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US INFLATION ABOVE 2 PERCENT
Two-year yields dip as Hormuz flows rise, hopes on inflation growTreasury yields dipped Friday as falling oil prices, linked to increased Strait of Hormuz shipments, sparked hopes of easing inflation. Whi...
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 ...
Gold heads for fourth weekly loss amid Fed rate hike expectationsGold prices are facing a significant downturn, nearing a fourth consecutive weekly loss, as a robust US dollar and anticipated aggressive i...
US Stock Market: Sticky inflation keeps September Fed rate hike on table despite July pause expectationsUS Federal Reserve is expected to hold rates steady at its July meeting despite inflation hitting a three-year high. Markets see a possible...
US Stock Market: Fed's Goolsbee sees early signs of relief in services inflation, says core price pressures remain elevatedChicago Fed President Austan Goolsbee said the latest US inflation data shows some improvement in services inflation, but underlying price ...
Global Market: US revises 2026 first-quarter GDP growth up to 2.1%The US economy showed stronger growth than initially thought in the first quarter, reaching an annual rate of 2.1 percent. This upward revi...
Gold poised for fourth weekly loss as hawkish Fed bets buoy dollarGold is poised for its fourth consecutive weekly decline, weighed down by a strengthening dollar amid expectations of U.S. interest rate hi...
Global Market Today: Asian stocks decline led by tech, oil holds steadyAsian markets saw a dip, led by a pullback in heavyweight chip stocks after a strong rally. US futures remained steady following a volatile...
US inflation tops 4% for first time in three years, keeping Fed hike in playUS inflation climbed to 4.1% in May, driven by rising energy prices, keeping the Federal Reserve's interest rate hike plans on the table fo...
In 1991, 8 people shut themselves for 2 years inside an airtight Arizona dome, and the walls quietly swallowed their oxygen for 475 days before anyone figured out whyEight individuals entered Biosphere 2 in 1991, aiming to live in a self-contained ecosystem for two years. Unexpectedly, oxygen levels plum...
US inflation tops 4% for first time in three years, boosts Fed hike betsUS inflation surged past 4.0% in May, driven by Middle East conflict-fueled energy prices, marking the highest increase in three years. Thi...
Dollar hits 13-month highs as investors bank on rate hikesThe US dollar is on a remarkable rise, approaching its most significant monthly increase in a year, fueled by expectations of upcoming rate...
Rupee ends a tad higher as oil slide, foreign inflows lift sentimentThe Indian rupee experienced a slight boost this week, driven by declining oil prices and the prospect of increased foreign investment. Alt...
Manappuram Finance, Muthoot Finance, other gold financier stocks drop up to 3%. Here's whyShares of gold financiers declined as a sharp fall in gold prices and a stronger US dollar weighed on sentiment. Expectations of further US...
Vedanta, NALCO, Hindustan Zinc shares fall up to 3% as silver, aluminium, other metal prices tumble. Here's whyMetal stocks including Vedanta, NALCO and Hindustan Zinc fell up to 3% as global metal prices declined sharply. A stronger US dollar, easin...
Dollar rides high on Fed rate-hike betsThe US dollar is experiencing a significant surge, reaching multi-month highs against major currencies like the euro and yen. This strength...
Global markets | Australian shares rise modestly as sticky core inflation keeps rate hike bets aliveAustralian shares edged higher on Wednesday, a cautious advance following inflation data. While headline inflation eased, core inflation ti...
Euro zone yields fall as investors cut bets on ECB hikesEuropean government bond yields dipped Tuesday, finding stability after Monday's surge. Investors are scaling back expectations of further ...
US Stock Market: Fed's Goolsbee says inflation outlook hinges on tariffs, services pricesChicago Fed's Austan Goolsbee highlighted the central bank's primary challenge: discerning if inflation's current surge will persist or fad...
IMF cuts eurozone growth forecasts again on energy inflation risksThe International Monetary Fund has issued a stark warning. The ongoing Middle East conflict is impacting eurozone growth more than previou...