Republican Jim Jordan does not have enough votes to be elected House speaker in the first round of floor voting.
Risk aversion was the early trade as hot data fueled Fed rate hike bets
Inves… Read More
ALTHOUGH South African equity markets ended last Friday in negative territory, the effect of the Israeli conflict as well as the forecast of the International Monetary Fund (IMF) on prospect… Read More
What are Interest Rates?
Interest rates are the cost of borrowing money. They are set by the Federal Reserve in the US. Lower interest rates encourage borrowing and spending… Read More
Wall Street’s main indexes were mixed on Monday as investors awaited a meeting of central bankers for more clues on the U.S. interest rate path. The Nasdaq received a boost from gains… Read More
The latest data from Bespoke Investment Group reveals that while U.S. stocks have generally performed well this year, the S&P 500 index has encountered some challenges. As of now, the in… Read More
Federal Reserve Chair Jerome Powell on Friday called for more vigilance in the fight against inflation, warning that additional interest rate increases could be yet to come.
While… Read More
Entering the crypto market is not meant for the fainthearted. The 2022 crypto market crash shook the cryptocurrency world, largely a result of the fall of the FTX exchange, which resulted in… Read More
Asian shares had held tight ranges on Wednesday as investors awaited results from tech darling Nvidia’s revenue to see if the sector’s lofty valuations can withstand a jump in bo… Read More
The Indian equity markets have been navigating a downturn in recent weeks, and the coming week promises more volatility as investors grapple with both global and domestic triggers. The US Fe… Read More
5 Mins Ago
Market losing momentum amid overbought conditions, Wolfe Research says
Wolfe Research’s Rob Ginsberg pointed to a worrying trend in the market: Stocks are losing momentum… Read More
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EUR/USD: From Hawks to Not-Yet Doves
The past week was filled with both events and the release of macroeconomic data. Regarding the Federal Reserve meeting on July… Read More
The post Ethereum Rebounds From Critical Support Level! What’s Next For ETH Price Ahead Of FOMC Meeting? appeared first on Coinpedia Fintech News
Ethereum (ETH), the prominent altcoin… Read More
Gold prices slumped on Monday as upbeat US economic data strengthened the greenback and raised expectations of an earlier-than-expected tapering of monetary stimulus. The precious metal fell… Read More
Sensex and Nifty experienced profit booking on Monday and ended lower. A sense of caution will prevail at the start on Tuesday amidst mixed global cues including China’s lacklustre… Read More
By Arathy Somasekhar
HOUSTON (Reuters) -Oil prices were steady on Monday as top oil executives debated supply tightness at an oil conference in Houston.
Oil market and logistics are tight an… Read More
US CPI data
APAC equity markets fell overnight, following the lead of US indices, as investors await key US CPI data.
US consumer price index (CPI) is expected to rise by 5% in April on an… Read More
Gold prices experienced a significant decline on Thursday as the precious metal fell below the crucial $2,000 level. The drop in prices was driven by improving sentiment surrounding a potent… Read More
pacwest bank banking crisis fears – Morgan Lieberman/Bloomberg
PacWest shares plummeted by as much as 60pc in after hours trading in New York amid talks of a rescue for the… Read More
Feb 7 (Reuters) – Federal Reserve policymakers have begun to take stock of an unexpectedly strong January jobs report, with Fed Chair Jerome Powell to face questions later on Tuesda… Read More