Dollar steadies after hitting one-week low versus yen; BOJ stands pat

Masayuki Kitano SINGAPORE (Reuters) – The dollar touched a one-week low versus the yen on Tuesday as investors turned cautious following news that investigators probing Russian interference in the U.S. election had charged President Donald Trump’s former campaign manager. The yen showed limited reaction after the Bank of Japan kept its monetary policy steady on Read more about Dollar steadies after hitting one-week low versus yen; BOJ stands pat[…]

Oil eases on profit-taking but sentiment remains strong as supply cuts bite

Henning Gloystein SINGAPORE (Reuters) – Oil prices eased on Tuesday as traders took profits following days of gains and as the prospect of increasing U.S. exports dampened overall bullish sentiment that has driven Brent above $60 per barrel. Traders said that Iraq’s move to increase oil exports from its southern ports by 220,000 barrels per Read more about Oil eases on profit-taking but sentiment remains strong as supply cuts bite[…]

BOJ keeps policy steady; board newcomer signals desire for easing

Leika Kihara, Stanley White TOKYO (Reuters) – The Bank of Japan kept monetary policy steady and roughly maintained its ambitious price forecasts on Tuesday, pointing to signs of growing strength in the economy that policymakers hope will accelerate inflation toward its elusive 2 percent target. Board newcomer Goushi Kataoka made no proposal on additional easing, defying Read more about BOJ keeps policy steady; board newcomer signals desire for easing[…]

The Dow just logged its longest period without a 1% intraday move since 1930

The Dow has gone 51 straight trading days without an intraday swing of at least 1% The Dow is making history for not dropping. The Dow Jones Industrial Average carved out fresh history Monday, in an otherwise downbeat day, with a historic period of relative tranquility on Wall Street. The Dow DJIA, -0.36%  has traversed 51 consecutive trading Read more about The Dow just logged its longest period without a 1% intraday move since 1930[…]

What financial advisers say about investing in bitcoin

Despite the temptation, the market and regulatory risks are too great A man walks past a display cabinet containing models of Bitcoins in Hong Kong in August 2016. Bitcoin has a history of price swings related to security breaches, hacking and regulatory scrutiny and action. Is now the time for individual investors to put some Read more about What financial advisers say about investing in bitcoin[…]

Halloween not scary enough? This is the No. 1 financial fear of most Americans

Sometimes the most frightening plot twist involves your finances What could scare the living daylights out of you? This Halloween, Americans’ biggest fear plays right into their greatest vulnerability: Their lack of savings. More than a quarter (26%) of Americans say an unplanned financial emergency is their biggest financial fear, followed by job loss (20%), Read more about Halloween not scary enough? This is the No. 1 financial fear of most Americans[…]

Oil markets tighten, Brent approaches $60 per barrel

Jane Chung SEOUL (Reuters) – Oil prices held steady on Friday, with Brent crude hovering near $60 a barrel, buoyed by comments from Saudi Arabia’s Crown Prince backing the extension of OPEC-led output cuts. International benchmark Brent crude futures LCOc1 were up 3 cents, or 0.05 percent, at $59.33 a barrel at 0648 GMT. Brent Read more about Oil markets tighten, Brent approaches $60 per barrel[…]

Amazon, Google, Microsoft and Intel find billions more in profit

By JEREMYC. OWENS – TECHNOLOGY EDITOR Amazon, Google, Microsoft and Intel increased profits by more than $2 billion and revenue by $19 billion in just one year Technology companies have been dominating the news and investors’ attention, and a series of earnings reports Thursday afternoon showed why. Four of the most valuable tech companies in the world—Amazon.com Read more about Amazon, Google, Microsoft and Intel find billions more in profit[…]