Latest Updates Around The World
Oil prices rose slightly on Tuesday as increased concerns about Iran and possible supply disruptions outweighed the prospect of increased supplies of crude from Venezuela. Brent futures rose 28 cents, or 0.4%, to $64.15 a barrel by 0101 GMT, hovering around a two-month high hit in the previous session. U.S. West Texas Intermediate crude rose […]
JP Morgan predicts the US Federal Reserve’s next move will be a rate hike in 2027, while Barclays and Goldman Sachs join Morgan Stanley in delaying rate cuts until mid-2026 as data suggests the labor market is not deteriorating anytime soon.JP Morgan withdrew its outlook for a rate cut in January, predicting the Fed’s next […]
“This is about whether the Fed will be able to continue setting interest rates based on evidence and economic conditions – or whether monetary policy will instead be guided by political pressure or intimidation,” Powell says in the video. The subpoenas are the latest move in the Trump administration’s pressure campaign to get Powell to […]
Wall Street’s major indexes rose on Friday after a weaker-than-expected jobs report kept bets on US interest rate cuts intact.A Labor Department report shows nonfarm payrolls rose by 50,000 in December, compared with an estimated increase of 60,000 according to economists polled by Reuters. The unemployment rate fell to 4.4%, slightly below the expected 4.5%. […]
Further rate changes from the U.S. Federal Reserve will need to be “finely tailored” to incoming data, given the risks to both the Fed’s unemployment and inflation targets, Richmond Fed President Tom Barkin said on Tuesday. “Both sides of our mandate need to be watched. Unemployment remains historically low, but has risen. Inflation has fallen, […]
Wall Street moved higher on Tuesday led by healthcare and technology stocks, extending the previous session’s rally as markets positioned for the week’s key jobs report to gauge the Federal Reserve’s policy outlook.The financial sector-driven rally had pushed the blue-chip Dow to a record high on Monday. The Dow Jones is now about 1.9% away […]
The first full trading week of the new year could wake the U.S. stock market from its hibernation as monthly jobs data heralds a busy start to 2026 for investors. Stocks fell in the final session of 2025, with the benchmark S&P 500 posting a monthly loss in December. But the index still rose more […]
The Dow and S&P 500 indexes ended higher on Friday starting in 2026, snapping a four-day losing streak, helped by gains at chip makers Nvidia, Intel and Boeing In 2025, the Dow Jones, S&P 500 and Nasdaq all posted double-digit gains, their third straight year in the green, a run last seen in the 2019-2021 […]
Gold prices fell on Wednesday, December 31, with MCX gold futures falling by Rs 1,140 or 0.8% from their previous close of Rs 1,36,666 to hit an intraday low of Rs 1,35,526. The decline followed a period of sharp volatility caused by heightened geopolitical tensions, which had pushed prices up significantly earlier this week.On the […]
