Asian stocks fall to two-week low Published 29 Jun, 2026 02:36am BENGALURU: Asian stocks slipped on Friday to their lowest point in two weeks, as Apple’s price hikes soured tech...
Dollar firms as markets weigh Iran war Published 29 Apr, 2026 05:57am NEW YORK: The dollar strengthened on Tuesday as risk-off sentiment driven by the Iran war outweighed a brief yen...
Dollar holds firm Published 08 Apr, 2026 06:57am NEW YORK: The US dollar was not far from its highest levels in almost 11 months on Tuesday with investors pausing...
UK progressing at reasonable speed Updated 16 Feb, 2026 05:39am Last week, two significant economic indicators from the US were published. The jobs report exceeded expectations,...
Rising oil prices constitute an important factor to consider Updated 02 Feb, 2026 06:49am The announcement regarding the replacement of Federal Reserve Chairman Jerome Powell has now been made public....
OPINION: Gold heading for a choppy ride Updated 05 Jan, 2026 07:24am Recently, global financial market activity has been sluggish due to the year-end holiday season, which typically...
Wall Street Week Ahead: Fed’s internal split puts spotlight on Powell’s rate guidance, dissents Published 08 Dec, 2025 02:51am NEW YORK: The Federal Reserve meeting next week is expected to be one of its most contentious in years, and ...
Financial markets uncertain about future Published 17 Nov, 2025 06:35am The prolonged US government shutdown lasting 43 days has finally come to an end, likely providing some relief to...
Gold continues to rise at an exceptionally rapid rate Updated 13 Oct, 2025 07:56am The minutes from the Federal Open Market Committee (FOMC) meeting held on September 16-17, which were released last...
Gold: upward trend likely to persist Updated 22 Sep, 2025 07:47am The Federal Reserve initiated its first action of the year by reducing interest rates by 25 basis points, which was...
Dollar extends post-FOMC rebound Updated 20 Sep, 2025 08:24am NEW YORK: The US dollar rose on Friday, extending its rebound against most major currencies, as traders reassessed...
Fed poised for first rate cut of 2025 Published 15 Sep, 2025 05:59am WASHINGTON: The US Federal Reserve is widely expected to make its first interest rate cut of the year at its policy...
Several factors bolstering gold’s appeal Updated 08 Sep, 2025 07:08am US non-farm payroll figures dropped significantly in August, indicating a slowdown in the economy. Contrary to...
Gold expected to continue its upward trend Published 25 Aug, 2025 06:11am The market remains uncertain regarding the timing of a US interest rate cut, with participants closely monitoring ...
Economic reports do little to uplift global equity markets Updated 04 Aug, 2025 06:56am The US Non-Farm Payroll (NFP) faced a significant decline in July, reporting 73,000 jobs added, well below the...
Market stays concentrated on unresolved tariff issues Updated 14 Jul, 2025 07:28am The recent minutes from the Federal Open Market Committee (FOMC) meeting held on June 17-18 revealed a range of...
Gold still faces downside risks Updated 05 May, 2025 08:06am Last week, the global financial markets displayed some stability following a reduction in tariff tensions between ...
All eyes on the Fed’s interest rate decision Published 17 Mar, 2025 06:43am This week, the market will be closely monitoring the Federal Reserve’s interest rate decision, which is set to be...
Dollar eases after US data Published 01 Nov, 2024 06:51am NEW YORK: The dollar eased broadly on Thursday after US data suggested upward price pressures continue to ease,...
Dollar drops on softer than expected May inflation Published 13 Jun, 2024 06:59am NEW YORK: The dollar tumbled on Wednesday after data showed that consumer prices in May rose less than economists...
Fed may remain on pause and pare back rate cut expectations Published 10 Jun, 2024 06:52am WASHINGTON: The US Federal Reserve is likely to keep interest rates unchanged this week, but could pare back the...
Fed to meet amid dwindling hopes of summer rate cuts Updated 29 Apr, 2024 09:20am WASHINGTON: The US Federal Reserve is highly likely to keep interest rates unchanged later this week, as...
European shares fall as hot US inflation data rains on rate-cut hopes Published 12 Jan, 2024 03:06am PARIS: European shares ended lower on Thursday after a hotter-than-anticipated US inflation reading doused hopes of...
Dollar hits four-month low after Fed pivots, ECB leaves rates unchanged Published 15 Dec, 2023 03:12am LONDON: The dollar touched a fresh four-month low on Thursday after the Federal Reserve indicated that its...
European shares rise on retail, healthcare boost Published 02 Nov, 2023 03:16am PARIS: Europe’s benchmark index rose on Wednesday, led by healthcare and retail stocks, with investors bracing for...
Wall Street muted as investors digest inflation data Published 13 Oct, 2023 05:50am NEW YORK: Wall Street’s main indexes were subdued in choppy trading on Thursday, as data showed consumer prices...
Fed should proceed ‘carefully’ on rate hikes: officials Published 10 Oct, 2023 06:19am WASHINGTON: The US Federal Reserve should proceed carefully when deciding whether or not to hike interest rates...
Australia, NZ dollars calm ahead of central bank moves this week Published 18 Sep, 2023 10:05am SYDNEY: The Australian and New Zealand dollars were calm on Monday ahead of a slew of central bank rate decisions...
US Fed likely to pause rate hikes despite higher inflation Published 17 Sep, 2023 12:35pm WASHINGTON: The US Federal Reserve is widely expected to hold interest rates steady on Wednesday after a summer of...
Fed doublespeak Updated 03 Aug, 2023 06:34am Traders with long US equity and long dollar positions that laughed all the way to the bank after the Fed’s latest...