Latest Updates Around The World
The Federal Reserve should “move slowly” in approving further interest rate cuts as monetary policy moves closer to a neutral stance, Fed Vice Chairman Philip Jefferson said Friday.After a quarter-point rate cut last week, which Jefferson supported, he said “the current policy stance is still somewhat restrictive” and serves to reduce inflation, which available information […]
Warren Buffett is ending his legendary run at Berkshire Hathaway just as he spent the last three years, selling more shares than he’s buying, piling up record cash and waiting for better bargains. With just two months to go before he hands over the CEO reins to Greg Abel, the 95-year-old investor has cemented his […]
Investor interest in safe-haven assets resulted in a record quarter for gold demand in the third quarter of 2025, according to the latest report from the World Gold Council (WGC). The WGC published her Gold Demand Trends Q3 Report on October 30, clearly demonstrating that investor demand for gold is exploding as economic and geopolitical […]
Wall Street stocks fell early Tuesday as shares in technology names including Palantir retreated as investors digested a slew of earnings reports.The Dow Jones fell 436.01 points, or 0.92%, to 46,894.82; the S&P 500 fell 81.71 points, or 1.19%, to 6,767.31; and the Nasdaq fell 398.08 points, or 1.67%, to 23,422.70. Analysts pointed to “profit […]
The dollar strengthened to a nearly three-month high on Monday as investors awaited the release of data this week to gauge the health of the US economy and whether it could change the Federal Reserve’s hawkish stance. The yen languished near an 8.5-month low, pressured by wide interest rate differentials between the US and Japan. […]
Mortgage spreads Why and how did I reach my target level this year? With interest rate volatility easing and the Fed’s rate-cutting cycle continuing, mortgage rates should improve by 0.27% to 0.41% this year. Now that we have reached my optimal improvement for mortgage spreads in 2025, I would like to remind everyone that we […]
The Indian market ended lower on Friday with the Sensex and Nifty posting a second day of losses as investors booked gains amid mixed corporate earnings and cautious global cues, with a stronger US dollar and the Federal Reserve’s dovish stance on rate cuts denting sentiment, while heavyweights HDFC Bank and ICICI Bank came under […]
Eurozone government bond yields were on track for a second weekly rise in a row, following an aggressive signal from the Federal Reserve and a quiet meeting of the European Central Bank. The ECB kept interest rates unchanged at 2% and reiterated that policy was in a “good place” as economic risks recede and the […]
The Indian rupee fell to its lowest level in two weeks on Thursday as the outflows compounded the blow of an hawkish stance in Federal Reserve policy that pushed dollar and U.S. Treasury yields higher. The rupee closed at 88.6950 against the US dollar, down 0.6% on the day after hitting a two-week low of […]
The Federal Reserve’s decision on Wednesday to cut interest rates by a quarter of a percentage point drew dissent from two policymakers, with one favoring a larger cut and the other favoring no cut at all, a rare example in recent decades of multiple dissents in opposing directions. The Federal Open Market Committee voted 10-2 […]
