Euro hits 17-month low as French debt fears, US inflation lift dollarThe euro reached a 17-month low against the dollar due to worries over France's budget deficit. Concerns about a potential euro-zone debt c...
US stocks: Nasdaq hits record as megacap gains offset elevated Treasury yieldsOn Monday, the S&P 500 gained ground and the Nasdaq Composite hit a historic high, propelled by heavyweight stocks. The technology sector l...
Dollar holds firm as French fiscal woes keep euro on back footThe dollar's ascent continues, climbing to a 17-month peak as the likelihood of a Federal Reserve rate increase diminishes. Meanwhile, Euro...
Nasdaq rises 1%, Dow, S&P close higher as weak jobs data tempers rate hike betsU.S. stocks finished higher following a weaker-than-expected jobs report which eased rate hike expectations. Nonfarm payrolls rose by only ...
US Federal Reserve Interest Rate prediction: Fed experts are making bold forecastUS Fed Interest Rate Forecast: Benchmark 10-year Treasury note yield touched a 24-year high before falling back to around 5.24 per cent. Hi...
Goldman Sachs pushes Fed rate hike forecast to DecemberGoldman Sachs has revised its forecast for the next US interest rate hike from October to December. This change comes after lower-than-expe...
US inflation rises less than expected in August; consumer spending surgesUS inflation rose less than expected in August, with the PCE price index increasing 0.3% month-on-month and 2.6% year-on-year. Core PCE ros...
Why are oil prices rising again? US crude and Brent November futures witness spikeOil prices are moving upwards on Wednesday. US crude climbed 2.2% to $91.33 a barrel while Brent November futures jumped 1% at $103.71. The...
Why is silver price falling today? Precious metal set for a monthly declineSilver price is dropping steadily on Wednesday. Spot silver has declined 0.8% to $60.98. Platinum has moved upwards by 0.5% to $1,714.71 an...
Why is gold price rising today? Gold prices move higher as markets assess US inflation data and Federal Reserve rate expectationsGold price is witnessing a steady spike on Wednesday. Spot gold jumped 0.2% to $4,188.17 an ounce, while US gold futures gained 1% to $4,21...
Gold heads for monthly decline, US inflation data loomsOn Wednesday, gold prices remained stable, although they are poised for a monthly decline. Market participants are scrutinizing US inflatio...
Why are oil prices down today?Oil prices have begun to fall now. Brent crude futures dropped more than 1% and hovered near the $105 per barrel mark. The oil prices have ...
Why is silver price down today?Silver price is dropping by around 1% on Tuesday. The spot silver has fallen to $60.78. The bullion prices are fluctuating constantly due t...
Why is gold price up today?After hitting a more-than-seven-week low in the previous session, Gold prices have bounced back on Tuesday. As of 1136 GMT, spot gold has c...
Gold holds near seven-week low, US economic data on tapGold prices are holding steady near a seven-week low, despite ongoing concerns about rising interest rates from the Federal Reserve. Invest...
Why is gold price falling today?Gold price has dropped significantly on Monday. The precious metal has dipped more than 3% and touched its lowest in over seven weeks. The ...
Fed tightening bets weigh on gold pricesGold prices have taken a hit, influenced by rising oil rates that have sparked inflation fears and suggested further interest rate hikes ma...