Tag: Federal Reserve
Wall Street Boosts Bets on a December Fed Cut Before Key...
Morgan Stanley, Standard Chartered and Nomura are the latest major brokerages to predict that the U.S. Federal Reserve will cut interest rates in December....
Netflix Deal, Japan GDP, China Exports: Key Market Movers Today
U.S. stock futures inched higher on Monday as investors prepared for this week’s Federal Reserve policy meeting. Markets are also weighing the implications of...
Trump’s Security Plan Leaves Crypto and Blockchain Unmentioned
Cryptocurrency and blockchain did not appear in Donald Trump’s latest national security strategy, even though the president has repeatedly said he wants the United...
Dollar Weakens Ahead of Key Fed Meeting
The U.S. dollar slipped on Monday as traders prepared for a busy week of central bank meetings. The highlight will be the U.S. Federal...
Wall St Futures Hold Steady After Gains as Fed Meeting Nears
U.S. stock futures were largely unchanged on Sunday evening after major indexes posted their second consecutive weekly gain. Investors have now shifted their focus...
Asia FX Stalls as Fed Caution Grows; Rupee Near Record Low
Asian currencies traded mostly steady on Monday as investors prepared for a potential Federal Reserve rate cut later this week. The Indian rupee, however,...
Oil Trades Near 2-Week Highs on Fed Cut Hopes and Rising...
Oil prices stayed close to two-week highs on Monday. Investors expect the U.S. Federal Reserve to cut interest rates this week, a move that...
U.S. Stocks Jump After Soft PCE Data Fuels Fed Rate Cut...
U.S. stocks moved higher on Friday after a mild inflation reading strengthened expectations that the Federal Reserve could cut interest rates next week.
By 10:15...
Inflation Nudges Higher: September PCE Data Reveals Fresh Rise
The U.S. Commerce Department reported on Friday that the delayed Personal Consumption Expenditures (PCE) price index rose slightly to 2.8% in the 12 months...
European Markets End Mixed After Crucial U.S. Inflation Data
European stocks ended Friday with a mixed performance. Early optimism faded as investors waited for the delayed release of the Federal Reserve’s preferred inflation...
