Wall Street jumped on Monday as broad-based technology sector gains successfully counterbalanced a pullback in market heavyweight Nvidia. Corporate commentary on inflation across S&P 500 earnings calls has surged to a multi-year peak. This spike underscores corporate anxiety regarding sticky inp

The dollar surged to a 19-month high on Thursday on Fed rate-hike bets, pushing the yen toward the key 160 level. Some major brokerages expect another hike early next year, in addition to one in December. Leading currency diplomat, Atsushi Mimura, issued a warning as the yen approached the key thres

Wall Street analysts expect the Treasury to brush against its $41.1 trillion borrowing cap as soon as February, forcing the government to rely on temporary accounting tricks before a potential cash crisis arrives later in 2027. The US government is less than $800 billion shy of its $41.1 trillion bo

Gold is establishing a price floor near $4,000 an ounce following a stronger-than-anticipated U.S. CPI report. The precious metal is consolidating its value as markets react to the hotter-than-forecast inflation data. Goldman Sachs revised its gold price projections downward for late 2026 and 2027,

Brazilian financial assets suffered a historic selloff on Monday as markets reeled from President Luiz Inácio Lula da Silva's unexpected comeback victory in the presidential runoff election. He overcame a surprise first-round deficit from earlier this month to defeat right-wing challenger Flávio Bol

The FTSE China A50 Index opened higher on Monday after a volatile week. Tech-focused Asian markets suffered their worst drops in years, driven by semiconductor demand worries. Chinese equities rallied on anticipated liquidity injections following a meeting between the central bank and financial inst

Money managers' stock exposure dropped to a low level, while quant funds continued to snap up stocks. The gap between the two hit the second-widest since 2020 in mid-October, data compiled by Deutsche Bank AG show. Apparently money managers emerge victorious, with the S&P 500 (SPXUSD) down signi

The British pound dipped on Friday as a steep drop in American stocks led investors to seek safety in haven assets, pulling Treasury yields down just before the release of the key US jobs report. Traders ramped up bets on future UK rate hikes after the BOE issued its first rate increase since 2023 a

Oil prices extended sharp declines Thursday after Vice President JD Vance distanced himself from Trump's war on Iran. He questioned its worth and blamed it for the sweeping midterm rout. Oil prices surged as the market braced for a major post-election escalation, but fears eased after Trump told the

The New Zealand dollar struggled Thursday after the Fed kept rates unchanged as anticipated, though signalling that future cuts depend on inflation data left the market outlook unclear. The currency fell sharply after the RBNZ unexpectedly held key interest rate steady. Markets had almost fully pric

The euro steadied Tuesday following the decision by Fitch to revise France's credit outlook to negative from stable, citing worsening debt dynamics. While Eurozone manufacturing remained resilient in October, growth moderated due to softer demand for new orders alongside escalating costs and supply

Economists warn that high inflation will stretch deep into next year. These experts are growing more anxious that broad price pressures will solidify, expanding far past the initial energy cost spikes triggered by the Middle East conflict. While most central banks have implemented minimal or no inte

The Australian dollar increased on Wednesday as investors anticipated the outcome of the US midterm elections and positioned for a potential Democratic sweep. The RBA raised its benchmark cash rate by 25 bps to the highest level since November 2008. The move had been fully priced in, and marked its