Tag: Jerome Powell
Wall Street Slips as U.S.-China Tensions Weigh on Markets
Wall Street Stocks Slip as U.S.-China Tensions Rise and Bank Earnings Take Center Stage
U.S. stocks declined on Tuesday, giving back some of the gains...
Asian Currencies Struggle as US-China Tensions Rise; Dollar Holds Firm Before...
Asian Currencies Remain Range-Bound as U.S.–China Tensions Escalate; Dollar Holds Steady Before Powell’s Speech
Most Asian currencies traded within a narrow range on Tuesday as...
Gold Falls from Record Highs After Gaza Ceasefire, Holds Above $4,000
Gold Eases After Gaza Ceasefire but Holds Firm Above $4,000 Level
Gold prices slipped slightly during Asian trading hours on Thursday, as a newly brokered...
Core PCE Index Rises 2.9% in August, U.S. Data Shows
U.S. underlying inflation held steady in August, matching July’s pace and economists’ forecasts. The data highlights the persistence of price pressures that Federal Reserve...
U.S. PCE Inflation Hits 2.7% in August as Bitcoin Jumps Past...
The latest U.S. Personal Consumption Expenditures (PCE) inflation report came in as expected, but it still highlights that inflation remains sticky and above the...
U.S. Markets Gain as Micron Posts Strong Earnings, Data Remains Key
U.S. stocks moved higher on Wednesday, recovering after weakness in the previous session following cautious comments from Federal Reserve Chair Jerome Powell.
At 09:32 ET...
Asian shares fall as Wall Street slides on tech losses and...
Most Asian stocks fell on Wednesday, following overnight declines on Wall Street. Investors grew cautious about the path of U.S. interest rates, while technology...
Asian currencies hold steady after Powell comments; Aussie rises on CPI...
Asian currencies and the U.S. dollar were mostly steady on Wednesday after Federal Reserve Chair Jerome Powell struck a cautious tone on future rate...
Bitcoin steadies near $113K as Fed caution on rates weighs on...
Bitcoin slipped lower on Wednesday, extending this week’s bearish momentum. The decline followed a major wave of liquidations earlier in the week, while investors...
Gold holds near record levels as Powell’s remarks and soft data...
Gold prices held steady in Asian trading on Wednesday, staying close to record highs. Comments from U.S. Federal Reserve Chair Jerome Powell raised caution...
