U.S. Payrolls Report Poised to Shape Fed Rate Cut Decision and Global Markets Global markets are focused on Friday’s U.S. payrolls report, which could heavily influence the Federal Reserve’s next move. Analysts predict a 160,000 rise in jobs and a slight dip in the unemployment rate to 4.2%, though weaker data could fuel expectations of […]

Asian Markets Mixed Amid Global Sell-Off and Rate Hike Speculation Asian markets were mixed on Thursday following a global sell-off, with Wall Street’s tech and energy sectors pulling back. Japan’s benchmark Nikkei 225 fell 0.9% to 36,700.19, as wage growth data beat expectations, signaling a possible rate hike. Average cash earnings in Japan grew 3.6% […]

Global Market Turmoil: Nvidia’s Plunge Sparks AI Concerns Amid DOJ Antitrust Probe Asian stocks tumbled, tracking the sharp decline in US markets, as Nvidia’s 9.5% plunge erased $279 billion in market value, leading chipmakers like TSMC and SK Hynix to drop over 4%. The risk-off sentiment was fueled by concerns over AI and soft US […]

Fed policymakers agree on need for rate cuts, but their reasons vary As recently as two and a half months ago, most U.S. central bankers didn’t see an interest rate cut in the cards at their Sept. 17-18 meeting. By the end of last month, when Federal Reserve Chair Jerome Powell said it was time […]

Asian Markets Slip as Investors Eye Key U.S. Economic Data and Fed Rate Decisions Asian stocks fell, with markets turning risk-averse ahead of key US economic data later this week that may influence Federal Reserve rate cut decisions. The dollar and yen strengthened against other currencies, while US equity futures dropped ahead of Wall Street’s […]

Dollar Rises to Two-Week High as Fed Rate Cut Bets Ease Ahead of U.S. Jobs Report The dollar climbed to a two-week high against the euro on Monday as traders reduced bets on aggressive rate cuts by the Federal Reserve, focusing instead on the upcoming U.S. jobs report. The dollar’s strength was supported by a […]

Major Currency Pairs Remain Neutral as Markets Await Key Economic Data The GBPUSD, USDJPY, and USDCHF started the final trading day of the week in a neutral position, hovering between their 100-hour and 200-hour moving averages. This technical standoff is likely to persist until key economic reports provide direction. As the day unfolds, traders are […]

Dollar Steadies Ahead of Key U.S. Inflation Data, Traders Eye Fed’s Next Move The US dollar stabilized on Thursday, recovering from recent losses as traders focus on the upcoming core personal consumption expenditures (PCE) price index release, the Federal Reserve’s preferred inflation gauge. The PCE data, due Friday, could provide crucial insights into future rate […]

Asian Markets Decline Amid Weak Chinese Earnings and Anticipation for Nvidia Results Asian stocks fell, led by declines in Chinese markets, as disappointing corporate earnings raised concerns about China’s economic outlook. Nongfu Spring Co. shares plummeted after reporting its slowest profit growth in four years. Investors are also cautious ahead of Nvidia’s earnings, which are […]

Asian Stocks Retreat as Tech Earnings and US Rate Outlook Weigh on Sentiment Asian stocks ended a three-day winning streak, with technology shares leading the decline as investors focused on corporate earnings and the upcoming Nvidia results. The MSCI Asia Pacific Index fell 0.4%, with notable losses in Hong Kong, mainland China, and South Korea. […]