Latest Updates Around The World
Gold prices remained largely steady on Friday, after falling more than 1% in the previous session, as investors remained on the sidelines assessing the impact of a widening conflict in the Middle East on the global economy. RAW MATERIALS Spot gold held steady at $5,076.09 an ounce as of 01:16 GMT. US. Gold futures for […]
For months, the US dollar has looked tired. The US Dollar Index has remained below the psychological level of 100 since November and has fallen almost 6.5% since what markets called ‘Liberation Day’. The dollar, once the undisputed king of currencies, suddenly found itself defending territory rather than gaining ground.For a currency that typically strengthens […]
For months, the US dollar has looked tired. The US Dollar Index has remained below the psychological level of 100 since November and has fallen almost 6.5% since what markets called ‘Liberation Day’. The dollar, once the undisputed king of currencies, suddenly found itself defending territory rather than gaining ground.For a currency that typically strengthens […]
For months, the US dollar has looked tired. The US Dollar Index has remained below the psychological level of 100 since November and has fallen almost 6.5% since what markets called ‘Liberation Day’. The dollar, once the undisputed king of currencies, suddenly found itself defending territory rather than gaining ground.For a currency that typically strengthens […]
U.S. consumer inflation cooled slightly more than expected in January, government data showed Friday, as energy prices fell.The consumer price index (CPI) rose 2.4 percent year-on-year, the Labor Ministry said, down from 2.7 percent in December and slightly below the average analyst forecast. This was also the lowest level since May 2025.Concerns about affordability have […]
U.S. job growth accelerated in January and the unemployment rate fell to 4.3%, signs of stability in the labor market that could give the Federal Reserve room to keep interest rates unchanged for some time while policymakers keep an eye on inflation.Nonfarm payrolls rose by 130,000 jobs last month, following a downwardly revised increase of […]
The number of Americans filing new claims for unemployment benefits rose more than expected last week, likely boosted by snowstorms in much of the country, but labor market conditions remain stable.Initial claims for state unemployment benefits rose by 22,000 to a seasonally adjusted 231,000 for the week ended Jan. 31, the Department of Labor said […]
US Federal Reserve Chairman Jerome Powell gestures during a press conference following a two-day Federal Open Market Committee (FOMC) meeting on interest rate policy, in Washington, DC, US, January 28, 2026. | Photo credit: REUTERS/Jonathan Ernst Jerome Powell has two more options to adjust rates before his term as Federal Reserve chairman ends — and […]
Gold rose on Tuesday after breaking the $5,100 mark for the first time in the previous session, as safe-haven demand lingered amid geopolitical uncertainty, while silver also hovered near a record high. RAW MATERIALS * Spot gold rose 1.1% to $5,068.05 an ounce as of 0121 GMT, after hitting a record high of $5,110.50 the […]
US job growth slowed more than expected in December due to corporate caution about hiring due to tariffs and rising investment in artificial intelligence, but the unemployment rate fell to 4.4%, supporting expectations that the Federal Reserve would leave interest rates unchanged this month.Nonfarm payrolls rose by 50,000 jobs last month after rising by a […]
