CPI 3.4% Keeps Bitcoin at $64,000 as Energy Inflation Looms
Markets

CPI 3.4% Keeps Bitcoin at $64,000 as Energy Inflation Looms

The July U.S. CPI landed at 3.4% year on year, exactly on consensus, leaving Bitcoin near $64,000. Energy prices and SEC...

Yael Ben-David 👁 72 💬 0
Yen Slides Back Toward 160 as Markets Question Next US-Japan Intervention
Markets

Yen Slides Back Toward 160 as Markets Question Next US-Japan Intervention

The dollar-yen rate has retraced about half of its post-intervention move, putting Washington and Tokyo under pressure t...

Yael Ben-David 👁 46 💬 0
New Fed Chair Warsh Faces Early Fire Over Communication, But El-Arian Defends Reform Push
Economy

New Fed Chair Warsh Faces Early Fire Over Communication, But El-Arian Defends Reform Push

Former Fed officials and columnists question Kevin Warsh's public silence; FT commentator Mohamed El-Arian argues the pu...

Niamh O'Sullivan 👁 41 💬 0
US Inflation Slows to 3.4% in July, but September Fed Decision Hangs in the Balance
Economy

US Inflation Slows to 3.4% in July, but September Fed Decision Hangs in the Balance

Cooling headline and core inflation matched forecasts, yet a split Fed, weak July payrolls and a largely closed Strait o...

Niamh O'Sullivan 👁 44 💬 0
Oil Prices Edge Up as Strait of Hormuz Stalemate Chokes Global Supply
Energy

Oil Prices Edge Up as Strait of Hormuz Stalemate Chokes Global Supply

Brent crude rises to $89.08 and U.S. gasoline hits $4.04 a gallon as fighting in Iran effectively shuts the critical wat...

Aoife Keane 👁 53 💬 0
Markets Hold Breath as US CPI Test Looms for New Fed Chair Kevin Warsh
Economy

Markets Hold Breath as US CPI Test Looms for New Fed Chair Kevin Warsh

Investors brace for US inflation data that will determine whether the Federal Reserve raises rates in September. AI stoc...

Niamh O'Sullivan 👁 47 💬 0
Trump Renews Push to Fire Fed Governor, Pressures Warsh on Interest Rates
Economy

Trump Renews Push to Fire Fed Governor, Pressures Warsh on Interest Rates

President Trump sends a letter to Fed Governor Lisa Cook accusing her of offenses, while pushing Chair Kevin Warsh to ke...

Niamh O'Sullivan 👁 62 💬 0
CAC 40 and oil prices stabilise as Pakistan hints at US-Iran arrangement
Markets

CAC 40 and oil prices stabilise as Pakistan hints at US-Iran arrangement

Brent crude slips back below $88 after Islamabad signals talks are making progress, calming a jittery oil market and hel...

Yael Ben-David 👁 47 💬 0
Why July’s US Inflation Report Could Jolt Markets and Reshape Fed Bets
Economy

Why July’s US Inflation Report Could Jolt Markets and Reshape Fed Bets

The US consumer price index for July is expected to show headline inflation easing to 3.4% and core to 2.5%. With the Fe...

Niamh O'Sullivan 👁 44 💬 0
Wall Street Edges Higher on Renewed Hormuz Deal Hopes, Eyeing CPI
Markets

Wall Street Edges Higher on Renewed Hormuz Deal Hopes, Eyeing CPI

US stocks posted modest gains Tuesday as diplomatic signals pointed to a possible breakthrough on the Strait of Hormuz, ...

Yael Ben-David 👁 48 💬 0
DAX Hits Record Above 26,500 as Geopolitical Hopes and Oil Retreat Lift Sentiment
Markets

DAX Hits Record Above 26,500 as Geopolitical Hopes and Oil Retreat Lift Sentiment

The German blue-chip index crossed 26,500 for the first time before closing at 26,391.42, boosted by signs of a possible...

Yael Ben-David 👁 47 💬 0
FTSE 100 Falls Short of Record as US Jobs Data Fuels Rate-Cut Hopes
Markets

FTSE 100 Falls Short of Record as US Jobs Data Fuels Rate-Cut Hopes

The FTSE 100 slipped after nearing an all-time high, while a softer US payrolls report lifted Wall Street but left Europ...

Yael Ben-David 👁 50 💬 0
US and Japan Stage First Joint Yen Intervention in 15 Years — What It Means for Markets
Markets

US and Japan Stage First Joint Yen Intervention in 15 Years — What It Means for Markets

The US joined Japan to buy yen for the first time since 2011, knocking USD/JPY from a 40-year high of 163.99 to around 1...

Yael Ben-David 👁 57 💬 0
CAC 40 Flat as Markets Await US CPI, Iran Rhetoric Hardens
Markets

CAC 40 Flat as Markets Await US CPI, Iran Rhetoric Hardens

European stocks are expected to open near flat as investors digest a weak US jobs report that cut September rate hike od...

Yael Ben-David 👁 35 💬 0
Ibex Hesitates at Highs as Markets Digest Jobs Shock and Await US Inflation Data
Markets

Ibex Hesitates at Highs as Markets Digest Jobs Shock and Await US Inflation Data

Unexpected US job losses cut the odds of a September Federal Reserve rate hike in half, propelling Wall Street but leavi...

Yael Ben-David 👁 39 💬 0
Global Markets Cap a Historic Week at Record Highs as Geopolitical Optimism and Rate Hopes Converge
Markets

Global Markets Cap a Historic Week at Record Highs as Geopolitical Optimism and Rate Hopes Converge

Stock indices from Madrid to New York set fresh records after a dramatic shift from fear to euphoria, powered by US–Iran...

Yael Ben-David 👁 43 💬 0
US Stocks Climb Record Peaks as Broad Profit Surge Silences Doubters — For Now
Markets

US Stocks Climb Record Peaks as Broad Profit Surge Silences Doubters — For Now

S&P 500 earnings jumped 47% in Q2, with growth spreading far beyond tech. Yet surging long-term yields, a pivotal Fed de...

Yael Ben-David 👁 31 💬 0
Gold Surges 2.7% to $4,415 After Weak US Payrolls Erode Rate Hike Bets
Markets

Gold Surges 2.7% to $4,415 After Weak US Payrolls Erode Rate Hike Bets

A sharp drop in US employment growth sent gold and silver soaring on Friday, with bullion heading for its best weekly ga...

Yael Ben-David 👁 51 💬 0
July Jobs Shock Erases September Rate Hike Bets, Ignites Stock Rally
Economy

July Jobs Shock Erases September Rate Hike Bets, Ignites Stock Rally

The U.S. economy unexpectedly lost 23,000 jobs in July, far below forecasts of an 83,000 gain, leading traders to abando...

Niamh O'Sullivan 👁 52 💬 0
UBS Forecasts Gold Could Hit $5,000 per Ounce by Mid-2027
Markets

UBS Forecasts Gold Could Hit $5,000 per Ounce by Mid-2027

The Swiss bank expects falling real yields and a weaker dollar to propel bullion higher, but warns of near-term volatili...

Yael Ben-David 👁 31 💬 0
Why Fed Chair Warsh’s Silence Is Stirring Bond Market Uncertainty
Economy

Why Fed Chair Warsh’s Silence Is Stirring Bond Market Uncertainty

Kevin Warsh’s break from a decade of verbose Fed communication has markets bracing for more interest-rate volatility. Bu...

Niamh O'Sullivan 👁 63 💬 0
US Treasury Yields Hold Steady as Markets Brace for July Jobs Report
Markets

US Treasury Yields Hold Steady as Markets Brace for July Jobs Report

Yields on 2-, 10-, and 30-year Treasuries were little changed early Friday as traders awaited nonfarm payrolls data, exp...

Yael Ben-David 👁 35 💬 0
Gold Soars Past $4,300 as UBS Sees ‘Buy-on-Dips’ Case, BCA Flags More Records
Markets

Gold Soars Past $4,300 as UBS Sees ‘Buy-on-Dips’ Case, BCA Flags More Records

Gold surged 6% this week to break above $4,250, reversing a 30% correction from January’s peak. UBS says falling real yi...

Yael Ben-David 👁 37 💬 0
TSX, U.S. Indices Rally as Divergent Jobs Data Reshapes Rate Bets
Markets

TSX, U.S. Indices Rally as Divergent Jobs Data Reshapes Rate Bets

Canada added 75,000 jobs in July, smashing forecasts, while U.S. payrolls unexpectedly shrank, sending gold up US$100 an...

Yael Ben-David 👁 31 💬 0
Gold Breaks Out Above $4,300 as Hormuz Accord Tames Inflation Fears
Markets

Gold Breaks Out Above $4,300 as Hormuz Accord Tames Inflation Fears

Gold surged more than 4% to top $4,300 an ounce after an Iran-Oman deal over the Strait of Hormuz promised to unclog oil...

Yael Ben-David 👁 49 💬 0
Ibex 35 Record Streak Hinges on US Payrolls as Oil Climbs
Markets

Ibex 35 Record Streak Hinges on US Payrolls as Oil Climbs

Spain's benchmark index nears a pivotal moment as the US releases monthly employment figures; a surprise could snap its ...

Yael Ben-David 👁 30 💬 0
Fed's Cook Warns She's Prepared to Hike Rates if Inflation Stays High
Economy

Fed's Cook Warns She's Prepared to Hike Rates if Inflation Stays High

Federal Reserve Governor Lisa Cook said inflation at 3.7% is far above target and the balance of risks has shifted towar...

Niamh O'Sullivan 👁 34 💬 0
Global Equities Hit Record Highs as Economic Strength and Earnings Overpower Oil Fears
Markets

Global Equities Hit Record Highs as Economic Strength and Earnings Overpower Oil Fears

The MSCI All Country World Index and European benchmarks, including Spain’s IBEX 35 above 20,000, are setting records as...

Yael Ben-David 👁 42 💬 0
Musk sees AI deflation; the bond market sees inflation — and distrusts the Fed
Economy

Musk sees AI deflation; the bond market sees inflation — and distrusts the Fed

Elon Musk predicts AI-driven deflation will make money almost worthless; markets are instead pricing higher inflation an...

Niamh O'Sullivan 👁 33 💬 0
Gold Edges Higher as US Jobs Data, Fed Rate Path Take Centre Stage
Markets

Gold Edges Higher as US Jobs Data, Fed Rate Path Take Centre Stage

Gold ticked up to $4,062 as traders braced for US labor data that could sway the Fed's September decision, with Iran ten...

Yael Ben-David 👁 59 💬 0