[NEW:]
Financial institutions will profit from the shifting of retirement assets, but also face repayment risk from some seniors.
Financial institutions will profit from the shifting of retirement assets, but also face repayment risk from some seniors.
Though the European economy is far weaker, central banks there might keep following the Federal Reserve’s cue.
The euro was up slightly against the dollar and Societe Generale said it might take some time to recover against the greenback given unfavorable short-term interest-rate differentials.
There are signs stocks could end the Christmas week on a downbeat note. Meanwhile, the political turmoil in South Korea is weighing on its stock market and currency.
One of Wall Street’s hottest trades has nothing to do with crypto, EVs or AI. It’s the country infamous among investors for serial debt defaults.
U.S. natural gas futures lost ground in a volatile session ahead of Friday’s January contract expiration and weekly storage report.
Japanese stocks rose, led by gains in auto and electronics stocks, as a weaker yen raised hopes for earnings growth.
Gold edged higher in early Asian trade. In the short and medium term, gold may experience fluctuations and volatility as there is no overall driving force amid the holidays, Nanhua Futures said.