The Latest Breaking News from US Federal Reserve

The dollar index (DXY00 ) Wednesday fell by -0.51% and posted a 3-3/4 month low. The dollar is under pressure after US presidential candidate Trump said the recent strength of the dollar had hurt American competitiveness and that the weakness of the yen and yuan was a trading advantage for...

Amid global economic uncertainties, major U.S. banks like JPMorgan (JPM), Wells Fargo & Company (WFC), and PNC Financial Services (PNC) have defied expectations with strong revenue and earnings reports for the second quarter. Considering their robust performance, investing in these stocks could offer stable returns to your portfolio. Read more….

The S&P 500 Index ($SPX ) (SPY ) today is down -0.89%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.17%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -1.70%. Stock indexes today are mixed, with the Dow Jones Industrials posting a new record...

Gold pushed to a new record of $2,482.42 an ounce, rising past its previous record of $2,450.07 reached in May thanks to rate-cut expectations, before easing slightly.

September S&P 500 E-Mini futures (ESU24) are down -0.79%, and September Nasdaq 100 E-Mini futures (NQU24) are down -1.22% this morning as concerns over stricter U.S. restrictions on Chinese trade and semiconductor technology weighed on sentiment, while investors awaited a fresh batch of U.S. economic data and the next round…

Asian stocks show mixed performance with anticipation of a Fed rate cut. Markets react to various factors including currency interventions, record highs, a...

Asian stocks are mostly lower even as investors wager that the Federal Reserve will come ahead with a cut to interest rates, while Australia's benchmark hit a new record

In an interview with Bloomberg, Trump says he would consider JPMorgan CEO Jamie Dimon for the position of treasury secretary

Equities and the dollar were rangebound Wednesday while gold hit a fresh record as expectations for a US interest rate cut played up against the prospect of another Donald Trump presidency that analysts say could see inflation-fuelling tax cuts and tariffs.