Global Market Today: Stock selloff extends to Asia as chip rout deepensMSCI Inc.’s Asia Pacific equities gauge dropped 1.5%, heading for a fourth straight decline, led by losses in South Korea, a bellwether for...
US inflation worsened last month to 3.7% in sign that prices remain elevated as midterm elections nearU.S. inflation increased in September as consumers faced higher prices for essentials like gas and clothing. The consumer price index rose ...
More expensive gas, semiconductors likely pushed up inflation in US last monthInflation in the United States is projected to increase to 3.6% in September from the previous month. This rise is attributed to factors su...
Gold prices flat as markets await US CPI dataIn early Asian trading, gold prices held steady as investors awaited crucial US consumer price data, which could affect future Federal Rese...
NY Fed President Williams sees no need for a rate hike in 2027At a recent conference, John Williams from the Federal Reserve Bank of New York expressed optimism about a potential interest-rate increase...
Gold subdued with spotlight on US inflation dataGold prices have seen a slight retreat as investors brace for key US inflation figures that could sway interest rates. The robust US dollar...
Bitcoin price prediction: Why BTC USD can drop before a Fed rate hike and rally afterBitcoin price prediction: BTC USD fell ahead of the Fed’s rate hike but rebounded afterward. Here’s why interest rate expectations, investo...
Cleveland Fed's Hammack backs restrictive policy, says better if it comes 'relatively quickly'Cleveland Fed President Beth Hammack has stressed the urgency of adopting a strict monetary policy as a response to mounting inflation that...
US stocks in focus as bank earnings, inflation data set to test market rallyUS investors will track major bank earnings, September inflation data and Treasury yields this week for clues on corporate profitability an...
Euro falls, set for fifth straight weekly drop as oil prices riseThe euro has experienced a significant drop as concerns about France's public debt continue to affect investor confidence. Global bond mark...
Fed's Waller: More hikes needed, but there is 'flexibility' about the paceUS Federal Reserve Governor Christopher Waller indicated that more rate hikes may be necessary to achieve the inflation target. He acknowle...
US Fed minutes signal another rate hike by year-end as inflation stays highAccording to the latest minutes from the US Federal Reserve, officials hint at a possible interest rate rise by year's end in response to o...
Fed minutes show some officials want to prepare for market stressFederal Reserve officials noted the importance of preparing for potential bond market stress and adjusting their balance sheet. They expres...
Gold slides to two-month low as robust dollar, yields add pressureGold prices have fallen to a two-month low due to a strong US dollar and rising Treasury yields. Spot gold dropped 1.6% to $4,096.13 per ou...
Dollar holds losses as markets await Fed minutes, speakersThe US dollar faced a downturn while European bond markets began to stabilize, affecting overall currency landscapes. Traders are eyeing th...
Goolsbee says steady jobs market keeps inflation as Fed priorityChicago Fed President Austan Goolsbee said recent jobs data indicated a steady US labour market, while persistent inflation remains the big...
US Federal Reserve Interest Rate prediction: Fed experts are making bold forecastUS Fed Interest Rate Forecast: Benchmark 10-year Treasury note yield touched a 24-year high before falling back to around 5.24 per cent. Hi...