China’s currency has dropped over 5% against the dollar since a late September high, after Donald Trump threatened tariffs as high as 60% on the Asian nation. Depending on how the incoming President ...
Gravelle said Canada is set to be among the first major central banks to end QT for three reasons: the bank’s balance sheet was smaller as a proportion of the economy relative to its peers, it ended ...
In Asia, data set for release includes producer prices in Japan, employment in Australia and a rate decision in South Korea. Bank of Korea is expected to cut borrowing costs 25 basis points to 2.75%.
Bloomberg’s flexible and interoperable research datasets are purpose-built to support sophisticated analysis, backtesting and ...
Lululemon’s strategic plan sees the company reaching US$12.5 billion in annual revenue by 2026. It intends to reach that target in part by growing internationally, expanding online sales and selling ...
Bank of America Corp., which previously projected two quarter-point Fed rate cuts this year, said it no longer expects any, ...
The Wall Street bank now sees the euro falling below parity to 0.97 against the dollar in six months — a level last breached in 2022 after Russia’s invasion of Ukraine triggered an energy crisis in ...
The grim mood is a far cry from last autumn, when a string of monetary policy stimulus, and promises of fiscal steps, saw stocks stage an epic rally. The yuan was also at the strongest in over a year ...