Oil Prices Rise on Middle East Tensions and U.S. Fed Rate Cut On Monday, oil prices increased due to worries that escalating conflict in the Middle East could reduce regional supply, along with expectations that last week’s significant U.S. interest rate cut will boost demand. Both contracts increased in the last session, driven by the […]

Global Stocks Hold Near Record Highs as Fed Rate Cut Fuels Optimism World stocks hovered near record highs on Friday, buoyed by the Federal Reserve’s 50 basis point rate cut earlier this week. Investors were reassured that the Fed’s move was a proactive measure to support a resilient economy rather than an emergency response to […]

Oil Set for Weekly Gain After Fed Cut With Focus on Middle East Oil was on track for the biggest weekly advance since February after a steep interest-rate cut by the Federal Reserve, while traders continued to monitor simmering tensions in the Middle East. Brent traded below $75 a barrel on Friday, with futures more […]

Global Stocks Rally as Fed’s Bold 50 Basis-Point Cut Fuels Optimism for Soft Landing Global stocks surged after the Federal Reserve’s 50 basis-point interest rate cut reignited investor confidence. US futures soared, with the S&P 500 and Nasdaq 100 poised for strong gains. Europe’s Stoxx 600 also advanced, while a weaker dollar and rising cryptocurrencies […]

Oil Steadies as Weak US Demand Signs Offset Fed’s Deep Rate Cut Following the Federal Reserve’s rate cut, attention shifts to the Bank of England (BoE), which is expected to keep interest rates unchanged at 5.0% on Thursday. With Britain’s services inflation still high at 5.6%, policymakers are likely to maintain a cautious stance, avoiding […]

Dollar Dips as Investors Await Fed Rate Decision The US dollar eased against the yen on Wednesday as traders adjusted their positions ahead of a crucial Federal Reserve policy meeting expected to initiate the first interest rate cut in over four years. The market is currently pricing in a 63% chance of a 50 basis […]

Federal Reserve is set to cut interest rates for the first time in 4 years Having all but tamed inflation, the Federal Reserve is poised to do something Wednesday it hasn’t done in more than four years: Cut its benchmark interest rate, a step that should lead to lower borrowing costs for consumers and businesses […]

Dollar Strengthens Ahead of Key Economic Data and Fed Meeting The US dollar edged higher against most major trading partners early Tuesday, with a small decline against the euro, as markets await a busy day of economic data. Key reports include August retail sales and the New York Federal Reserve’s services reading for September, both […]

U.S. Dollar Near Yearly Lows as Markets Anticipate Aggressive Fed Rate Cut The U.S. dollar traded near its lowest levels of the year as markets anticipate the start of a U.S. easing cycle, with growing expectations of an outsized rate cut by the Federal Reserve. The chance of a 50 basis point rate cut has […]

Fed set to enter new era with first rate cut in 4 years Wednesday. But what comes next? When the Federal Reserve meets Wednesday, officials are expected to mark the end of an era as they cut interest rates for the first time in four years and chart a course for lower rates over the […]