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☆ Stock futures are flat after major averages post consecutive weekly losses
▼ + stars: | 2022-12-18 | by ( Samantha Subin | ) www.cnbc.com time to read: +1 min

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, December 7, 2022. Stock futures were flat in overnight trading Sunday after the major averages posted their second straight week of losses for the first time since September. Futures tied to the Dow Jones Industrial Average traded flat, while S&P 500 and Nasdaq 100 futures gained 0.05% and 0.07%, respectively. The 30-stock index shed 1.66% for the week, bringing its monthly losses to 4.83%. The S&P 500 dropped 1.11% and tumbled 2.08% for the week, upping its monthly declines to 5.58%.

☆ Dollar eases against euro as investors weigh rates outlook
▼ + stars: | 2022-12-08 | by ( ) www.cnbc.com time to read: +3 min

The dollar edged lower on Thursday against the euro as investors weighed the outlook for U.S. Federal Reserve policy against the chances that higher interest rates could lead to a recession. Traders and investors will be on the watch for any signs that the Fed is getting ready to pause its hikes. The dollar was down 0.37% at $1.05435 against the euro at 9:45 a.m. EST (1545 GMT), and up 0.13% at $1.2228 versus the pound. The 10-year yield was last up 4 bps at 3.44%, having neared is lowest in almost three months overnight. Rates are now seen peaking at just below 5% in May.

☆ Bitcoin and other cryptos spiral lower as worries about the fallout from FTX's troubles grow
▼ + stars: | 2022-11-09 | by ( Zahra Tayeb | ) www.businessinsider.com time to read: +2 min

Bitcoin and most cryptos extended losses Wednesday as worries built about the FTX fallout. Sol plunged 31% and the crypto market cap dropped 11% on fears the troubles would spread. In a stunning turn of events, FTX CEO Sam-Bankman Fried announced Tuesday that the crypto exchange had agreed to be taken over by rival Binance. The emergency deal sent chills through the crypto world, reviving fears about liquidity risks that could lead to company collapses. The overall value of the crypto market dropped over 11% to $871 billion over the last day, according to CoinMarketCap data.

REUTERS/Dado Ruvic/IllustrationWASHINGTON/LONDON, Nov 8 (Reuters) - The dollar slid on Tuesday as rising German bond yields strengthened the euro, but a strong reading of the consumer price index later this week could reverse the currency's slide. A steady climb in German bond yields weakened the dollar on expectations of further European Central Bank tightening, which cut the spread with Treasury yields, said Marc Chandler, chief market speculation at Bannockburn Global Forex. "What I'm focusing on today is a huge move in two-year German bunds. "Once we've fully priced in peak Fed tightening, then you'll see a major reversal. The euro rose 0.48% to $ 1.0067 , while the Japanese yen strengthened 0.72% against the dollar at 145.57 .

☆ Wall Street's fear gauge drops to a 4-week low as expectations for less-aggressive Fed rate hikes fuel stock gains
▼ + stars: | 2022-10-25 | by ( Carla Mozée | ) www.businessinsider.com time to read: +3 min

Wall Street's so-called fear gauge hit a one-month low Tuesday as stocks rose amid speculation the Fed will reduce the size of future rate hikes. The Cboe Volatility Index fell by more than 4% to its lowest level since September 23. Investors have latched onto signs the Fed may downshift rate hikes from the current size of 75 basis points. The Cboe Volatility Index, a widely watched track of the 30-day implied volatility of the S&P 500 index, fell 4.5% to 28.49, the lowest level for the VIX since September 23. The CME FedWatch tool on Tuesday showed expectations locked in for a rate hike of 75 basis points at the Fed's November 1-2 meeting.

☆ The Fed hints it'll start reining in pandemic-era stimulus later this year
▼ + stars: | 2021-08-18 | by ( Ben Winck | ) www.businessinsider.com time to read: +4 min

Most participants saw reason to start shrinking the Fed's emergency asset purchases later this year. Still, members disagreed on the speed, schedule, and composition of tapering purchases. The statement is the first to reveal any kind of timeline for the Fed's tapering of the asset purchases that began at the start of the pandemic. Several participants said a reduction in asset purchases should come early next year instead, noting the labor market hadn't healed enough to warrant a pullback. Some preferred completely ending asset purchases before the Fed lifted interest rates, while others argued reasons for tapering were different than reasons for raising rates.

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