EghtesadOnline: The dollar inched higher against a basket of currencies on Tuesday, with traders focusing on the annual central banking conference in Jackson Hole this week for insights into the outlook for monetary policy.
EghtesadOnline: European stock investors and strategists are predicting a pickup in the region’s equities, saying the worst of the drag from a rising euro may be coming to an end.
EghtesadOnline: Treasury Secretary Steven Mnuchin emerged over the weekend as one of the staunchest defenders of Donald Trump in the Cabinet, bringing stability to the administration’s economic policy agenda as it heads into what’s expected to be an unpredictable debt-limit debate.
EghtesadOnline: Even as some analysts decry that gold is looking expensive, the rally may be just getting going.
EghtesadOnline: Don’t get distracted by Thursday’s ECB-driven slump: the euro has been redrawing the global currency map on its journey to multi-year highs.
EghtesadOnline: White House economic adviser Gary Cohn is emerging as the clear front-runner for the nomination to succeed Federal Reserve Chair Janet Yellen, according to a National Association for Business Economics survey.
EghtesadOnline: China’s big trade surpluses hog all the headlines, but imbalances go both ways. South Korea’s $72.2 billion surplus with the People’s Republic in fact tops a list of more than 40 nations that export more to the country than they import from it, followed by Switzerland and Australia, data compiled by Bloomberg show.
EghtesadOnline: The U.K. announced it’s piling pressure on the European Union to shift the focus of Brexit negotiations away from the terms of divorce and onto their future relationship.
EghtesadOnline: Traders have been selling U.S. stocks so heavily lately they might be giving themselves a good reason to buy.
EghtesadOnline: Stock markets have spent the year rising on bets of a resurgence in inflation, while central bankers trying to manage the global economy have spent the same time repeatedly reassuring everyone it's just around the corner.