Fed rate hikes are now ‘hurting asset prices,’ says billionaire investor Ray Dalio

Dalio, the founder of Bridgewater Associates, the world’s largest hedge fund, made those remarks in an interview with CNBC Thursday […]

OPEC, partners discuss oil supply cut of up to 1.4 million bpd: sources

OPEC and its partners are discussing a proposal to cut oil output by up to 1.4 million barrels per day […]

Firepower for U.S. stocks may lose spark as Democrats gain clout

The U.S. stock market may be facing the remainder of Donald Trump’s presidential term with the prospect of less juice […]

Dollar muted ahead of midterm vote; sterling up on Brexit deal report

The U.S. dollar was muted at the start of an eventful week, with market participants awaiting the midterm elections on […]

Exclusive: Guarding stability, China likely to slow yuan’s slide to 7 per dollar: sources

China is likely to use its vast currency reserves to stop any precipitous fall through the psychologically important level of […]

China central bank affirms stable yuan, warns against speculators

China will be able keep its yuan currency basically stable due to the country’s healthy economic fundamentals and ample foreign […]

Japan finance minister says U.S. currency report won’t restrict forex policy

Japanese Finance Minister Taro Aso said on Friday that a U.S. government report on currencies did not suggest Tokyo’s foreign-exchange […]

Pound eases after weaker inflation, focus turns to EU summit

Sterling weakened on Wednesday after data showed inflation fell more than expected in September and before a European Union summit […]