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Asian Stocks Gain After US Rally on Fed Rate Hopes: Markets Wrap

(Bloomberg) Asian stocks eked out gains, following Wall Street’s advance on optimism the Federal Reserve will start cutting interest rates this year. The yen dropped. Most Read from BloombergIsrael Says a Cease-Fire Plan Backed by Hamas Falls ShortJack Dorsey Leaves Bluesky Board, Calls X ‘Freedom Technology’At $2 Million Per Minute, Treasuries Mint Cash Like Never BeforeEx-Trump Controller Says Cohen Repaid From Personal AccountS&P 500 Extends Gains in Final Minutes of Trading: Markets WrapJ ....

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The US may already be in recession as job cuts accelerate, research CEO says

The ongoing recession may have been triggered way back in October 2023, says Danielle DiMartino Booth. ....

David-rosenberg , Qi-research , Goldman-sachs , Danielle-dimartino-booth , Fox-business , Bloomberg-tv , I-research , Unemployment ,

Yen Wipes Out Friday's Gain as Market Focus Returns to Yield Gap

(Bloomberg) The yen has erased its sharp rebound on Friday, as concern over Japan’s low interest rates outweighs any bullishness stoked by suspected official intervention and weaker-than-expected US data.Most Read from BloombergTruce Talks Drag as Hamas Hits Israel Crossing in Deadly AttackBuffett Praises Apple After Trimming It, Drops Paramount StakeFrance’s Macron Calls for Reset of Economic Ties With ChinaTreasury Rally Risks Running Into a $125 Billion Brick WallXi Begins Europe Tour in P ....

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Powell Keeps Rate Cuts on Table But Leaves Timing Less Certain

(Bloomberg) Federal Reserve Chair Jerome Powell kept hopes alive for an interest-rate cut this year while acknowledging that a burst of inflation has reduced policymakers’ confidence that price pressures are ebbing.Most Read from BloombergUS and Saudis Near Defense Pact Meant to Reshape Middle EastTesla Axes Supercharger Team in Blow to Broader EV MarketNYPD Arrests Over 300 Protesters in Crackdown on College CampusesThe Ozempic Effect: How a Weight Loss Wonder Drug Gobbled Up an Entire Econo ....

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Deutsche Bank's Investment Bankers Step Up as Rate Boost Fades

(Bloomberg) Deutsche Bank AG relied on its traders and investment bankers to make up for a slowdown in income from lending, as Chief Executive Officer Christian Sewing seeks to deliver on an ambitious revenue goal.Most Read from BloombergBiden’s Gains Against Trump Vanish on Deep Economic Pessimism, Poll ShowsZuckerberg Asks for Patience After Meta’s AI Push Irks InvestorsTaylor Swift Is Proof That How We Critique Music Is BrokenMalaysia in Talks With Tycoons on Casino to Revive $100 Billion ....

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