Dollar drifts, Asian stocks mixed
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Hong Kong stocks fluctuate
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Jackson Hole, stocks
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Stock Market Today: Dow edges lower
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The stock market is heading into a catalyst-filled week as Fed Chair Jerome Powell gets ready to speak at Jackson Hole and big retailers report earnings.
India's equity benchmarks are set to open little changed on Thursday, following a five-session rally driven by tax-cut hopes, as investors await the Federal Reserve's annual symposium for rate trajectory cues.
Liquidity constraints pose a significant challenge for BTC bulls looking to engineer a steep uptrend well into the year-end.
Powell has never responded directly to Trump's provocations, and I, personally, expect this issue to play a predominant role at his latest meeting in Jackson Hole, perhaps even more so than the interest rate discussion. The independence of central banks is much more important than a 25 basis point change in the coming month.
The takeaway is that markets aren’t pricing in any sort of “succession premium” tied to any one chairman. The glidepath of monetary policy — regardless of Powell’s successor — appears structural, anchored to the Fed’s backward-looking framework . If that holds, it would mark a break from recent history.
while regional currencies held steady as investors looked forward to the U.S. Federal Reserve's annual Jackson Hole symposium for clarity on economic outlook and policy direction. Taiwan and South Korea stocks rebounded, climbing 1.5% and more than 1.2% ...
U.S. stocks remained lower in final hour of trading on Tuesday, as investors turned cautious ahead of the Federal Reserve's Jackson Hole Economic Policy Symposium later this week. The Dow Jones Industrial Average was falling 0.