- Yahoo Finance
Big banks pass Fed stress test as they fight stricter capital rules
The biggest US banks proved to the Fed they would all be able to withstand a severe global recession, demonstrating strength while they push regulators to adjust a set of proposed capital rules.
- Bloomberg
Yen’s ‘One Sided’ Tumble to 1986 Low Boosts Intervention Risk
(Bloomberg) -- The yen fell to the weakest level since 1986, fanning speculation authorities may be soon be forced to support the currency again in a bid to stem the worst selloff in the developed world.Most Read from BloombergSupreme Court Poised to Allow Emergency Abortions in IdahoYouTuber Dr Disrespect Was Allegedly Kicked Off Twitch for Messaging MinorVolkswagen Invests $5 Billion in EV Startup Rivian to Form Joint VentureFedEx Stokes Investors With Hint of a Freight DealBolivia’s President
- Bloomberg
Yen Is Under Pressure Even as Japan Steps Up Its Verbal Warnings
(Bloomberg) -- The yen remained under pressure even after Japan’s top currency official warned that authorities stand ready to intervene in currency markets 24 hours a day if necessary.Most Read from BloombergNvidia’s 13% Stock Rout Has Traders Scouring Charts for SupportBuzzFeed Struggles to Sell Owner of Hit YouTube Show ‘Hot Ones’Jain Global Raises $5.3 Billion, Secures Cash From Abu DhabiHow Long Can High Rates Last? Bond Markets Say Maybe ForeverWikileaks’ Julian Assange to Plead Guilty, En
