The Fed left interest rates on hold at its January meeting and signaled that it was in no hurry to cut rates further. U.S. money markets currently price in just under two 25 basis-point rate cuts this ...
US President Donald Trump is getting his wish that interest rates drop across the world, just not at home, where a strong economy and uncertainty over his own policies have set the stage for the ...
The US labour market is also in focus next week with an update on hires and fires over December on Tuesday. Payroll data for January also arrives on Friday with 170,000 non-farm jobs expected to have ...
S&P 500 rises amid mixed earnings from Apple, Intel, and energy giants. Trump's tariff threats and slowing GDP growth to 2.3% test market resilience amid Fed watch.
EUR/USD declines to near 1.0370 as inflation in six states of Germany decelerates in January.
The euro is slipping fast, dragged down by traders who are betting that interest rates in Europe and the US will continue to head in opposite directions. Yesterday, the European Central Bank (ECB) cut ...
In futures trade, gold contracts for February delivery appreciated by Rs 487 or 0.6 per cent to hit another record high of Rs ...
The PCE report is due at 8:30 a.m. ET Friday. The ECB reduced its key interest rate to 2.75% from 3% Thursday, widening a gap in benchmark borrowing costs with the Federal Reserve. It was the fifth ...
Republicans generally expected higher inflation than Democrats throughout President Joe Biden ’s presidency, according to the University of Michigan’s monthly consumer sentiment survey. Still, from ...
Ales Michl, the governor of the Czech Republic's central bank, asked ECB's General Council to consider the addition of ...
Gold is on track for its best monthly performance since March last year as sentiment remains strong and participants consider ...
Diverging signals about monetary policy from the European Central Bank and Federal Reserve this week have set the euro on a ...