sales and the FOMC’s focus of the week on Wednesday The US dollar rose against its major trading partners early Monday, as markets prepared for a busy week that included the release of May retail sales Wednesday morning and the Federal Open Market Committee announcement Wednesday afternoon. The […]
The 10-year yield in the United States has fallen to a three-week low as weak data fans growth fears. US Treasury yields fell on Thursday, with those on benchmark 10-year notes falling to three-week lows, as continued softness in US economic data fueled growth concerns despite the Federal Reserve’s aggressive path of monetary tightening. Yields […]
The Russian Ministry of Finance and the Central Bank are unable to reach an agreement on how to cope with the rise of cryptocurrency. Despite the central bank’s worries, Russia’s finance ministry is sticking to its intentions to deploy Bitcoin technology. The debate between the Ministry of Finance and the Bank of Russia heated up […]