US Inflation Eases to 3.4% as Fuel Prices Cloud the Fed's Next Move
Economy

US Inflation Eases to 3.4% as Fuel Prices Cloud the Fed's Next Move

July CPI cooled to 3.4% and core inflation slipped to 2.5%, but rising gasoline prices and sticky services costs leave t...

Niamh O'Sullivan 👁 65 💬 0
Dollar Holds at 99.88 as Markets Await US CPI, Yen Slips to 159.41 Despite Intervention
Markets

Dollar Holds at 99.88 as Markets Await US CPI, Yen Slips to 159.41 Despite Intervention

Forex markets are frozen around a steady dollar index as traders wait for Wednesday's US CPI. The yen is the weak except...

Yael Ben-David 👁 56 💬 0
Wall Street futures edge higher as oil drops before July PPI and Fed clues
Markets

Wall Street futures edge higher as oil drops before July PPI and Fed clues

U.S. stock futures nudged up Thursday while Brent crude fell 1.9%. Investors await July producer prices and Fed speakers...

Yael Ben-David 👁 52 💬 0
Dollar Steadies Below 100 as Traders Await US Inflation Test
Markets

Dollar Steadies Below 100 as Traders Await US Inflation Test

Foreign exchange markets are in a deceptive calm before Wednesday’s US CPI release, with the yen at a monthly low despit...

Yael Ben-David 👁 66 💬 0
Gold Retreats 1% from Two-Month High as Soft U.S. CPI Cools Fed Hike Bets
Markets

Gold Retreats 1% from Two-Month High as Soft U.S. CPI Cools Fed Hike Bets

Gold reversed from its highest level since June after lower-than-expected U.S. inflation reduced expectations for near-t...

Yael Ben-David 👁 71 💬 0
Fed September Hike Bets Cool as BOJ Wagers Heat Up
Markets

Fed September Hike Bets Cool as BOJ Wagers Heat Up

US rate expectations eased after in-line CPI and soft payrolls, while Japan's 7.2% wholesale inflation revived BOJ hike ...

Yael Ben-David 👁 85 💬 0
Gold's $300 Weekly Rally: Weak US Jobs Data, Not Geopolitics, Drove the Turn
Markets

Gold's $300 Weekly Rally: Weak US Jobs Data, Not Geopolitics, Drove the Turn

Gold climbed almost $300 to above $4,340/oz in a week as a shock US payrolls loss cut September Fed rate-hike odds from ...

Yael Ben-David 👁 60 💬 0
Oil and Gold Rise as Red Sea Attacks and US CPI Loom
Markets

Oil and Gold Rise as Red Sea Attacks and US CPI Loom

Brent extended its rally to a sixth day and gold climbed, while markets braced for a US inflation report that may decide...

Yael Ben-David 👁 54 💬 0
US Inflation Eases to 3.4% in July as Oil Prices Retreat
Economy

US Inflation Eases to 3.4% in July as Oil Prices Retreat

Lower oil prices helped US consumer inflation ease to 3.4% in July, matching forecasts, but AI-driven computing demand i...

Niamh O'Sullivan 👁 60 💬 0
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 👁 98 💬 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 👁 62 💬 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 👁 56 💬 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 👁 63 💬 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 👁 71 💬 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 👁 79 💬 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 👁 72 💬 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 👁 60 💬 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 👁 58 💬 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 👁 66 💬 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 👁 62 💬 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 👁 60 💬 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 👁 77 💬 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 👁 48 💬 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 👁 48 💬 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 👁 60 💬 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 👁 43 💬 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 👁 62 💬 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 👁 70 💬 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 👁 55 💬 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 👁 90 💬 0