Tag: Foreign Exchange News

Fed minutes include talk about potential future talk of tapering

A number of Federal Reserve officials said at the central bank’s late April meeting that it could soon be time to begin talking about talking about scaling back its massive asset purchases, according to minutes of the discussion released Wednesday. “A number of participants suggested that if the economy continued tomake rapid progress toward the […]

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U.S. construction spending inches up in March

Spending on construction projects rose 0.2% in March to a seasonally adjusted annual rate of $1.51 trillion, the Commerce Department said Monday. Economists polled by The Wall Street Journal has expected a 1.8% gain. This is the second straight month where construction spending was below estimates. Spending in February was revised to a decline of […]

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Stocks rise in Japan and China; most other major markets closed for holiday

Markets in Japan and mainland China gained Friday, following another record day on Wall Street, as most other major global markets were closed for the Good Friday holiday. Japan’s Nikkei 225 NIK, +1.24% rose 1.1%, with SoftBank 9984, +3.93% rising more than 3%. The Shanghai Composite SHCOMP, +0.43% edged 0.4% higher, while the smaller-cap Shenzhen […]

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