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Israel government recognises Armenian genocide in rebuke to TurkeyThe Israeli government on Sunday unanimously recognised the massacres of Armenians during World War I as genocide, a move widely seen as a ...
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...
Dollar declines for second straight day but set for weekly gainThe dollar dipped for a second day as easing inflation and falling oil prices tempered expectations for Federal Reserve rate hikes. Despite...
IMF economist says dollar remains at heart of global financial systemDespite global trade shifts due to U.S. tariffs, the dollar remains the bedrock of international finance, according to the IMF's chief econ...
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...
Global Market: Core inflation in Tokyo accelerates as energy-driven price pressures begin to broadenTokyo's core inflation surged in June, driven by rising energy costs stemming from the Middle East conflict. This acceleration signals broa...
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...
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...
US to move forward with Turkey jet engine sales ahead of NATO summit, sources sayThe Trump administration is reportedly pushing ahead with a multi-million dollar sale of jet engines to Turkey, despite congressional objec...
Weak monsoon raises food inflation concerns, but rate hike seen unlikelyEconomists are split on how a weak monsoon will affect food prices, with some believing falling oil prices will offset any hikes. Others wa...
US new single-family home sales post second straight monthly declineUS new home sales unexpectedly fell in May for the second straight month, hitting a seasonally adjusted annualised rate of 580,000 units, t...
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...
US manufacturing soars on front-loading of orders; factory employment tanks to six-year lowUS manufacturing activity surged in June as businesses stocked up anticipating shortages and price hikes, driven by Middle East conflict im...
RBI seen in no rush to press rate hike pedal, decision may get deferred to second half of FY27Economists are increasingly pushing back expectations of a Reserve Bank of India (RBI) interest rate hike, with many now seeing any tighten...
US Stock Market: Warsh reshapes Fed playbook with leaner messaging and reform agendaUS Federal Reserve Chair Kevin Warsh signalled a major shift in central bank communication by adopting shorter policy statements and focusi...
5 world market themes for the week aheadGlobal markets are watching closely as a U.S.-Iran deal faces crucial weeks. Key economic data from the U.S. and Australia, along with Colo...
Kitchen staples face rising price pressure as El Nino risks growExpect higher prices for essential kitchen items like spices, eggs, and dairy. Food inflation is rising, with a potential monsoon deficit a...
Oil below $80 may cap fuel price hikes, boost India outlookFalling crude oil prices below $80 a barrel are set to prevent further fuel price increases. This development is boosting India's economic ...
UK inflation unexpectedly sticks at 13-month low before BoE rate decisionUK inflation remained steady at 2.8% in May, surprising economists and the Bank of England. This data influenced currency markets, with Ste...
Decision-Day Guide: Warsh faces first big test as Fed ChairFormer Fed governor Kevin Warsh, if elevated to Federal Reserve Chair, faces his first major test amid heightened market sensitivity to US ...