Could September’s inflation spike spell the end for a dovish Fed? US consumer prices jumped 0.2% in September, matching August’s rise, and pushing the annual inflation rate to 2.4%—the smallest increase since February 2021. But there’s a twist: inflation came in hotter than expected, shaking up predictions and cooling down hopes for aggressive Fed rate […]

US Futures Steady After Record Highs, DOJ Targets Google, Fed Minutes Show Rate Cut Debate U.S. stock futures remained steady on Thursday after the Dow and S&P 500 reached record highs on Wednesday. The Dow rose 1.03%, the S&P 500 gained 0.71%, and the Nasdaq added 0.6%, with most S&P sectors, led by healthcare, technology, […]

Mixed U.S. Equity Futures as Rising Yields and Alphabet Antitrust Concerns Weigh on Markets U.S. equity futures were mixed on Wednesday as investors reacted to rising Treasury yields and the potential for an antitrust crackdown on Google-owner Alphabet Inc. S&P 500 futures slipped 0.1%, while Nasdaq 100 futures fell 0.2%. Alphabet shares dropped 1% premarket […]

U.S. Equity Futures Steady as Fed Signals Soft Landing; Treasury Yields and Dollar Strengthen Ahead of Fed Minutes U.S. equity futures remained steady in Asia following solid gains, driven by optimism from Federal Reserve officials about managing interest rates for a soft economic landing. New York Fed President John Williams highlighted the strength of the […]

ECB Rate Cuts Expected Amid Cooling Inflation and Growth Challenges in Eurozone The European Central Bank (ECB) is expected to cut its deposit rate by 25 basis points in both October and December, according to a Reuters poll of economists. This follows a dip in euro zone inflation to below 2% in September, with ECB […]

Wall Street Slips Amid Rising Yields, Fed Concerns, and Tech Weakness Wall Street’s major indexes fell around 1% on Monday, driven by concerns over rising Treasury yields, potential impacts from the Middle East conflict on oil prices, and a shift in expectations for Federal Reserve interest rate cuts. A stronger-than-expected jobs report caused traders to […]

Gold Holds Steady as Strong U.S. Jobs Data Lowers Odds of Fed Rate Cuts Gold prices remained steady, trading near $2,655 an ounce as traders adjusted their expectations for Federal Reserve rate cuts following stronger-than-expected U.S. jobs data. U.S. Treasury yields have returned to 4%, reducing the likelihood of a significant rate cut by the […]

Dollar Index Surges After Strong U.S. Jobs Data; Yen Faces Worst Week Since 2009 The dollar index soared on Friday, heading for its best week in two years, after a strong U.S. jobs report for September showed a higher-than-expected increase in non-farm payrolls, a decline in unemployment, and faster hourly earnings growth. The report erased […]

Dollar Steadies Near Six-Week High as Investors Eye Central Bank Moves and Jobs Data The dollar remained close to a six-week high on Friday as investors focused on upcoming U.S. jobs data that could influence future interest rate decisions. Safe-haven demand boosted the greenback amid escalating tensions in the Middle East, while dovish expectations for […]

U.S. Dollar Near Six-Week High Amid Middle East Tensions and Anticipation of Jobs Report; Yen Faces Sharp Decline The U.S. dollar hovered near a six-week high on Friday, supported by safe-haven demand amid escalating Middle East tensions and anticipation of the U.S. non-farm payrolls report, which could influence the Federal Reserve’s interest rate decisions. The […]