Tag Archives: Monetary policy

Turkish lira sinks after Erdogan head of central-bank

Following the sudden ouster of the central-bank governor last week, Turkey’s currency fell nearly 8% on Monday, setting the course for its biggest single-day selloff since 2018. According to Factset, the lira touched a low of 2 8,280 compared to 2 7,219. Turkish stock also sank. The uproar erupted after …

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Stock Futures Edge Lower After Dow Milestone

A day after the Dow Jones Industrial Average closed above 1,000,000 for the first time, U.S. investors clashed with investors selling government bonds and high-value technology stocks. Stock futures are down. S&P 500 futures fell 0.4% after the broad market gauge hit an all-time high on Wednesday. The Nasdaq 100 …

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How the American Mortgage Machine Works

Every family needs a home, and so many risks are created by a standard 30-year mortgage in America. Finding an investor to take every risk is the work of Rub Goldberg’s paradox, which is the US housing-finance industry. How it all fits together investors will one day be seen wandering …

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U.S. Stock futures will wait for investors of economic data

Investors are waiting for stimulus talks, new guidance from the Federal Reserve and key economic data as US stock futures rebounded on Wednesday. Futures linked to the S&P 500 rose 0.2 percent, indicating that the broad market gauge could climb the second day after New York’s opening. Nasdaq-100 futures are …

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