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Global Market Today: Asian shares surge, oil skids on Gulf dealMarkets globally surged as a tentative US-Iran peace deal emerged, promising to ease inflation and reduce the need for interest rate hikes....
ECB hikes interest rate by 25 bps, first since 2023 to tame Iran war inflationThe European Central Bank raised its benchmark interest rate by a quarter point to 2.25 percent, marking its first hike since 2023. This mo...
ECB to hike rates as Mideast war pushes up inflationThe European Central Bank is poised to raise interest rates for the first time in two and a half years, driven by escalating inflation fuel...
Government denies new report stating RBI may have sold $12 billion gold to rescue rupeeReports claiming the Reserve Bank of India sold gold to support the rupee have been denied by the Indian government. Official data shows In...
RBI may have sold gold to save foreign reserves, BE report showsThe RBI may have sold about $12 billion worth of gold reserves in the two weeks through May 22 to protect its foreign-currency assets amid ...
Raise it, regulators: A repo rate hike - 50 bps increase to 5.75 perhaps - will reduce CAD, incentivise capital flowsIndia's monetary policy committee faces a complex decision. Delayed economic growth data and an unknown US Federal Reserve policy create si...
Charting the Global Economy: Factory activity sags on inflationGlobal economic activity is slowing, with manufacturing contracting in many regions due to persistent inflation and the ongoing energy crun...
UK's FTSE 100 snaps four-week losing streak as rate hike fears easeUK's FTSE 100 index is poised to end a losing streak, buoyed by softer inflation and rising unemployment data that eases pressure for a Ban...
Taxes and Trump leave UK in a worse state than Starmer found itBritain's Prime Minister Keir Starmer faces a tough economic climate. Inflation is rising, and living standards are not improving. Economic...
U.S. Stock Market on Monday: Dow Jones, S&P 500, Nasdaq trading to be dictated by these factorsU.S. Stock Market: S&P 500, Nasdaq, Dow Futures are set for eventful Monday at the Wall Street as several factors will drive the stock mark...
Charting the global economy: ECB is leaning toward rate hikesEconomic growth varies globally, with some regions facing inflation and others seeing tech-driven booms. Geopolitical events are influencin...
Dollar set for sharp weekly loss versus yen after Japan steps inThe dollar logged its sharpest weekly drop against the yen since February amid suspected Japanese intervention. Authorities signalled disco...
Global markets tread water as yen moves dominate currency tradingGlobal markets steadied as investors tracked sharp yen movements following suspected Japanese intervention. The dollar briefly slid before ...
Yen trims gains against dollar after Japan's intervention in marketsJapan's currency, the yen, saw a slight dip against the dollar on Friday. However, it is set for its strongest weekly rise in over two mont...
Global Market: Asia shares find relief in tech resilience, oil off peakAsian markets rebounded as tech stocks rallied on strong earnings, while Japan intervened to support the yen after its slide. Oil prices ea...
USD Dollar crashes against Yen: Why is Japan currency witnessing historic rise?US dollar index was down 0.70 per cent at 98.17, on track to snap two straight sessions of gains.
Bank of England holds rates and spells out inflation risks from Iran warThe Bank of England kept interest rates on hold on Thursday and set out scenarios for the economic impact of the Iran war, one of which cou...
Dollar holds firm after Fed raises inflation alarm, yen slips past 160The dollar strengthened as hawkish remarks from Federal Reserve policymakers pushed yields higher, leading traders to price out rate cuts t...
Global Markets | European shares subdued as US-Iran talks stall; corporate earnings on tapEuropean shares were muted on Tuesday as investors braced for a week packed with central bank meetings and corporate earnings, while weighi...
Global Market Today: Oil jumps, Asian shares mixed as US-Iran talks stallOil prices surged to a three-week high as stalled U.S.-Iran peace talks prolonged Middle East energy export disruptions. U.S. stock futures...