A Senate committee voted in favor of Stephen Moore's nomination to the Federal Reserve Board, sparking debate over central bank independence and the influence of the US administration on monetary policy.
Wall Street anticipates a hotter-than-expected CPI report, but muted stock market volatility due to the focus on the labor market. Market expectations and their potential impact on Fed policy are analyzed.
A drop in the US Producer Price Index (PPI) for August suggests easing inflationary pressures, increasing the likelihood of the Federal Reserve considering interest rate cuts in the near future. Financial markets are reacting positively to this data.
Tensions escalate after an Israeli strike in Qatar targeting Hamas leaders, amid international concerns about the future of peace efforts in Gaza.
The cryptocurrency market is witnessing a significant development with the launch of the first meme coin ETF in the United States. This fund focuses on Dogecoin and opens the door to new institutional investments in this type of digital asset.
The President of the European Commission is proposing new sanctions against Israel due to the humanitarian situation in Gaza, but the decision faces opposition from some member states.
A senior portfolio manager at Invesco anticipates further weakness in the US dollar, attributing it to the Federal Reserve's monetary policy and potential interest rate cuts.
World Index Today: In today's trading session, global stock indices have shown varied performances, reflecting a mix of investor sentiment and economic indicators.
The US is bracing for the release of revised employment data, with expectations of a significant downward adjustment. This report is poised to impact the political and economic discourse, particularly regarding the economic legacies of Trump and Biden, and the Federal Reserve's decisions.
The Euro is gaining ground against the Dollar amid expectations of diverging monetary policies between the Fed and ECB, despite political turmoil in France. Weak US economic data supports this trend.
French President Emmanuel Macron faces a crucial decision in selecting the next Prime Minister. This article explores the available options from various political backgrounds, analyzing the challenges and opportunities each candidate presents.
Despite recent political shifts, the Bank of Japan is considering another interest rate hike this year, closely monitoring economic data and political developments.
As Russian airstrikes intensify, Ukraine faces a critical shortage of air defense systems due to delayed weapon deliveries from the U.S. and other nations. This shortage threatens Ukraine's ability to protect its infrastructure and cities.
India is gradually reducing its reliance on US Treasury bonds and increasing its gold holdings amidst rising geopolitical tensions and concerns about potential asset freezes.
Australia's Future Fund has reduced its US market exposure due to concerns about volatility and political uncertainty, focusing on other markets like Germany and Japan. The fund is closely monitoring the impact of Trump's pressure on the Federal Reserve's independence.
A projected revision of US job figures is expected to show a greater-than-anticipated slowdown in job growth, potentially influencing the Federal Reserve's interest rate decisions. The article discusses the possible economic and political ramifications of the revision.
The way Trump manages his business empire while in office raises questions about potential conflicts of interest, especially regarding foreign deals and cryptocurrency ventures. This article analyzes these issues.
Treasury Secretary Betsent is carefully trying to avoid the fate of his predecessor, Mnuchin, in the Fed chair selection process, by adopting a cautious approach that balances Trump's demands with ensuring central bank independence.
Expectations point to a significant downward revision in US job growth data, which could influence the Federal Reserve's monetary policy decisions and raise questions about the strength of the labor market.
In just weeks, the Trump family accumulated a billion-dollar fortune from crypto ventures. Explore the family's foray into this new market and the regulatory challenges they face.