“While dollar bulls are numerous and perhaps most vocal in expressing their views, there seems to be a more ‘silent’ plurality of investors looking to sell the dollar instead,” strategists including David Adams wrote in a note. “Many have dry powder and are waiting for a sign to enter shorts.”
Major U.S. banks Morgan Stanley and Bank of America are exploring cryptocurrency service offerings while awaiting regulatory clarity, marking a shift in traditional banking's approach to digital assets.
Traders looking to sell the world’s reserve currency are far more common than thought even as the dollar’s dominance rips across markets, according to Morgan Stanley.
Citing concerns about going outside its statutory mandate, the Federal Reserve Board of Governors voted to leave the Network of Central Banks and Supervisors for Greening the Financial System.
The strategists see potential catalyst for a dollar decline, including inflation data, Federal Reserve rate cuts, and trade policy. Morgan Stanley Global Head of Macro Strategy Matthew Hornbach ...
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To make our list of the best falling stocks to invest in right now, we scanned the US stock market for stocks that have fallen significantly and are trading close to their 52-week lows (0-10% above). We then settled on the top ten fallen stocks that have the potential to bounce back. We finally ranked these stocks based on their upside potential.
The Fed's benchmark rate stands at 4.25% to 4.5% after the central bank lowered it by a full percentage point last year. The Fed's easing cycle began after rate hikes had helped bring down inflation from 40-year highs, although it remains above the Fed's 2% annual target.
Tokyo's Nikkei 225 index gained 0.3% to 40,074.87 after the central bank raised its benchmark rate to about 0.5% from 0.25%, as widely expected. It is the highest level for the rate since 2008, as the Bank of Japan shifts out of a long spell of extreme low interest rates meant to spur more borrowing and spending.
Traders looking to sell the world’s reserve currency are far more common than thought even as the dollar’s dominance rips across markets, according to Morgan Stanley.
A group of banks led by Morgan Stanley is preparing to sell as much as US$3bil of senior debt tied to Elon Musk’s buyout of X, the social media platform formerly known as Twitter, according to people with knowledge of the matter.
The US Federal Reserve’s (Fed) first meeting of 2025 this week stands to test the resurgence in US stocks as investors gauge the extent of more equity-friendly interest rate cuts in the months ahead