Tag: Federal Reserve
UBS Lifts Gold Price Forecast to $3,800 an Ounce by End...
UBS raised its gold price forecast on Friday, lifting its target by $300 to $3,800 per ounce by the end of 2025 and by...
European Shares Climb Following ECB Decision and U.S. Inflation Data
European Stocks End Higher on ECB Decision and U.S. Inflation Data
European markets closed in positive territory on Thursday as investors digested the latest interest...
U.S. Jobless Claims Increase, Surpassing Expectations
U.S. Jobless Claims Rise Above Forecasts, Raising Labor Market Concerns
The latest data shows that initial jobless claims in the U.S. unexpectedly climbed to 263,000,...
IMF Warns of Strains in U.S. Economy as Demand Cools and...
IMF Flags Strains in U.S. Economy as Demand and Job Growth Ease
The U.S. economy is beginning to show signs of pressure after years of...
U.S. Inflation Climbs 2.9% in August
U.S. Consumer Prices Rise 2.9% in August, Strengthening Fed Rate Cut Expectations
U.S. consumer price growth accelerated in August, though the increase came in line...
U.S. Futures Gain Ahead of Inflation Data, ECB Policy Call, and...
U.S. stock futures traded higher on Thursday as investors looked ahead to the release of closely watched inflation data, which could influence the Federal...
Dollar Moves Lower Pre-CPI, Euro in Focus Before ECB Decision
The U.S. dollar edged lower on Thursday after weaker producer price data reinforced expectations of a Federal Reserve rate cut, turning investor focus to...
Wall Street Mostly Up as Producer Prices Fall; Oracle Leads Market...
U.S. Stocks Edge Higher After PPI Drop; Oracle Leads Market Gains
U.S. stocks mostly rose on Wednesday, supported by weaker-than-expected factory-gate prices in August. The...
U.S. Producer Prices Post Surprise 0.1% Decline in August
U.S. Producer Prices Fall in August, Boosting Case for Fed Rate Cut
U.S. factory-gate prices unexpectedly declined in August, signaling softer-than-expected inflationary pressures. The drop...
Asian Currencies Steady as Markets Eye U.S. Rate Cut; Yuan Pressured...
Most Asian currencies traded in a narrow range on Wednesday, while the dollar also steadied. Traders focused on rising expectations of U.S. interest rate...
