Jerome Powell is scheduled to deliver a speech, nominally focused on the labor market, at an event on Wednesday hosted by the Brookings Institution in Washington. It will be one of the last from policymakers before the start of a quiet period ahead of their Dec. 13-14 gathering. Chair Jerome Powell is expected to this […]
The Chinese economy grew at a slower pace in the fourth quarter of 2022, data showed on Tuesday, as disruptions Read more
Oil prices held near eight-month lows on Monday after falling sharply last week, as markets feared that slowing global economic Read more
US. stock futures were trading slightly higher during Sunday’s evening deals, after major benchmark indices posted their greatest weekly losses Read more
Chinese hotels and restaurants are seeking employees amid demand recovery in the services sector after the end of Beijing's zero-COVID Read more
Most Asian currencies crept higher on Wednesday as markets awaited more cues on U.S. monetary policy from Federal Reserve Chair Jerome Powell, although weak economic data from China and uncertainty over the country’s COVID policy weighed on sentiment. Still, most regional units were set to end November substantially higher on a weaker dollar and expectations […]
Most Asian currencies retreated on Thursday as weak U.S. economic data pushed up fears of a potential recession, while the Read more
The Bank of Japan (BOJ) kept its benchmark interest rates unchanged as expected on Wednesday, and also maintained its current Read more
Taiwan's exports in January likely fell for the fifth month in a row amid fears of a global recession, uncertainties Read more
Oil prices rose slightly on Monday tracking optimistic comments on a recovery in Chinese demand from the International Energy Agency, Read more
Oil prices jumped on Tuesday as traders bet that recent weakness in the market will invite more supply cuts by the OPEC, while anti-government protests in China and hawkish signals from the Federal Reserve worsened the outlook for demand. Oil marked a volatile start to the week, initially tumbling as much as 3% as Chinese […]
Most Asian currencies kept to a tight range on Wednesday in anticipation of an interest rate hike and more cues Read more
Gold prices held recent gains on Wednesday as the dollar steadied before the conclusion of a Federal Reserve meeting, while Read more
Chinese hotels and restaurants are seeking employees amid demand recovery in the services sector after the end of Beijing's zero-COVID Read more
Oil prices rose further on Friday, and were set to end the week higher as optimism over an eventual recovery Read more
U.S. stock futures were trading lower during Sunday’s evening trade, after major benchmark indices finished the holiday shortened week higher as investors proved optimistic amid potentially smaller interest rate hikes from Federal Reserve policymakers. By 6:36pm ET (11:36pm GMT) Dow Jones Futures were down 0.2%, S&P 500 Futures fell 0.3% and Nasdaq 100 Futures were […]
Palantir (NYSE:PLTR) reported its first-ever quarterly profit, as well as a top- and bottom-line beat in the final three months Read more
Most Asian currencies moved little on Wednesday in anticipation of a Federal Reserve meeting, while the dollar crept higher as Read more
Oil prices fell Monday, consolidating after last week’s strong gains ahead of the release of demand forecasts from the OPEC Read more
Data last week showed higher-than-expected consumer prices in August, dashing hopes that the worst of rising price pressures may be Read more
Setting short-term financial goals, as well as midterm and long-term, is an important step toward becoming financially secure. If you aren’t working toward anything specific, you’re likely to spend more than you should. You’ll then come up short when you need money for unexpected bills, not to mention when you want to retire. You might […]
Japan's government will make raising wages a top priority in its economic policy next year, Deputy Chief Cabinet Secretary Seiji Read more
Toyota Motor (NYSE:TM) Corp reported on Monday a 1.5% rise in November global vehicle output, reaching a new record of Read more
कोपेनहेगन. जलवायु को नुकसान पहुंचाने में भारत की भूमिका को नगण्य बताते हुए प्रधानमंत्री नरेंद्र मोदी ने मंगलवार को कहा Read more
श्रीलंका (Sri Lanka) ने देश के आतंकवाद विरोधी कठोर कानून (Prevention of Terrorism Act) में प्रस्तावित संशोधनों का बचाव करते हुए मंगलवार को उसे नागरिकों Read more
The U.S. dollar fell across the board on Wednesday, after minutes from the Federal Reserve’s November meeting showed that most policymakers at the central bank agreed it would soon be appropriate to slow the pace of interest rate hikes. The readout of the Nov. 1-2 meeting, at which the Fed raised its key rate by […]
The Australian dollar reversed a recent rally on Thursday, as rising fears of a U.S. recession and soft local jobs Read more
Most Asian currencies crept higher on Wednesday as markets awaited more cues on U.S. monetary policy from Federal Reserve Chair Read more
Asian currencies kept to a tight range on Thursday as fears of a hawkish Federal Reserve grew ahead of key Read more
Gold prices rose slightly on Wednesday, extending mild gains into a third session as pressure from the dollar abated, although Read more
Gold prices steadied on Wednesday, while copper extended strong gains as risk-driven assets rallied on expectations that the Federal Reserve will hike interest rates at a slower pace in the near-term, which also trimmed dollar gains. A growing number of Fed officials said in recent weeks that the central bank is likely to raise interest […]
Gold prices fell on Thursday, reversing recent gains as hawkish comments from Federal Reserve Chairman Jerome Powell dashed hopes that Read more
Gold prices rose slightly on Wednesday, extending mild gains into a third session as pressure from the dollar abated, although Read more
Gold Prices Steadied Above A Major Support Level On Monday As Growing Risks Of An Economic Recession Spurred Some Safe Read more
Gold prices fell on Friday and were set to close the week lower amid fears of more interest rate hikes Read more
Oil prices rose on Tuesday following commitments to tightening supply from Saudi Arabia and the Organization of Petroleum Exporting Countries (OPEC), although concerns over slowing demand in China and a potential U.S. recession kept gains muted. Crude markets reversed sharp losses in a volatile session on Monday after Saudi Arabia, the leader of the OPEC […]
Oil prices rose further on Friday, and were set to end the week higher as optimism over an eventual recovery Read more
Most Asian currencies moved little on Monday as fears of a potential recession and rising COVID-19 cases in China weighed Read more
Oil prices were muted on Thursday, cutting short a three-day rally after data highlighted growing economic cracks in major crude Read more
Oil prices rose on Monday as markets bet that an eventual scaling back of COVID-19 measures in China will boost Read more
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Prime Minister Narendra Modi will launch various healthcare projects in Ahmedabad and address a rally in Rajkot on Tuesday, the Read more
Indian stocks rose on Monday following a series of strong earnings from heavyweight bank stocks, while broader Asian stocks rose Read more
European stock markets edged higher Monday, with sentiment boosted by China’s decision to fully reopen its borders as well as Read more
U.S. stock futures were trading higher during Monday’s evening deals, with market participants looking ahead to a busy week of Read more
Taiwan’s export orders likely contracted again in October as global demand for technology cools though at a slower rate than the previous month, a Reuters poll showed on Friday The median forecast from a poll of 13 economists was for export orders to fall 1% from a year earlier. Forecasts ranged from an expansion of […]
Gold prices kept to a tight range on Tuesday after recovering slightly from their weakest level this year, as concerns Read more
Most Asian currencies moved little on Wednesday in anticipation of a Federal Reserve meeting, while the dollar crept higher as Read more
Chinese manufacturing activity shrank for a fifth straight month in December, a private survey showed on Tuesday, as the country Read more
South Korea's factory activity shrank for a sixth consecutive month in December, a business survey showed on Monday, as the Read more
