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US 10-year yield flirts with 5% as higher oil, rate hike worries swirlU.S. Treasury yields saw an upswing on Friday, nearing the 5% milestone, driven by escalating oil prices. This development has prompted tra...
Dollar holds gains, yen slips as Mideast energy shock deepensCurrently, the dollar stands firm near its weekly highs, whereas the yen is on a downward trajectory, fueled by apprehensions surrounding e...
US stocks today: US stocks end lower as rising oil, Treasury yields lift Fed hike betsUS stocks fell as Brent crude surged 6% to $107 a barrel and Treasury yields climbed to multi-year highs. Rising energy prices and producer...
Gold little changed with US inflation data in sightGold prices hold their fort as traders keenly anticipate key inflation data that will influence interest rate strategies of the US central ...
Gold subdued on inflation worries, rate hike expectationsGold prices fell on Wednesday as conflicts in the Middle East intensified. The surge in crude oil prices typically fuels inflationary press...
Gold rises as dollar eases; US inflation data on radarGold prices edged higher on Tuesday due to a weakening U.S. dollar, as investors gear up for crucial inflation data that could sway the Fed...
Global Market Today: Asia stocks waver as yen surges, Iran warns of retaliationOn Tuesday, Asian markets exhibited a mixed bag of outcomes, with the yen gaining strength significantly. Oil prices surged for the third c...
Gold eases as robust US payrolls boost rate-hike bets; inflation data in focusGold prices fell on Monday as strong US job statistics increased expectations of interest rate hikes. Market players are now focused on upc...
US stocks today: US stocks end lower as solid jobs data fuels hawkish Fed betsWall Street closed lower on Friday as a stronger-than-expected US jobs report lifted expectations of a Federal Reserve rate hike this month...
US nonfarm payrolls surge in August; unemployment rate steady at 4.1%In August, the U.S. experienced remarkable job growth while unemployment rates held firm, indicating an impressive labor market. This uptic...
Gold steady before US payrolls data, heads for small weekly gainGold prices exhibited stability on Friday, as key US employment figures were expected to provide clarity on forthcoming Federal Reserve int...
India's $127 billion NRI deposits arm gives RBI more firepower, setting rupee up for rallyOn Thursday, predictions suggest that the Indian rupee will continue its upward trajectory. This optimism stems from substantial foreign cu...
Gold treads water ahead of US nonfarm payrolls reportGold prices held steady during the early hours of Thursday’s Asian trading. Investors are closely monitoring the upcoming U.S. nonfarm payr...
Global Market Today: Asian markets tumble as US-Iran fighting lifts oil and bond yieldsMSCI's broadest index of Asia-Pacific shares outside Japan was down 0.8% in early trading as South Korea's KOSPI dropped 3% on the open a...
US job openings rise in July after sharp downward revision in prior monthIn July, US job openings saw an upswing, primarily thanks to advancements in the manufacturing sector. However, various industries experien...
US manufacturing growth cools in August as input prices stay highU.S. manufacturing activity cooled off in August after a period of strong expansion, with new orders experiencing a decline. Input prices r...
Gold steadies as traders await US jobs data, monitor Mideast tensionsGold prices held steady as traders navigated heightened tensions in the Middle East and awaited pivotal labor data from the US. This econom...
Gold holds ground after 3% drop on Warsh's hawkish stanceOn Monday, gold prices held steady following a noteworthy decline. Federal Reserve Chair Kevin Warsh suggested that interest rate hikes cou...
Gold drops 3% as Fed's Warsh comments lift rate hike betsOn Friday, gold prices plummeted by more than three percent due to comments from Federal Reserve Chairman Kevin Warsh regarding inflation. ...
Gold treads water ahead of Fed Warsh's Jackson Hole speechIn early Asian trading on Friday, gold prices slipped slightly as markets geared up for an anticipated address by Federal Reserve Chair Kev...