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Dollar Rises as Traders Seek Clues on US Rate Cuts

The dollar held near its lowest in more than a year against a basket of peers on Wednesday, with sterling trading just off multi-year highs, as markets focused on clues to the size of a widely expected US interest rate cut in September.

The Australi…

Tech, Insurance Stocks Lift STOXX 600 to Over 1-Month High

European shares touched a more-than-one-month high on Wednesday, boosted by technology stocks ahead of Nvidia’s results later in the day and as Ageas’ better-than-expected results lifted insurance stocks.

The pan-European STOXX 600 index rose 0.2 pe…

Japan Shares Close Higher

Japan’s stocks closed higher on Wednesday, as the yen’s exchange rate continued to decline, while investors await important economic data this weekend.

According to Tokyo Stock Exchange (TSE), 225-issue Nikkei Stock Average ended the session up 83.1…