Latest Updates Around The World
Chicago Federal Reserve President Austan Goolsbee said Thursday that the U.S. central bank should focus on curbing inflation amid ample evidence of labor market stability, in comments that kept alive the prospect of interest rate cuts later this year. “There’s still strength” in the labor market and “I think the biggest thing we’re facing is […]
Ronaldo is an experienced crypto enthusiast dedicated to the emerging and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has developed a deep interest in the world of cryptocurrencies. Ronaldo’s journey started with a hint of curiosity, which quickly turned into a deep passion for understanding the intricacies of this […]
The crypto market traded sideways as Bitcoin recovered nearly 12% from last week’s low of $80,000, stabilizing around $90,688 on Saturday, amid signs of slowing economic momentum in the US. In the past 24 hours, Bitcoin fell 0.55% and Ethereum fell 0.29% to $3,008. Among the major altcoins, XRP, BNB, Solana, Dogecoin and Cardano fell […]
European shares closed higher on Friday, capping a strong weekly gain and ending the month on a robust note, supported by optimism over possible US rate cuts. The pan-European STOXX 600 closed 0.23% higher at 576.34, posting its longest monthly winning streak since March 2024. Stocks in Germany and France added 0.25% and 0.3% respectively. […]
Domestic gold prices fell by nearly Rs 5,000 per 10 gram on Friday to touch the day’s low of Rs 1,21,895, witnessing one of the sharpest intraday declines. Yellow metal prices took cues from international markets, where they fell by $127 per troy ounce.Silver rates fell sharper by Rs 8,700 per kg as white metal […]
US inflation figures for September came in softer than expected after a slowdown due to the federal government shutdown | Photo credit: Reuters A delayed snapshot of inflation in September was softer than expected, potentially providing a path for the Federal Reserve to continue cutting rates after next week’s meeting. The core consumer price index, […]
