Tag: Federal Reserve
European Markets Stall After Rally as Puma Soars on Takeover Buzz
European shares were mostly steady on Thursday as investors paused after three straight days of gains. The recent rally came on rising expectations that...
Dollar Crashes Toward Its Worst Week in 4 Months as Fed...
The U.S. dollar moved toward its sharpest weekly decline in four months on Thursday. Investors continued to price in further monetary easing, while President...
Gold Pulls Back After Explosive Rally on Rate-Cut Hopes
Gold prices slipped slightly in Asian trading on Thursday, easing after a strong run earlier in the week. The market remained supported by growing...
S&P 500 Surges as AI Rally Roars Back
The S&P 500 moved higher on Wednesday as major AI stocks rebounded and investor confidence increased on growing expectations that the Federal Reserve will...
AI Begins to Slow U.S. Job Market as Economy Stalls
The latest Federal Reserve Beige Book, released on Wednesday, shows that the U.S. economy remained largely unchanged even as consumer spending continued to ease...
European Stocks Climb on Fed Cut Optimism; U.K. Budget Takes Center...
European stocks moved higher on Wednesday, lifted by growing confidence in a potential Federal Reserve rate cut in December and ahead of the U.K.’s...
Dollar Weakens as Markets Price In Fed Cuts; Kiwi Surges After...
The U.S. dollar weakened on Wednesday after softer economic data reinforced expectations of a December interest rate cut, while investors also bet that the...
Asia FX Holds Steady as Fed Cut Bets Grow; Aussie Rises...
Most Asian currencies were steady on Wednesday as traders assessed rising expectations of a U.S. interest rate cut next month. The Australian dollar strengthened...
Oil Rebounds After One-Month Low, but Oversupply Still Pressures Prices
Oil prices edged higher on Wednesday after falling to a one-month low in the previous session, although expectations of a supply glut and progress...
Bitcoin Holds Near $87.5K as Markets Eye Rate-Cut Bets and Fed...
Bitcoin held steady on Wednesday, showing little movement after last week’s drop to a seven-month low. Investors remained cautious as they weighed rising expectations...
