The dollar softened on Tuesday along with U.S. interest rate expectations and a fall in Treasury yields as investors detected a slight dovish shift in...
SINGAPORE - The dollar softened on Tuesday along with U.S. interest rate expectations and a fall in Treasury yields as investors detected a slight dovish shift in Federal Reserve officials' tone.
Investors are bracing for a drawn-out conflict after a weekend attack from Palestinian militants - and Israel's retaliation - has claimed more than 1,500 lives. Fed Vice Chair Philip Jefferson said the central bank would need to "proceed carefully" given the recent rise in yields. Futures-implied pricing for the chance of another Fed hike this year fell from above 40% last week to about 26% on Monday.
China's return from a week's break has traders' eyes back focused on the daily fix of the yuan's trading band, which has for weeks on end been far firmer than market expectations. 'The whole banking sector is uninvestable': Steve Eisman of 'Big Short' fame warns about mounting challenges for financial institutions. Here's what he's betting on insteadRRSPs become taxable upon retirement. You may wish to invest some of your money in a Tax-Free Savings Account, with stocks like Fortis Inc . The post The Sad Truth About Maxing Out Your RRSP appeared first on The Motley Fool Canada.
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