Powell: A rate cut is appropriate at some point this year
Daily NewsFed Chairman Jerome Powell gave the message in his speech to the US House of Representatives that the Fed will not rush to cut interest rates. In his expected spe...
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Fed Chairman Jerome Powell gave the message in his speech to the US House of Representatives that the Fed will not rush to cut interest rates. In his expected spe...
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The ADP private sector employment data in the US has been released. Private sector employment in the US increased by 140,000 in February. Economists surveyed by B...
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Oil prices settled after falling after a report showed U.S. inventories continued to rise, a sign that supply may be outpacing demand. Brent crude traded around $...
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Gold held steady after rising to a record high in the previous session. Gold held steady after rising to a record high in the previous session, weighed down by U....
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The winners of the Super Tuesday primaries in the US were Donald Trump for the Republicans and Joe Biden for the Democrats. In the US, the winners of Super Tuesda...
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While both gold and bitcoin prices have reached record levels, demand for exchange-traded funds (ETFs), two investment vehicles seen as stores of value and used a...
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The Central Bank of the Republic of Turkey (TCMB) has carried out a Turkish lira settled forward foreign exchange sale transaction for the first time since July 2...
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Oil prices continued to slide as signs of macroeconomic weakness, particularly in top importer China, overshadowed the widely expected extension of OPEC+’s produc...
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Gold traded sideways after reaching near-record highs on speculation of a rate cut. Gold held steady in Asia after rising to near-record levels in the previous se...
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Atlanta Fed President Raphael Bostic said he expects the Fed to pause at its next meeting after just one rate cut in the third quarter. Atlanta Fed President Raph...
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JPMorgan expects the Central Bank of the Republic of Turkey to hike interest rates by 500 basis points in April after inflation exceeded expectations in February....
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While the positive atmosphere continued in Asian markets, initial signals in US markets pointed to a negative trend. Asian markets followed the 5% growth target a...
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The Chinese government has set an annual growth target of around 5 percent The Chinese government has set an annual growth target of around 5 percent, raising exp...
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Bitcoin tested the $64,000 level again early this morning. Bitcoin rose for the second day in a row, approaching a new all-time high, driven by expectations of st...
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Fed Chair Jerome Powell is expected to reiterate his message of patience on rate cuts in his mid-year presentation this week. Following the release of core PCE da...
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Goldman Sachs has removed Apple stock from its "Directors' Cut" list of most-buy stocks after the stock underperformed on concerns about weak demand for its core ...
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Oil held steady near its highest level this year after OPEC+ extended production cuts and progress toward a ceasefire in Gaza stalled. Brent futures traded around...
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While new public offerings were seen on the stock exchange in February, the number of investors also rose above 8 million again. The investor loss that accelerate...
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International credit rating agency Moody's reported that it expects G20 economic growth, which was 2.9 percent last year, to decline to 2.4 percent in 2024. Moody...
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temporary budget bill that will avert a federal government shutdown in the US has passed the House of Representatives and the Senate. The bill, which provides for...
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Oil is on track for a weekly gain as OPEC+ leaders decided earlier this month whether to extend supply cuts into the next quarter Oil prices are on track for a we...
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