© Reuters. Investing.com – The U.S. dollar edged higher, just below the recent six-month high, making a steady start to the new week as traders digested last week’s series of central bank interest rate decisions. At 03:20 ET (07:20 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, traded
Article by IG Senior Market Analyst Axel Rudolph FTSE 100, CAC 40, Nasdaq 100 Analysis and Charts FTSE 100 drops further as UK retail sales fall by more than expected The rout in the FTSE 100 is ongoing as UK retail sales dropped by 1.2% month-on-month in July, worse than an expected 0.5% drop and
© Reuters Investing.com – The U.S. dollar rose in early European trade Monday, trading near a five-week high on concerns the Federal Reserve could keep raising interest rates, while property sector concerns weighed on the Chinese yuan. At 03:20 ET (07:20 GMT), the , which tracks the greenback against a basket of six other currencies,
Country Garden is a pillar of the Chinese property sector. But for how much longer? Shares in the firm hit a record low on Friday with fears rising that the company is preparing for a debt restructuring. Country Garden had total liabilities of about $194 billion at the end of 2022. Chinese media, Yicai reported,
