US yields jump as hot consumer inflation boosts rate hike betsIn September, the US Treasury yields climbed as the Consumer Price Index (CPI) showed a surprising rise of 0.6% month-over-month and 3.7% y...
Gold drops over 1% as hot US inflation data boosts Fed hike betsUS consumer prices increased in September, contributing to expectations of an interest rate hike by the Federal Reserve. Following this inf...
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 ...
Gold price today: Why is gold rate down? What to expect in November, December?Gold rate prediction: While gold is typically seen as a hedge against inflation, higher interest rates tend to diminish the appeal of non-y...
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...
Dollar languishes as focus turns to CPI, Fed speakersThe dollar declined as traders awaited new information on the timing for interest rate increases. Investors reevaluated the recent rally fu...
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...
Wall Street Week Ahead: Bank earnings, CPI headline busy markets week as S&P 500 hovers near recordsU.S. stock investors are on high alert as they anticipate quarterly earnings reports from major banks, including JPMorgan and Goldman Sachs...
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...
Gold hits one-week high, heads for weekly gain on bargain-huntingGold prices surged as investors seized the opportunity to buy low after a recent dip to a two-month low. Currently, spot gold has ascended ...
Global Market: Wall Street in focus as US jobless claims ease amid Fed rate uncertaintyUS jobless claims fell to 197,000 last week, below expectations, signalling low layoffs despite sluggish hiring. The data keep the Federal ...
US stocks: S&P 500, Nasdaq end lower as crude prices jump, chip stocks weighUS stock indices slid on Thursday as crude oil prices surged, prompted by intensifying Middle East tensions. Major benchmarks, including th...
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...
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...
US Market: Fed’s Hammack says jobs data gives time to assess rate pathFederal Reserve officials have signalled they have time to assess incoming economic data before making further changes to interest rates. C...
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...