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Goldman Sachs pushes Fed rate-cut call to 2027 on strong US jobs dataGoldman Sachs now anticipates the U.S. Federal Reserve will maintain current interest rates through 2026, delaying any rate cuts until 2027...
South Korea's KOSPI dives nearly 9% as Fed fears hammer tech stocksSouth Korea's KOSPI index plummeted nearly 9% on Monday, triggering circuit breakers, as strong U.S. jobs data fueled expectations of Feder...
Charting the global economy: Jobs, inflation feed rate-hike betsStrong hiring across sectors and expanding manufacturing activity signal labor market strength, while upcoming US price data and ECB decisi...
Gold falls about 3% as robust US jobs data cements bets on higher ratesGold prices experienced a significant drop of approximately 3% on Friday, influenced by a stronger-than-expected U.S. jobs report. This dat...
Dollar firms after strong US jobs data, pushes yen through 160 levelThe dollar strengthened significantly, poised for over a 1% weekly gain following robust U.S. employment figures. Nonfarm payrolls exceeded...
S&P 500 could end 9-week winning streak, Dow and Nasdaq fall - here are reasons why US stock market is down today June 5S&P 500, Dow and Nasdaq down today: Wall Street ended the week in the red as a robust US jobs report fueled fears of prolonged high interes...
Gold price today crashes over 1 per cent, check latest Gold rateGold rate today: U.S. Treasury yields jumped after the release of the jobs data, increasing the opportunity cost of holding non-yielding bu...
Why are gold and silver prices down today, and will precious metals continue to drop or rise again? Analysts insights, market outlook and what should investors do nowWhy are gold and silver prices down today, and will precious metals continue to drop or rise again? Gold and silver prices declined on Frid...
US job growth likely slowed in May, labor market seen stable despite oil shockAmerica's job growth is expected to slow in May after strong previous months. The labor market remains stable. Economists believe the Middl...
Gold slips, set for weekly loss on Mideast tensions, rate-hike fearsGold prices dipped, heading for a weekly decline as Middle East tensions overshadowed peace prospects. Rising inflation and potential inter...
Yen hits key 160 level for third session, dollar buoyed by Gulf woesThe Japanese yen is nearing a critical 160 per dollar level, prompting warnings of decisive action from Tokyo. Meanwhile, the U.S. dollar i...
Gold eases on stronger oil as fresh Mideast hostilities eruptGold prices dipped on Wednesday as escalating Middle East tensions fueled crude oil gains, intensifying inflation and interest rate hike co...
Gold steady amid uncertainty over US-Iran peace negotiationsGold prices held steady as investors weighed a partial ceasefire between Hezbollah and Israel against ongoing U.S.-Iran negotiations. Conce...
PSB dollar sales help rupee close flat at 95The Indian rupee held steady against the dollar on Monday. State-run banks sold dollars, supporting the rupee. Foreign exchange markets are...
US Stock Market: Jobs data, AI earnings to test Wall Street rally amid inflation risks loomInvestors are closely watching the U.S. jobs report and Broadcom's earnings this week amid concerns that persistent inflation and potential...
Dollar steadies as markets await signals on Iran war, central banksThe U.S. dollar held steady as markets awaited Middle East peace talks and signals on central bank rate hikes. Hopes for a U.S.-Iran deal t...
USD rate today: Check U.S Dollar against Euro, Yen, SterlingU.S. nonfarm payrolls data due on June 5 are expected to show an unemployment rate of 4.3 per cent and an increase of 85,000 jobs.