Tag: Federal Reserve
Asian Currencies Little Changed With Fed Easing in Focus, PCE Data...
Asian currencies weakened slightly on Friday as traders awaited the release of the Federal Reserve’s preferred inflation measure to refine bets on a September...
S&P 500 Slips After Hitting New Record on Stronger Economic Data
The S&P 500 eased slightly from record highs on Thursday as investors balanced stronger U.S. economic growth data with earnings from artificial intelligence leader...
US Stocks Edge Up as Nvidia Dips; Dollar Moves Lower
U.S. stock markets closed mostly higher on Thursday, even as Nvidia shares slipped on concerns about its China business. Meanwhile, the dollar weakened against...
Fed Governor Cook Takes Trump to Court Over Firing Attempt
Federal Reserve Governor Lisa Cook has filed a lawsuit challenging President Donald Trump’s attempt to remove her from office, arguing that he lacks the...
Nvidia Earnings, Tesla’s Europe Sales, Japan Trade Shape Market Moves
U.S. stock futures traded mixed on Thursday, with Nvidia’s results weighing on the tech sector, Tesla posting sharp declines in Europe, and Japan’s trade...
Oil Prices Decline as U.S. Summer Demand Nears End
Oil prices fell on Thursday, retreating from gains in the previous session as investors weighed expectations of slowing U.S. fuel demand with the end...
Asian Currencies, Dollar Little Moved by Trump’s Fed Shakeup; Rupee Weakens
Asian currencies traded slightly higher on Thursday, showing little reaction to President Donald Trump’s attempt to dismiss Federal Reserve Governor Lisa Cook. Meanwhile, the...
Gold Holds Around $3,400 as Markets Await Data, Rate Cut Hopes...
Gold prices steadied near a two-week high in Asian trading on Thursday, supported by growing expectations of a September interest rate cut from the...
Asia Stocks Mixed: Nvidia Declines While China Chipmakers Surge
Asian markets were volatile on Thursday, as concerns about Nvidia’s China business pressured regional suppliers, even while Chinese chipmakers surged.
MSCI’s broadest index of Asia-Pacific...
Dollar Recovers Even as Fed Independence Concerns Linger; Euro Declines
The U.S. dollar strengthened on Wednesday, although gains were capped by ongoing concerns about the independence of the Federal Reserve after President Donald Trump’s...
