Cina Coren is a former Wall Street broker and financial advisor. She holds a Master's degree in Communications and spent many years writing for international news outlets and journalistic publications. Today, Cina spends most of her time writing internet articles and blogs, and reading various newspapers to stay on top of the news.
The Nikkei 225 fell initially on Friday but found enough support at the ¥19,000 region to turn around and form a hammer.
Wall Street ended slightly lower Thursday as investors await a much-anticipated speech by Federal Reserve Chairwoman Janet Yellen on Friday that may offer clues to the central bank’s next rate move.
Asian stocks were mixed Thursday morning as traders pulled back, awaiting the next meeting of the FOMC and Fed Chair Janet Yellen’s decision on whether to set another rate hike in motion.
A recent report published in collegedebt.com has the current student debt in the U.S. standing at $1.4 trillion.
The dollar moved up on Wednesday as markets looked towards the meeting of global central bankers in Wyoming and a speech by Fed Chair Janet Yellen on Friday for clues on whether the Federal Reserve is poised to hike interest rates again.
Crude oil prices continued to fall in early Asian trade Tuesday, as optimism for a production freeze faded on reports that Iraq is preparing to ramp up exports and Nigeria could follow soon.
The dollar continued to gain against the yen and euro on Monday on positive reports from U.S. Federal Reserve policymakers who expressed support for a near-term U.S. interest rate hike.
Oil prices surged dramatically in the last two weeks thanks to OPEC freeze talk, but there's little expectation the cartel will act, especially now that crude is trading 24 percent higher just on hot air.
The U.S. dollar hit a seven-week low against a basket of major currencies on Thursday, following the release of the minutes from the Federal Reserve's July meeting which indicated that there were more policy committee members opposed to a near-term rate hike than those who were in favor of one.
The U.S. is experiencing a drastic drop in debt due to a drastic sell-off by a host of foreign central banks.