Stock Market Gains, Economic Recovery Boost U.S. Dollar
Investors are showing more interest in the dollar, which is benefiting from the stock market's surge to new highs and an improving U.S. economy.
Investors are showing more interest in the dollar, which is benefiting from the stock market's surge to new highs and an improving U.S. economy.
Financial markets are likely to continue to expect another round of Fed easing for the time being, even if Fed Chairman Ben Bernanke just holds out hope for more without committing to it.
The U.S. stock market's recent gyrations have many investors ready to look overseas for better returns. But it's a complicated world out there, which is why many less-experienced investors are still sitting on the global sidelines. Here's what you need to know make investing in emerging markets a little less scary.
Amid plenty of uncertainty, investors are looking for strategies that will make them wealthy. But you should forget about the idea of getting rich quick and focus on diversity, according to Larry Light, author of the new book, Taming the Beast: Wall Street's Imperfect Answers to Making Money.
China's foreign-exchange reserves jumped by a record 7.5% during the fourth quarter, increasing concerns over the country's inflation, The New York Times reported Tuesday.
As the G-20 meets in South Korea, many world leaders have stepped up their complaints about the Fed's $600 billion quantitative easing program, as well as the rapid flow of capital into emerging markets. Some countries are installing capital controls in response, but those won't be enough, says global finance expert Peter Cohan.
Shares in Asia rose sharply Thursday, thanks to Ben Bernanke's brand new rescue package. In Japan the Nikkei 225 Index climbed 2.2% to close at 9,359 and in China the Shanghai Composite Index advanced 1.8% to 3,087. Hong Kong's Hang Seng Index rose 1.6% to end the day at 24,536.
China surprised international markets Tuesday by raising key interest rates for the first time in three years. The move sparked a worldwide sell-off on worries that it could cause the Chinese economy to slow down.













