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US FED RATE CUT MEETING
Wall Street Week Ahead: Investors look for Fed rate clues, earnings signs as tech wobblesInvestors are keenly watching for clues on potential interest rate hikes and early earnings reports this week. Following a strong second qu...
Bitcoin climbs above $61,000 as weak US jobs data fuels Fed rate cut hopesIn the past 24 hours, Bitcoin was up 2.80% and Ethereum was up 6.24% to trade at $1,716 mark. Among the major altcoins, BNB, XRP, Solana, T...
Muthoot Finance, Manappuram Finance, other stocks rise up to 5% as gold prices hit Rs 1.48 lakh/10 gramsGold prices surged past Rs 1.48 lakh per 10 grams on Friday, propelling shares of gold financiers like Muthoot Finance and Manappuram Finan...
US Stock Market: Soft US jobs data eases Fed rate fears, lifts market sentimentA recent U.S. jobs report, showing slower-than-expected growth and downward revisions, has eased investor fears of persistent inflation and...
Dollar heads for weekly drop as jobs data dims Fed hike betsThe US dollar experienced its sharpest weekly decline in almost three months, driven by a weaker-than-expected June jobs report. This eased...
US stocks today: Nasdaq ends lower with tech slip; investors assess softer jobs dataUS markets closed mixed as weak June jobs data cooled rate hike fears. Nasdaq fell on tech and chip stock declines, while the Dow rose stro...
Fed can afford to stay patient as inflation risks ease: Steve EnglanderThe Federal Reserve is unlikely to alter interest rates soon, as inflation moderates and the economy remains stable, according to Steve Eng...
Fed's Warsh: Will decide on rate hike when policymakers 'shut the door' at next meetingAt an international monetary policy forum, Federal Reserve Chair Kevin Warsh stressed the necessity of maintaining a 2% inflation target. H...
Gold slips as fading US-Iran peace prospects reinforce Fed rate-hike betsGold prices tumbled to a seven-month low as hopes for a U.S.-Iran peace deal faded, fueling inflation worries and increasing the likelihood...
Yen sinks to four-decade low as dollar gets yields boostThe dollar surged to a 40-year high against the yen, fueled by rising U.S. Treasury yields and anticipation of a Federal Reserve rate hike....
Gold poised for biggest monthly drop since 2008 amid Fed rate hike expectationsGold prices are experiencing a significant monthly drop, nearing their largest decline since 2008. This downturn is driven by expectations ...
Nifty IT hits fresh 52-week low as Infosys, TCS, Wipro & others tumble up to 3%. What's spooking investors?The Nifty IT index fell more than 2% to a fresh 52-week low on Tuesday as persistent inflation concerns and uncertainty over the US Federal...
Gold set for fourth monthly fall on bets of Fed rate hikesGold prices tumbled over 1% on Tuesday, heading for a fourth consecutive monthly drop. Shifting from Middle East concerns, the market now a...
Yen hits 40-year low as clock ticks on interventionThe Japanese yen hit a 40-year low against the dollar, sparking speculation of government intervention. Despite past efforts, the yen conti...
US Stock Market: Warsh faces crucial week with court ruling, global debut in focusFederal Reserve Chair Kevin Warsh faces a crucial week. The Supreme Court's decision on Governor Lisa Cook's removal will test the central ...
Dollar poised for best month in nearly a year; eyes on jobs data, Gulf tensionGlobal tensions and upcoming U.S. jobs data are keeping the dollar strong, despite a slight dip today. Investors are seeking refuge in the ...
Wall Street Week Ahead: Jobs data, rate bets in focus as US stocks close solid first halfUpcoming jobs data could signal a strong U.S. economy, potentially leading to interest rate hikes and stock market jitters, especially for ...
IMF chief economist says Fed reduction in rate guidance is 'entirely appropriate'The IMF's chief economist, Pierre-Olivier Gourinchas, has endorsed Federal Reserve Chair Kevin Warsh's move to reduce explicit forward guid...
US Stock Market: Bessent applauds Fed communication reset, questions dot plot's relevanceU.S. Treasury Secretary Scott Bessent has backed Federal Reserve Chair Kevin Warsh's push to revamp the Fed's communication strategy, inclu...
Why Fed's bubble blind spot is cause for anxietyNew Federal Reserve Chair Kevin Warsh may follow Alan Greenspan's approach of not intervening in financial bubbles, a strategy that led to ...