The surge in U.S. stock prices powered by enthusiasm for artificial intelligence is running into a cluster of challenges that could test whether the rally has...
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October 9, 2026
Month: October 2026
China’s Central Bank Signals Its Stance on the Yuan’s Value
The People’s Bank of China has laid out its thinking on the renminbi’s exchange rate, a move that carries weight for global currency markets and trade...
U.S. Futures Slide as 30-Year Treasury Yield Reaches Highest Level Since 2002
American stock futures fell in early trading after the yield on the 30-year U.S. Treasury bond climbed to its highest level in more than two decades,...
China’s central bank rules out yuan devaluation as trade tool
China’s central bank has stated it has no intention to weaken the yuan to gain an advantage in trade, pushing back against speculation that Beijing might...