Yuan Strengthens on Pledged Policy Support, Sterling Rebounds Ahead of Central Bank Meetings
China’s yuan strengthens as leaders promise policy support, while euro and sterling stabilize ahead of central bank meetings.
Federal Reserve
European Stock Markets Await Corporate Earnings and Central Bank Meetings
European stock markets open slightly lower as investors anticipate corporate earnings and updates from the Federal Reserve and European Central Bank.
“India’s Rupee Strengthens Against the US Dollar Amid Fed’s Uncertain Outlook”
The Indian rupee is gaining ground against the US dollar, driven by the uncertain stance of the Federal Reserve and falling crude oil prices.
Economist Peter Schiff Predicts Dollar Index Drop Could Propel Oil Prices Above $100
Economist Peter Schiff anticipates a potential decline in the dollar index, which could result in oil prices surging above $100.
US Stock Market Mixed on Rising Treasury Yields, Alibaba and Lyft Stocks Surge
US stock market saw a mixed trend as Treasury yields rose, impacting tech and growth stocks. Alibaba and Lyft stocks surged while gold and oil had mixed performance.
Gold Prices Surge Amidst Global Economic Uncertainty
Gold prices rise as investors seek safe-haven assets and hedge against market uncertainty. Bitcoin and Ethereum also increase in value.
Rick Rieder predicts Fed may raise rates to 6%, leading to stock market decline
BlackRock’s Rick Rieder predicts Fed may raise rates to 6%, leading to stock market decline. Powell warns against premature loosening.
Nasdaq Futures Indicate Subdued Start for Wall Street This Week
Nasdaq Futures are indicating a subdued start for Wall Street this week, with the SPDR S&P 500 ETF Trust and the Invesco QQQ Trust Series 1 down in pre-market trading.
3 Little-Known Facts About Federal Reserve Chairman Jerome Powell
Jerome Powell, the current Federal Reserve Chairman, has overseen a period of growth in the stock market despite volatile economic events.
Precious Metals Under Pressure: How Rising Treasury Yields Are Affecting Gold, Silver, and Platinum
Get the latest update on the precious metals market as gold, silver, and platinum face pressure due to rising Treasury yields and a strong U.S. dollar.
