• Reuters6 hours ago

    Euro zone to decide on Greek debt relief as bailout exit nears

    Euro zone finance ministers will decide on Thursday how much cash and debt relief to give Greece in return for compliance with economic reforms, to ensure Athens can finance itself after it exits its bailout in August. Greece has been living primarily on money borrowed from euro zone governments in three bailouts since 2010, when it lost market access because of a ballooning budget deficit, huge public debt and an inefficient economy and welfare system. Euro zone governments, now Greece's main creditors, plan to look at its debt servicing costs over coming decades to smooth out any sharp peaks.

  • Day Ahead: Top 3 Things to Watch
    Investing.com6 hours ago

    Day Ahead: Top 3 Things to Watch

    Investing.com - Here’s a preview of the top 3 things that could rock markets tomorrow

  • Investing.com7 hours ago

    Bitcoin Steadies Amid Fresh Cyberattack of Major Crypto Exchange

    Investing.com – Bitcoin's steadied from a drop earlier in the session, shrugging off a report of a cyberattack on a major cryptocurrency exchange.

  • Investing.com8 hours ago

    Gold Prices Hover Above Session Lows as U.S. Bond Yields Rise

    Investing.com – Gold prices hovered above session lows Wednesday as fears of a full-blown trade war between the U.S-China eased, sending U.S. bond yields higher, hurting demand for safe-haven gold.

  • MarketWatch9 hours ago

    Dollar steadies as trade-war worries cool—for now

    The dollar saw muted action Wednesday, as major currency trading calmed somewhat, a day after fears of a trade war between China and the U.S. sparked fresh haven buying. The U.S. ICE Dollar Index (IFUS:DX-Y.NYB), which measures the greenback against a basket of six rivals, was little changed in negative territory at 95.095, after touching an 11-month peak on Tuesday, underlining a period of relative placidity after markets were thrown into a tizzy after the U.S. threatened to place tariffs on an additional $400 billion worth of Chinese imports and Beijing warned it would retaliate. A broader gauge of dollar strength, the WSJ Dollar Index (CALCULATED:BUXX), was 0.1% stronger at 88.31.

  • Investing.com9 hours ago

    Dollar Subdued as GBP/USD Fights Back, U.S. Housing Data Fall Short

    Investing.com – The U.S. dollar was roughly unchanged against its rivals Wednesday as softer U.S. economic data and a rebound in sterling kept a lid on upside momentum.

  • Here’s one way for British-pound bulls to prep for the Bank of England policy meeting
    MarketWatch10 hours ago

    Here’s one way for British-pound bulls to prep for the Bank of England policy meeting

    Traders looking to get bullish on the British pound ahead of Thursday’s Bank of England meeting might want to try taking the dollar out of the equation, analysts said. Sterling (GBPUSD) hovered around a 7-month low versus the dollar ahead of the central bank meeting, thanks in part to a nearly relentless rally by the U.S. currency that began back in April. To get around that, traders looking for a more hawkish tone from the Bank of England might look to the euro-sterling (EURGBP) pair, which is also seen as a more accurate Brexit risk barometer, analysts said.

  • Reuters10 hours ago

    German finance minister defends euro reforms against conservative attack

    Germany's finance minister on Wednesday defended a euro zone reform blueprint agreed with France against criticism by Chancellor Angela Merkel's conservatives that it could undermine monetary stability. Members of Merkel's conservative bloc opposed to larger financial contributions to the euro zone criticised her agreement with French President Emmanuel Macron to create a common budget for the currency bloc. Merkel and Macron hailed a "new chapter" for the euro zone after talks at the Meseberg retreat outside Berlin on Tuesday where they praised the budget as a tool to strengthen economic competitiveness in the currency union.

  • Gold Price Prediction – Gold Continues to Drop Poised to Test Lower Levels
    FX Empire11 hours ago

    Gold Price Prediction – Gold Continues to Drop Poised to Test Lower Levels

    Gold prices continued to move lower as the dollar gains traction and risk aversion abates. The U.S. current account widened much to the dismay of the White House allowing the dollar to grind higher paving the way for lower gold prices. The stronger than expected mortgage index also buoyed the dollar. The yellow metal is poised to test target support near the December 2017 lows at 1,236. Resistance is seen near the 10-day moving average which is the former breakdown level at 1,289. ...

  • Gold Steady as Dollar Rises and Trade Tensions Ease
    Investing.com12 hours ago

    Gold Steady as Dollar Rises and Trade Tensions Ease

    Gold prices were steady at a six-month low on Wednesday, as the greenback rose and trade tensions waned. Comex gold futures for August delivery were down 0.20% to $1,276.10 a troy ounce as of 10:38 AM ET (14:38 GMT). Trade tensions between the U.S. and China eased but still remained on the back of investors minds, as the two largest economies in the world faced a tit-for-tat over trade tariffs.

  • Stocks- Wall Street Rallies as Trade Tensions Wane
    Investing.com13 hours ago

    Stocks- Wall Street Rallies as Trade Tensions Wane

    The S&P 500 gained six points or 0.25% to 2,769.56 as of 9:41 AM ET (13:41 GMT) while the Dow composite increased 26 points or 0.11% to 24,664.33 and tech heavy NASDAQ Composite rose over 40 points or 0.52% to 7,766.07.

  • Cryptos Fall After Another Exchange Hack
    Investing.com14 hours ago

    Cryptos Fall After Another Exchange Hack

    Bitcoin was trading at $6,626.10, decreasing 2.27% the Bitfinex exchange, as of 8:39 AM ET (12:39 GMT).

  • Stocks- U.S. Futures Attempt Recovery as Trade Tensions Lull
    Investing.com16 hours ago

    Stocks- U.S. Futures Attempt Recovery as Trade Tensions Lull

    Investing.com – U.S. futures were higher on Wednesday as trade tensions died down.The S&P 500 futures were up 10 points or 0.36% to 2,776.25 as of 6:45 AM ET (10:45 GMT) while Dow futures increased 127 points or 0.51% to 24,842.0. Meanwhile tech heavy Nasdaq 100 futures rose 26 points or 0.36% to 7,278.25.Trade tensions between the U.S. and China still remained on the back of investors minds, as the two largest economies in the world faced a tit-for-tat over trade tariffs.Stocks tumbled on Tuesday after U.S. ...

  • Nasdaq rallies as Facebook, Netflix notch all-time highs
    Yahoo Finance Video11 hours ago

    Nasdaq rallies as Facebook, Netflix notch all-time highs

    Yahoo Finance’s Seana Smith and Jared Blikre on the biggest stories moving the markets in midday trading Wednesday.