Market Recap Wall Street started the new trading week on a positive footing, as risk appetite rose ahead of several key earnings releases this week, single-handedly uplifted by the technology (+1.3%) and financial (+1.0%) sectors. A surprise expansion in the New York Empire State Manufacturing Index (1.1 versus -4.3%) overnight added to the list of positive […]
Most Asian currencies kept to a tight range on Tuesday as concerns over slowing economic growth in China continued to weigh, with focus turning to more upcoming cues on the U.S. economy and monetary policy. The dollar languished near 15-month lows, as weak inflation readings saw markets pricing in potentially fewer interest rate hikes by the Federal […]
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