Fed Minutes to Reveal Debate Over July Rate Cut; U.S. Oil Export Growth Slows Fed minutes to show depth of debate over a July rate cut While the focus is now on September for the start of Federal Reserve interest rate cuts, at least some U.S. central bankers were keen to get the debate about […]
Sterling Hits One-Month High Against Weaker Dollar as Markets Eye Jackson Hole Sterling reached a one-month high against a weakening dollar on Tuesday, remaining flat against the yen. Investors are looking ahead to business activity figures on Thursday and Bank of England Governor Andrew Bailey’s comments at the Jackson Hole meeting on Friday. Improvement in […]
Markets Steady as Yen Drops, Dollar Sluggish Amid Calm Trading Session Today was a much calmer session in the markets, following last week’s hectic activity. With little on the economic calendar until Thursday, market sentiment seems to have entered a lull. The Japanese yen, however, continued to see significant movement. USD/JPY dropped to 146.10 during […]
US Stocks Poised for Best Week on Strong Economic Data and Fed Rate Cut Hopes US stocks are on track for their strongest week, bolstered by data showing the resilience of the American economy. Positive readings on inflation, jobless claims, and retail sales have fueled investor optimism for a “Goldilocks” scenario—moderate inflation with strong growth—as […]
US Futures and European Stocks Edge Higher on Fed Rate Cut Hopes, Cisco and Bavarian Nordic Soar US equity futures and European stocks made slight gains as traders anticipated more economic data that could support Federal Reserve interest-rate cuts. The S&P 500 is poised for a positive open after five consecutive days of gains, driven […]
US Futures Steady as Markets Await Key Inflation Data; Alphabet Drops on DOJ Concerns US equity futures remained stable ahead of a crucial consumer price report that could influence the Federal Reserve’s decision on whether to start cutting interest rates next month. Alphabet Inc. shares fell 1% in premarket trading following news that the Justice […]
US Futures Stall Amid Anticipation of Key Inflation Data and Rising Middle East Tensions US equity futures showed little movement as investors awaited crucial US inflation data, which could guide the Federal Reserve’s future policy decisions. Rising tensions in the Middle East, particularly concerns over a potential Iranian attack on Israel, weighed on market sentiment. […]
US Markets Prepare for Key Economic Data Amid Lingering Volatility US equity futures posted small gains as traders braced for a week of critical economic data, particularly the US consumer price index, which will provide insights into the health of the economy and the Federal Reserve’s interest rate outlook. The S&P 500 and Nasdaq 100 […]
Markets End a Volatile Week on a Calm Note, Stocks Rebound A volatile week in global markets is ending quietly, with light trading and modest movements across stocks, bonds, and currencies. US stocks are recovering from Monday’s selloff, with S&P 500 futures up 0.2%. European stocks also turned positive for the week as investors sought […]
Global Markets Volatile Amid Central Bank Policy Uncertainty European stocks declined and US futures fluctuated as global markets continued to experience volatility due to ongoing debates about central bank policy decisions. The Stoxx Europe 600 index reversed Wednesday’s gains, dragged down by technology and mining shares, while US futures swung between gains and losses. Japanese […]