Morgan Stanley Expects Chevron (CVX) to Hit a New High. Can the Oil Giant Keep Rallying?
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Rupee falls to a 3-week low of 95.71, raising financial concerns
The Indian rupee closed at a three-week low of 95.75 on Wednesday. Substantial central bank interventions prevented further losses for the local currency.
Democratic Lawmakers Urge Fed’s Warsh to Disclose Trump Calls
A group of Democratic lawmakers are urging Federal Reserve Chairman Kevin Warsh to disclose any conversations he has had with President Donald Trump since taking over the central bank in May.
Gold holds near $4,500 as US Treasury buyback sends yields lower
Greater official support for the Treasury market may lower opportunity cost of holding gold.
Win Streak May Continue For Hong Kong Shares
(RTTNews) - The Hong Kong stock market has finished higher in three straight sessions, collecting more than 370 points or 1.5 percent along the way.
PBOC sets USD/CNY reference rate at 6.7808 vs. 6.7854 previous
The People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead on Thursday at 6.7808 compared to the previous day's fix of 6.7854 and 6.7196 Reuters estimate.
Australian Market Notably Higher
(RTTNews) - The Australian market is trading notably higher on Thursday, snapping a six-session losing streak, following the broadly positive cues from Wall Street overnight.