Dollar Gains as U.S. Inflation Data Lowers Expectations for Large Fed Rate Cut The dollar posted a modest gain on Wednesday after U.S. inflation data for August came in largely as expected, reducing the likelihood of a jumbo 50 basis-point rate cut by the Federal Reserve next week. U.S. consumer prices rose 0.2% for the […]

Sterling Edges Up Against Dollar but Slips Versus Euro Amid Stagnant UK Economic Data Sterling gained slightly against the dollar on Wednesday, recovering from earlier losses, but declined against the euro after unexpected stagnation in the UK’s July economic data. The Office for National Statistics reported no growth in British economic output for the month, […]

Oil Prices Rebound on Hurricane-Driven Supply Disruption Fears On Wednesday, oil prices rose, recovering some of the losses from the previous day. This increase was driven by fears that Hurricane Francine could interrupt production in the United States, the top oil producer globally, overshadowing concerns about sluggish global demand. On Tuesday, both oil benchmarks dropped […]

US Equity Futures Steady as Markets Brace for Key Inflation Data and Central Bank Decisions US equity futures showed little movement ahead of a crucial period for markets, with inflation data due on Wednesday and major interest-rate decisions from the FED and the ECB expected soon. S&P 500 futures traded flat after Monday’s 1.2% rebound, […]

Dollar Steady Ahead of U.S. Inflation Data and Fed Rate Decision The US dollar remained stable in early trading on Tuesday, while the yen slightly pulled back from its recent one-month highs. Investors are now shifting focus to upcoming U.S. inflation data and re-evaluating expectations for the Federal Reserve’s interest rate decision next week. Friday’s […]

Trump’s 100% Tariff Proposal Risks Global Dollar Disruption, Analyst Warns Donald Trump’s proposal to impose 100% tariffs on countries that avoid using the U.S. dollar could cause major global economic disruptions, warns Commerzbank’s Ulrich Leuchtmann. He suggests that such a policy might push nations away from the dollar, undermining its safe-haven status and potentially weakening […]

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 […]