Following strong U.S. job data, stocks and currencies recovered after a brief dip. Emerging market currencies and stocks pared some of their gains on Friday after a much stronger-than-expected increase in US payrolls bolstered the case for another major interest rate hike by the Federal Reserve, but they quickly returned to pre-data levels. The Fed’s […]
Yields fall to a five-week low ahead of the Fed meeting minutes. Benchmark Treasury yields in the United States fell to five-week lows on Wednesday, as inversions in key parts of the yield curve deepened ahead of the release of minutes from the Federal Reserve’s June 14-15 meeting. Yields rose in the run-up to the […]
Toronto index set for best monthly gain in five On Thursday, Canada’s commodity-heavy main stock index set a new high and was on track for its best monthly performance in five years, as gold prices rose, lifting precious metal miners. The S&P/TSX composite index of the Toronto Stock Exchange was up 78.12 points, or 0.35 […]
Futures in the United States are higher ahead of Powell’s speech. US stock futures rose on Tuesday, led by a rebound in technology firms, as traders awaited Federal Reserve Chair Jerome Powell’s address. Futures on the Dow Jones Industrial Average rose 0.1 % , S&P 500 futures jumped 0.2 % , and Nasdaq futures rose […]