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S&P/TSX composite loses more than 100 points, U.S. markets also down

S&P/TSX composite loses more than 100 points, U.S. markets also down
thereminder.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thereminder.ca Daily Mail and Mail on Sunday newspapers.

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S&P/TSX composite loses more than 100 points, U.S. markets also down

S&P/TSX composite loses more than 100 points, U.S. markets also down
airdrietoday.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from airdrietoday.com Daily Mail and Mail on Sunday newspapers.

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British Pound Technical Forecast: GBP/USD, GBP/JPY, EUR/GBP

It was a brutal week for the British Pound as the Bank of England warned of the possibility of a ‘sharp economic downturn’ while warning that inflation could climb above 10% in Q3. ....

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Jobs jump lifts kiwi; dollar waits for payrolls

Tom Westbrook
4 minute read
A U.S. dollar banknote is seen in this illustration taken May 26, 2020. REUTERS/Dado Ruvic/Illustration/File Photo/File Photo
SINGAPORE, Aug 4 (Reuters) - The dollar was pinned near recent lows on Wednesday as investors awaited U.S. jobs data for a guide on the interest rate outlook, while a drop in unemployment in New Zealand lifted the kiwi in anticipation that rate hikes could begin there within weeks.
Labour markets are in focus the world over as a bellwether for policy shifts, since central bankers from Wellington to Washington have said a job recovery is a precondition for raising rates. ....

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Dollar trades near recent lows; kiwi climbs

LONDON, Aug 4 (Reuters) - The dollar traded near recent lows on Wednesday as investors awaited U.S. jobs data for a guide on the outlook for interest rates.
The greenback has lost some ground against major rivals over the past two weeks, on warnings from the U.S. Federal Reserve that the job market still had “some ground to cover” before it eases stimulus, training eyes on jobs data.
But it is still up around 2% overall since a Fed meeting in June at which the central bank flagged it was gearing up for sooner-than-expected rate hikes.
On Wednesday the dollar index was broadly flat at around the 92 mark. ....

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