The most popular trade in the $5.3 trillion-a-day foreign-exchange market has been betting on a stronger dollar, leaving investors exposed when the Federal Reserve chair damped speculation last month of an imminent increase to interest rates.
LONDON, March 3 (Reuters) - European equity indexes were flat to higher at the open on Tuesday, helped by better-than-expected German retail sales data and merger speculation in the Portuguese banking sector.
BERLIN - Official data show that Switzerland's economy expanded by a stronger-than-expected 0.6 per cent in the fourth quarter, the last before the country's central bank abandoned its effort to cap the Swiss franc's value against the euro.
Chinese censors have moved to tamp down discussion of a hard-hitting documentary on air pollution that sent the country's blogosphere into overdrive, highlighting political sensitivity about China's smog problem.
Five Indian women have made it to the Forbes list of the world's billionaires that saw a record number of women this year, although they still account for just about 11 per cent of the total.