Dollar hits one-month high on lingering chances of Fed hikeThe US dollar reached a one-month high as traders considered a potential Federal Reserve rate hike. Falling oil prices offered some relief ...
RBI to hold rates through 2026 as growth risks outweigh inflation: Poll of economistsEconomists predict the Reserve Bank of India will maintain its key interest rate at 5.25% through year-end. This decision comes as the cent...
Charting the global economy: Growth picks up, AI boom continuesUS unemployment claims reached a near 60-year low, signaling a stable labor market. The European Central Bank rejected an immediate rate hi...
Yen records biggest weekly drop in over two months, dollar climbs for the weekThe dollar is set for its biggest weekly gain, buoyed by rising oil prices. The Japanese yen is poised for its largest weekly decline, lang...
Global Market: Japan's core inflation picks up in June; BOJ rate outlook keeps markets on edgeJapan's core consumer inflation rose to 1.6% in June. This increase occurred while food prices eased and service inflation slowed. Underlyi...
Gold softens on prospects of Fed rate hikes as Brent tops $100Gold prices edged lower on Friday, impacted by rising crude oil prices. Inflation concerns and higher interest rate expectations are streng...
Global Market: ECB seen holding rates steady while keeping September hike option openThe European Central Bank is expected to maintain current interest rates at its upcoming policy meeting. Policymakers will likely signal th...
Japan's Nikkei rises as chip shares gain, BOJ's rate hike prospects weighJapan's Nikkei share average saw an increase on Thursday, driven by chip-related stocks. These gains were tempered by concerns over an earl...
Global Market: South Korea's Q2 GDP beats estimates on chip exports; semiconductor stocks in focusSouth Korea's GDP expanded 0.6% in the second quarter. Robust semiconductor exports offset weakness in construction investment, reinforcing...
US-Iran tensions underpin dollar as yen nears 40-year lowThe dollar stabilized on Thursday as U.S.-Iran tensions increased investor caution. Rising oil prices fueled inflation fears and supported ...
Gold off two-week peak as oil advances, Fed meeting eyedGold prices softened on Thursday after reaching recent highs. Escalating Middle East tensions boosted oil prices and the dollar's safe-have...
Global Market: German bond yields hit two-year high as oil surge fuels ECB rate hike betsGerman bond yields rose as oil prices increased amid U.S.-Iran tensions. This surge strengthened expectations for the European Central Bank...
Global Market Today: Asian shares hesitant as oil climbs, earnings loomAsian markets showed hesitation as oil prices climbed due to escalating Gulf conflict. This surge revived inflation worries, influencing Fe...
Gold slips as oil prices advance, Fed rate-hike voices growGold prices dropped on Monday as Middle East tensions escalated significantly. Brent crude oil surpassed ninety dollars a barrel, increasin...
Gold set for biggest weekly drop since early June on inflation, rate-hike worriesGold prices saw an increase on Friday, driven by escalating U.S.-Iran tensions. These geopolitical events fueled energy prices and inflatio...
Dollar set for weekly drop as traders cut wagers on rate hikesThe dollar held steady on Friday, facing a weekly decline after softer U.S. inflation data. Traders reduced bets on imminent Federal Reserv...
Dollar struggles as softer inflation dims Fed hike betsThe dollar weakened significantly after softer inflation data emerged on Wednesday. This data curbed expectations for an immediate Federal ...