The Latest Breaking News from US Federal Reserve

While NZDUSD continued its bearishness last week, it showed a strong move up on Wednesday to produce a Thursday high. However, it sold off very quickly as it continued its drop during Thursday's London and New York sessions.

Investors' worries over the Fed’s aggressive stance to fight the multi-decade high inflation and intensifying geopolitical tensions have recently pushed benchmark indexes into correction territory. Therefore, many quality stocks are trading at attractive valuations now. Since value companies often do well in an inflationary environment, it could be prudent to…

Sterling’s recent tumble is just the latest in a saga of painful episodes for successive UK governments. During the post-war era of “fixed but adjustable” exchange rates, British politicians were regularly faced with the terrifying risk of a currency devaluation. Poor underlying competitiveness left successive administrations facing severe trade deficits.…

Biotech stocks declined yet again in the week ending May 6, dragged lower by macroeconomic concerns following the Federal Reserve's 50-basis-point rate hike. The iShares Biotechnology ETF (NASDAQ: IBB), considered a proxy for the sector, shed close to 3 percent during the week.

The stock market has been under pressure of late for various macroeconomic and geopolitical reasons. Investors are primarily worried now that the Fed’s aggressive monetary policy tightening to tame surging inflation could tip the economy into recession. We think investors who believe the market has still to hit bottom even…

Value stocks continue to be the lone bright spot in this gloomy market. How to use the StockNews screener to uncover some hidden diamonds in the rough.

The Federal Reserve's 50-basis-point interest rate hike announced last week triggered a positive reaction initially.

Australian shares have fallen, dragged lower by mining stocks, with investors globally maintaining a cautious stance over rate-hike worries and as tightening COVID-19 restrictions in Shanghai fuelled concerns about a possible recession.

Soaring inflation tops the agenda when the Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) meets this Wednesday to discuss Thailand's economic outlook in the second half of the year.