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US RATE CUTS IMPACT MARKETS
Gold price, silver rate suffer weekly losses. Check latest gold rate predictionsGold rate, silver price were up on Friday but both precious metals were jolted by weekly losses.
BoE's Bailey says energy price pass-through remains limited, rate risks persistBank of England Governor Andrew Bailey said rising energy prices have had limited broader inflationary effects so far, but warned that seco...
US Market: Fed Chair Warsh offers no signal on October interest-rate decisionFederal Reserve Chair Kevin Warsh gave no signal on whether the US central bank would change interest rates at its October 27-28 meeting, r...
US considers removing sanctions on some shadow fleet vessels to cut freight rates, official saysDiscussions are ongoing regarding potential sanctions relief on shadow fleet vessels transporting legal oil and products. Companies would n...
Mortgage rates: Why has long term US home loan rate hit highest level in 3 years. Check impact on home loan borrowersUS Home Loan rate: The recent string of mortgage rate increases snapped as the 10-year Treasury yield pulled back from its highest level si...
The number of Americans filing for jobless aid remain at historically low levels below 200,000U.S. unemployment benefits applications slightly increased, with initial claims rising to 199,000 for the past week. Despite the increase, ...
US labour market remains stuck in low-hire, low-fire state as inflation intensifies: FedThe Federal Reserve's latest Beige Book highlights persistent inflation pressures and a stagnant US labour market, with rising energy, tari...
Bund yields fall as investors seek safe havens amid AI concernsOn Thursday, the euro area's benchmark Bund yields declined significantly as investors shifted to safe-haven assets. This follows a substan...
- Global Market: Citi expects Fed to raise rates by 25 basis points in December after hot US inflation data
Citigroup now expects the US Federal Reserve to raise interest rates by 25 basis points in December following hotter-than-expected Septembe...
US Federal Reserve's Mary Daly sees more rate hikes ahead, but not necessarily in OctoberSan Francisco Federal Reserve President Mary Daly indicated that further adjustments to interest rates might be necessary to address inflat...
10-year treasury: Why is US Bond market benchmark yield rising on Wednesday? What does this mean for economy, Fed Interest Rate?U.S. bond market benchmark 10-year Treasury, saw its yield jump to 5.26 per cent from less than 5.17 per just before the inflation report’s...
US stocks: US market slides as hot CPI data fuels rate-hike bets; chips, banks weighWall Street's major indices took a hit as an inflation report outpaced forecasts, sparking heightened speculation about rate increases. Inv...
Netflix announces its biggest layoffs to date, to fire 6% employees. Read the full letter of co-CEOs to staffIn a strategic move amid declining subscriber numbers, Netflix announced the layoff of approximately 1000 employees, making up about 6% of ...
Gold drops over 1% as hot US inflation data boosts Fed hike betsUS consumer prices increased in September, contributing to expectations of an interest rate hike by the Federal Reserve. Following this inf...
India's benchmark bond breaks 4-day falling streak as value investors returnIndian government bonds have rebounded following a significant rise in yields, drawing investors back into the market. The benchmark bond y...
Industry body seeks higher duty on copper used in solar moduleThe Indian Primary Copper Producers Association has urged the government to raise customs duties on solar copper products. They recommend i...
US Market: Four warning signs that bond selling could intensifyUS Treasury yields have hit two-decade highs, driven by Middle East conflict risks and fiscal concerns. Key indicators including rising opt...
Gold steady as markets strap in for inflation dataGold prices showed little movement as early Asian trading commenced, with many awaiting US inflation data this week. Spot gold remained ste...
Global Market: Wall Street in focus as US jobless claims ease amid Fed rate uncertaintyUS jobless claims fell to 197,000 last week, below expectations, signalling low layoffs despite sluggish hiring. The data keep the Federal ...
Iraq devalues its currency as Mideast war disrupts oil shipping routesIraq has officially devalued its currency from 1,300 dinars to 1,500 dinars to the US dollar. The Central Bank announced this decision foll...