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Finance

Dollar struggles to recover from Powell’s dovish surprise

Bermuda Broadcasting Newsdesk -
The U.S currency added 0.1% to $1.1705 per euro, but remained within striking distance of Friday's low at $1.174225 International News via Reuters: The U.S. dollar...
News - World

Dollar drops as Powell signals possible September rate cut

Bermuda Broadcasting Newsdesk -
The dollar index was last down 0.77% on the day at 97.85, after trading around 98.7 before Powell's comments International News via Reuters: The dollar fell...
News - World

Walmart hikes annual forecast as low price focus draws shoppers

Bermuda Broadcasting Newsdesk -
The company's results show it has continued to benefit from growing price sensitivity among Americans International News via Reuters: Walmart on Thursday raised its fiscal year...
Finance

US, EU lock in trade deal; US official sees auto tariff relief in weeks

Bermuda Broadcasting Newsdesk -
In a 3-1/2-page joint statement, the two sides listed the commitments made International News via Reuters: The United States and the European Union on Thursday locked...
Finance

Dollar steady before Jackson Hole, kiwi drops on dovish RBNZ

Bermuda Broadcasting Newsdesk -
The dollar index, which measures the U.S. currency against six others, was flat at 98.319, after earlier touching a more than one week high...
Finance

Dollar slips as markets digest Ukraine summit, await Fed comments

Bermuda Broadcasting Newsdesk -
The euro and sterling rose about 0.2% each to $1.1686 and $1.3524, respectively International News via Reuters: The dollar dipped against major peers on Tuesday as...
Finance

Dollar gains before Ukraine peace talks, Fed policy in focus

Bermuda Broadcasting Newsdesk -
Traders pared bets on a cut at the Fed’s September 16-17 meeting after producer price inflation was hotter than expected in July International News via...
Finance

Britain will not bail out bioethanol industry hit by Trump trade deal

Bermuda Broadcasting Newsdesk -
It would also serve as a stark example of the global impacts of Trump's assault on world trade International News via Reuters: Britain's government will not...
Finance

Global stocks near record highs as markets await Trump-Putin talks

Bermuda Broadcasting Newsdesk -
The MSCI All Country World Index consolidated recent gains as European stocks edged higher in early trading International News via Reuters: Global stocks traded near record...
Finance

Dollar up as US producer prices surge in July

Bermuda Broadcasting Newsdesk -
The hot measure of inflation at the wholesale level follows the release on Tuesday of a better than feared rise in consumer prices in...
Finance

Stocks take a breather, Fed rate-cut drumbeat weighs on dollar

Bermuda Broadcasting Newsdesk -
MSCI's global share index flatlined, after hitting all-time peaks for the two previous sessions International News via Reuters: Traders ramped up Fed rate cut bets on...
News - World

Ford’s new line of affordable vehicles to start at about $30,000

Bermuda Broadcasting Newsdesk -
The new midsize four-door pickup will be assembled at the automaker's Louisville, Kentucky, plant International News via Reuters: Ford plans to start rolling out its new...
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