Bitcoin drops 7.3% since Trump’s inauguration amid weak sentiment
Bitcoin slipped 0.8% to $96,197 on Monday, extending its 7.3% decline since Trump’s inauguration as investors watch for...
Tag : Federal Reserve
U.S. Treasury yields drop despite stronger-than-expected inflation data
Treasury yields declined despite inflation data exceeding forecasts. Investors focused on upcoming Fed signals as markets awaited the...
Wall Street tumbles as CPI report dampens interest rate optimism
U.S. stocks tumbled Wednesday after inflation data exceeded forecasts, raising fears of delayed rate cuts. The CPI report...
Powell signals willingness to review crypto debanking in Senate hearing
Federal Reserve Chair Jerome Powell said banking regulations should be reassessed to ensure they do not unfairly exclude...
US job growth surges in September as economy adds 254,000 jobs
The US economy added 254,000 jobs in September, beating projections of 140,000. The unemployment rate dipped to 4.1%,...
Fed Chair Powell signals smaller rate cuts to keep economy in solid shape
Federal Reserve Chair Jerome Powell emphasized a cautious approach to future rate cuts, noting that the Fed will...
Gold price hits new all-time high amid macro uncertainties
Gold hits a record high at USD 2,607/oz, reflecting over 25% gains YTD, driven by geopolitical tensions, USD...
Fed cuts rates by half point amid slowing job gains
The Federal Reserve cut rates by half a percentage point Wednesday, its first move since the Covid pandemic,...
Chinese Yuan hits record lows against surging US dollar
The yuan has hit new record lows against the surging US dollar, with the internationally-traded yuan reaching its...
Gold prices hold steady near one-year high as Fed rate pause looms
Gold prices remained close to one-year highs on Friday, fueled by recent US economic data that suggested the...