Eyes on RBA for rate call hints as jobless numbers rise Higher-than-expected unemployment numbers have raised hopes the central bank will keep interest rates on hold when it next meets. AAP · Oct 18
'Twelve years, 12 questions': Akhilesh Yadav targets Centre on banking problems in India Akhilesh Yadav has posed twelve significant questions to the Centre about the current state of the banking sector. His concerns highlight issues like bank privatisation, high fees, and the challenges faced by customers. He queries the closure of rural branches and the accessibility of loans for young borrowers and small… The Economic Times · Oct 17
Dollar heads for weekly loss as Fed hike bets fade, AI jitters linger This week, the dollar faced a notable drop due to decreased expectations for interest rate increases from the Federal Reserve. Federal officials' remarks have led to steadying Treasury yields, which in turn weakened the dollar's position. Concurrently, the euro and yen gained ground, with the euro nearing a weekly rise.… The Economic Times · Oct 17
Gold set for a weekly drop as traders assess Fed signals Gold prices have held steady this week, though they are set to close lower overall as market participants assess the potential for a Federal Reserve rate hike. Spot gold recorded a modest drop of 0.1%, while futures displayed slight gains amid market hesitance. Discussions among Federal Reserve officials vary regarding… The Economic Times · Oct 17
Global markets: Stocks slip as dollar heads for weekly loss In a week fraught with concerns over escalating interest rates and financial complications tied to AI, global stock indices saw moderate declines. While the S&P 500, Nasdaq, and Dow Jones recorded losses, the Dow managed to post a weekly gain. In contrast, European markets, led by London's FTSE 100, experienced… The Economic Times · Oct 17
US bond 10-year yields suffer biggest weekly drop in over year. Why is treasury note down? US bond yield on the benchmark US 10-year Treasury note was unchanged at 5.087 per cent after earlier rising to 5.1334 per cent. The yield on the 30-year bond rose 0.5 basis point to 5.433 per cent after trading earlier at 5.464 per cent. The Economic Times · Oct 16
Stock Indexes Finish Sharply Lower as Tech Stocks Plunge The S&P 500 Index ($SPX ) (SPY ) closed down by -1.09% on Friday, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down by -0.34%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -2.50%. December E-mini S&P futures (ESZ26 ) fell -1.14%, and December E-mini... Barchart · Oct 16
Dollar Weakens on Reduced Fed Rate Hike Chances This Month The dollar index (DXY00 ) tumbled to a 2-week low on Friday and finished down by -0.19%. The dollar came under pressure Friday after Fed Chair Powell refrained from providing guidance on monetary policy or the economy during a speech at the annual IMF meeting in Bangkok. Mr. Powell’s lack... Barchart · Oct 16
Big US bank stocks head for longest weekly losing streak since 2008 Major US banks are experiencing their longest weekly losing streak since the 2008 financial crisis, driven by mixed quarterly earnings and rising inflation. The KBW Bank Index has fallen about 13% since its August peak, continuing a trend of losses. Concerns about artificial intelligence disrupting financial services contribute to the… The Economic Times · Oct 16
How to Play Unusual Options Activity in 3 Stocks: Kraft Heinz, Eaton, and Ollie’s Bargain Outlet Thursday’s top 10 unusually active options highlighted three complex institutional trades, including bull call spreads and asymmetrical call condors, for Kraft Heinz, Eaton, and Ollie’s Bargain Outlet, against a backdrop of shifting Federal Reserve interest-rate expectations. Barchart · Oct 16
Chip selloff deepens Wall Street losses as doubts grew over AI returns A significant selloff in semiconductor stocks affected major US indexes amid rising concerns regarding AI investment returns. The Nasdaq 100 dropped by 1.8%, continuing its longest losing streak since 2008. Market participants are questioning if AI infrastructure investments will yield profitable returns despite strong demand for chips. Federal Reserve Chairman… The Economic Times · Oct 16
SK hynix Sinks as AI Stocks Pullback Amid Rising Interest Rates. How to Play SKHY Here. SK hynix has dropped 57% from its summer peak as Fed rate hike fears and AI debt worries hit chip stocks. Here is what the selloff means for investors now. Barchart · Oct 16
CoreWeave's CEO sold nearly $1 billion of stock since IPO, filings show The sales began about two months after the stock hit a record high in June 2025. The shares have tumbled since and were on track to lose about 24% this week as investors worried about the Nvidia-backed company's heavy capital spending and the debt needed to fund it amid rising… The Economic Times · Oct 16
The Guardian view on the banks: too big to fail cannot mean too big to tax Editorial: Financiers owe their windfalls and bonuses to higher interest rates. Britain should reclaim more for the public and resist City lobbying The Guardian - UK · Oct 16
Barchart · Oct 16 Where Is the Stock Market Heading in the Final Months of 2026? U.S. Stocks are higher in 2026, and one more than one event during the final quarter could cause significant volatility. The stock market remains in a bullish trend, but even the most aggressive bull markets rarely move in straight lines.
Barchart · Oct 16 Stock Indexes Mostly Lower as Chipmaker Weakness Persists The S&P 500 Index ($SPX ) (SPY ) is down by -0.06% today, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up by +0.44%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.96%. December E-mini S&P futures (ESZ26 ) are down -0.10%, and December E-mini...
Barchart · Oct 16 Dollar Pressured as Fed Chair Powell Refrains from Forward Guidance The dollar index (DXY00 ) tumbled to a 2-week low today and is down by -0.34%. The dollar came under pressure today after Fed Chair Powell refrained from providing guidance on monetary policy or the economy during a speech at the annual IMF meeting in Bangkok. Mr. Powell’s lack of...
Barchart · Oct 16 Stocks are Mixed on Rotation Out of Chipmakers and AI Stocks The S&P 500 Index ($SPX ) (SPY ) is up by +0.03% today, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up by +0.65%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.82%. December E-mini S&P futures (ESZ26 ) are up +0.05%, and December E-mini...
The Economic Times · Oct 16 US stocks: S&P 500 muted as AI concerns hit chip stocks; bank gains lift Dow The S&P 500 showed little movement as semiconductor stocks decreased due to AI-related concerns and market pressures. Gains in banking stocks such as Goldman Sachs and JPMorgan Chase helped offset broader losses on the index. Concerns about debts of companies like CoreWeave intensified following steep declines in AI stocks. Additionally,…
The Economic Times · Oct 16 Bitcoin rebounds to $82,000 after briefly falling below $80,000 as inflation fears trigger $950 million in liquidations Bitcoin recovered above $82,000 after briefly falling below $80,000 as hotter-than-expected US producer inflation intensified concerns over Federal Reserve rate hikes. Nearly $950 million in leveraged positions were liquidated, while spot Bitcoin ETFs recorded $261 million in outflows.
Euronews · Oct 16 Fed’s Warsh sees AI boosting productivity but gives no signal on next rate hike US Federal Reserve Chairman Kevin Warsh said in Bangkok on Friday that the global economy has proved surprisingly resilient and called AI the most consequential change of his lifetime, but gave no hint on interest rates ahead of the Fed’s meeting this month.
The Economic Times · Oct 16 SBI increases home loan rates: How your Rs 30 lakh to Rs 1 crore home loan EMIs can be impacted; see calculations In response to a recent 25 bps hike, the State Bank of India has updated its home loan interest rates. Those linked to the External Benchmark Linked Rate will need to revise their equated monthly installments. Borrowers can mitigate the impact through options like adjusting EMIs or extending the loan…
The Economic Times · Oct 16 BoE's Bailey says energy price pass-through remains limited, rate risks persist Bank of England Governor Andrew Bailey said rising energy prices have had limited broader inflationary effects so far, but warned that second-round pressures remain uncertain. With inflation at 3.1%, above the 2% target, policymakers are weighing potential interest rate hikes against economic resilience, rising borrowing costs and geopolitical uncertainty.
The Independent UK · Oct 16 Americans face another painful blow to mortgages and credit cards as Fed signals more interest rate hikes U.S. Federal Reserve Chairman Kevin Warsh says he won't prejudge what the U.S. central bank will do about interest rates at its upcoming meetings
The Economic Times · Oct 16 US Market: Fed Chair Warsh offers no signal on October interest-rate decision Federal Reserve Chair Kevin Warsh gave no signal on whether the US central bank would change interest rates at its October 27-28 meeting, reiterating its commitment to price stability. Markets await further clues from economic data and policymakers on the rate outlook.