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Market Snapshot: Dow ends at record after Fed raises rates; financial stocks pressure S&P 500

U.S. stocks rise on Wednesday, with both the Dow and the S&P 500 hitting records after the Federal Reserve raised interest rates, as had been widely expected......»»

Category: topSource: marketwatchDec 13th, 2017

Turkish lira hits record low on strains in U.S. ties

The Turkish lira weakened to a record low of 3.9470 against the dollar on Tuesday, extending losses driven by concerns about Ankara's strained relations with the United States, inflation risks and monetary policy uncertainty. Sonia Legg reports......»»

Category: videoSource: reutersNov 21st, 2017

Turkish Lira, Bonds Plunge After Erdogan Tells Central Bank "It"s On The Wrong Path"

Turkish lira plunged near record low 3.9/USD this morning and bond yields spiked over 12.5% for the first time in history as investor anxiety e.....»»

Category: blogSource: zerohedgeNov 17th, 2017

Germany, China lift world stocks, Spanish worries simmer

LONDON (Reuters) - World shares rose on Monday, with Chinese stocks hitting 21-month highs and the German index setting a new record, while political uncertainty triggered big moves in sterling, the Turkish lira and Spanish debt......»»

Category: topSource: reutersOct 9th, 2017

Germany, China lift world stocks, Spanish worries ease

LONDON (Reuters) - World shares rose on Monday, with Chinese stocks hitting 21-month highs and Germany a record, while political uncertainty triggered big moves in sterling, the Turkish lira and Spanish debt......»»

Category: topSource: reutersOct 9th, 2017

No Turkish Delight

Turkish lira was sitting close to record lows against the dollar as Ankara and Washington each cancelled visa services for the other in a deepening diplomatic row. The greenback also soared more than six percent to 3.8533 lira at one point before ea.....»»

Category: topSource: marketpulseOct 9th, 2017

Stocks fall at the open on fears rising inflation will pressure Fed to hike rates

U.S. equities opened lower on Thursday, slipping from record highs, after strong inflation data raised the possibility of tighter monetary policy from the Federal Reserve......»»

Category: topSource: moneycentralSep 14th, 2017

Stocks fall at the open on fears rising inflation will pressure Fed to hike rates

U.S. equities opened lower on Thursday, slipping from record highs, after strong inflation data raised the possibility of tighter monetary policy from the Federal Reserve......»»

Category: topSource: moneycentralSep 14th, 2017

Currencies: Dollar remains under pressure; pound slides as BOE strikes dovish note

The U.S. dollar remain under pressure against most major peers on Thursday except for the U.K. pound which fell after the Bank of England kept interest rates at a record low......»»

Category: topSource: marketwatchAug 3rd, 2017

CPI inflation falls to record levels, IIP at 3-month low: Will RBI cut rates?

Pressure mounts on central bank to cut rates; food deflation persists amid farmer distress.....»»

Category: topSource: business-standardJul 13th, 2017

CPI inflation falls to record levels, IIP at three-month low

Pressure mounts on central bank to cut rates; food deflation persists amid farmer distress.....»»

Category: topSource: business-standardJul 12th, 2017

The Wall Street Journal: Turkish President Erdogan calls snap election

Turkey’s President Recep Tayyip Erdogan on Wednesday called an election more than a year early, a gambit that could help him secure a new term while the nation is still clocking record economic growth......»»

Category: topSource: marketwatchApr 18th, 2018

Turkish Stocks, Lira Surge After Erdogan Announces Early Elections

For the first time in party history, Turkish President Recep Tayyip Erdogan called for early elections on June 24, moving them forward by more than a y.....»»

Category: blogSource: zerohedgeApr 18th, 2018

London Markets: U.K. stocks rise as disappointing inflation eases pressure on BOE to hike

U.K. stocks rose for a second straight day on Wednesday, moving higher after a disappointing reading on Britain’s inflation reduced pressure on the Bank of England to raise rates next month......»»

Category: topSource: marketwatchApr 18th, 2018

Sugar production in India to cross record 30 mt, prices under pressure

With falling prices, sugar companies' share prices have crashed.....»»

Category: topSource: business-standardApr 17th, 2018

Why Bank of America Earnings Hit a Record High

Bank of American posted record quarterly earnings Monday morning as higher interest rates and lower tax rates worked their magic......»»

Category: blogSource: 247wallstApr 16th, 2018

JPMorgan posts record profit as banks benefit from tax law

JPMorgan Chase & Co. says its first-quarter profit jumped 35 percent from a year ago, helped by higher interest rates and a lower tax bill due to the recently passed tax law......»»

Category: topSource: foxnewsApr 13th, 2018

JPMorgan posts record profit in 1Q, helped by lower taxes

JPMorgan Chase & Co. says its first-quarter profit jumped 35 percent from a year ago, helped by higher interest rates and a lower tax bill due to the recently passed tax law......»»

Category: topSource: foxnewsApr 13th, 2018

Turkey's Erdogan says tumbling currency not a concern

Turkish President Tayyip Erdogan struck back at international investors on Thursday, saying that no one could bring the country to heel by using exchange rates. As Kate King report.....»»

Category: topSource: usatodayApr 12th, 2018

Turkey"s Erdogan says tumbling lira not a concern

Turkish.....»»

Category: videoSource: reutersApr 12th, 2018