The Latest Breaking News from US Federal Reserve

Dollar Slips on Weaker-Than-Expected US Economic News

The dollar index (DXY00 ) is down by -0.04% today. The dollar gave up an early advance today and turned lower on weaker-than-expected US economic news, including July new home sales and Aug consumer confidence. Also, WTI crude oil plunged -3% to a 1-week low today, lowering inflation expectations and...

Barchart · Aug 25

US Markets Today: US stocks rebound on tech recovery ahead of Nvidia earnings, inflation data

US stocks rose on Tuesday as technology shares rebounded ahead of Nvidia’s quarterly results and key US inflation data. The Nasdaq led gains, while chipmakers Intel, Micron and AMD advanced. Investors also tracked Treasury yields, Iran tensions and Federal Reserve policy ahead of the PCE inflation report and Jackson Hole…

The Economic Times · Aug 25

NatWest to boost presence in US after ring-fencing rules eased

The application for a representative office in the US followed changes to the UK’s ring-fencing rules.

Evening Standard · Aug 25

Global Market: Japanese bond yields edge higher as US Treasury yields, oil prices rise

Japanese government bond yields edged higher on Tuesday, tracking a rise in US Treasury yields and recovering oil prices. Investors remained cautious ahead of key comments from Bank of Japan Deputy Governor Ryozo Himino and Federal Reserve Chairman Kevin Warsh, with markets seeking clues on the outlook for interest rates…

The Economic Times · Aug 25

Global market: Mainland China stocks slip as metal shares drop, investors await Jackson Hole cues

Mainland Chinese stocks declined, led by non-ferrous metals, amid Middle East tensions and caution ahead of Jackson Hole. Investors await Fed Chair Kevin Warsh’s remarks for policy clues, while Hong Kong equities also fell. Unitree’s sharp post-IPO decline raised valuation concerns, though Morgan Stanley expects potential catalysts from September.

The Economic Times · Aug 25

Gold prices fall after 4 days; silver dips Rs 4,300/kg ahead of inflation data, Warsh speech at Jackson Hole

Gold and silver prices opened lower on the MCX on Tuesday as investors awaited key US inflation data and Federal Reserve Chair Kevin Warsh’s speech at Jackson Hole later this week. Gold had rallied sharply last week on concerns over currency debasement, while silver has declined for two straight sessions.…

The Economic Times · Aug 25

Dollar struggles for traction as markets weigh Iran sanctions, Treasury buybacks

On Tuesday, the U.S. dollar showed weakness against key currencies as investors reacted to new sanctions on Iran and attempts to reduce Treasury yields. The euro and pound both saw minor increases, approaching their recent highs. Additionally, Bitcoin enjoyed a notable weekly surge, bolstering its upward trajectory. Market watchers are…

The Economic Times · Aug 25

Gold touches highest level since mid-May as buying momentum builds

Gold prices experienced an uptick on Tuesday, fueled by news of Treasury buybacks. The market's focus is now on significant U.S. inflation data and a forthcoming address from the Fed Chair. Analysts are eager for indications regarding interest rates and bond yields. Citi has upgraded its gold price projections, suggesting…

The Economic Times · Aug 25

Global Market Today: Asian stocks dip after US tech selloff, gold gains

Asian markets followed Wall Street's downward trend as caution in technology stocks seeped into trading. Meanwhile, gold prices soared for the fifth day straight, hitting impressive highs. Investors are on the edge of their seats awaiting Nvidia's earnings announcement, which is expected to sway market sentiment. Federal Reserve Chair Kevin…

The Economic Times · Aug 25

Treasuries Have Reclaimed the Yield Crown From Dividend Stocks. Here’s How Income Investors Can Adapt.

Treasuries have reclaimed the yield advantage, with fewer than 4% of S&P 500 stocks now yielding more than the 10-year Treasury (near 4.69%), compared with nearly 63% a decade ago.

Barchart · Aug 24