LONDON (Reuters) – Stock markets struggled for direction on Friday as investors worried about a lack of detail in the US Federal Reserve’s policy change, while Japanese markets were awakened when Prime Minister Shinzo Abe sacked for health reasons. FILE PHOTO: A pedestrian in the offices of the London Stock …
Read More »What is the Fed’s new policy framework, and why is it doing so?
(Reuters) – Here are five things to know about the Federal Reserve’s new strategy for achieving stable prices and maximum employment. The divisive policy shift was announced on Thursday. FILE PHOTO: Federal Reserve Board building on Constitution Avenue is pictured in Washington, USA, March 19, 2019. REUTERS / Leah Millis …
Read More »Breakingviews – Pinduoduo is stunned by its own store hype
Colin Huang, founder and CEO of the online group discounter Pinduoduo, speaks during the debut of the trading on the Nasdaq Stock Market in New York, during an event in Shanghai, China July 26, 2018. Image taken July 26, 2018. Yin Liqin / CNS via REUTERS ATTENTION EDITORS – This …
Read More »Coronavirus treatment hopes to increase global stocks
LONDON (Reuters) – Stock markets rallied for a second straight session on Monday in hopes of treating coronavirus risk assets and the markets stepped up for the U.S. Federal Reserve’s annual meeting later this week. FILE PHOTO: The London Stock Exchange Group’s offices are on display in the City of …
Read More »Coronavirus treatment hopes to increase global stocks
LONDON (Reuters) – Stock markets rallied for a second straight session on Monday in hopes of treating coronavirus risk assets and the markets stepped up for the U.S. Federal Reserve’s annual meeting later this week. FILE PHOTO: The London Stock Exchange Group’s offices are on display in the City of …
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