Chairman Powell reiterates that the Fed is on hold for the long haul
The Fed chair testified to the US Congress today, as part of his semi-annual testimony to US lawmakers. Powell said that the US economy was strong, that...
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Market news
The Fed chair testified to the US Congress today, as part of his semi-annual testimony to US lawmakers. Powell said that the US economy was strong, that the labour market remains solid, and that inflation is easing, but remains above the 2% target rate. Powell also justified the Fed’s stance by...
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Donald Trump is adding another brick to the rising trade barriers. The U.S. president imposed 25 percent tariffs on all steel and aluminum imports to the U.S. on Monday night, putting a question mark over extractive industry activity in his key economic partners. Tariffs on strategic industrial materials...
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Markets waver, as Trump’s tariff threats fail to dent market sentiment Global stock markets brushed off tariff fears on Monday, however, as 25% levies on imports of steel and aluminum came into force late Monday night, which included steel and aluminum finished products, futures markets started...
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The Fed chair testified to the US Congress today, as part of his semi-annual testimony to US lawmakers. Powell said that the US economy was strong, that...
US markets showed mixed performance as Powell testified, with Dow Jones Industrial Average flat, S&P 500 0.16% in red and Nasdaq 100 down 0.3%....
Intel's stock demonstrated significant momentum following Vice President JD Vance's comments about domestic chip manufacturing at the AI Action...
Tech giant's stock climbs 3% as it tackles Chinese market challenges and expands product line. AI Collaboration in China Apple...
The financial world turned its attention to Federal Reserve Chair Jerome Powell as he delivered his semiannual monetary policy report to Congress. This...
Coca-Cola (KO.US) reported its 4Q24 results today. One of the largest producers of soft drinks broke its negative streak from the previous quarter by reporting...
01:30 PM GMT, Canada - Building Permits for December: actual 11% vs forecast 1.4% MoM; previous -5.9% MoM;
Donald Trump is adding another brick to the rising trade barriers. The U.S. president imposed 25 percent tariffs on all steel and aluminum imports to the...
Antipodean currencies are subject to slightly higher volatility than usual today due to a number of updates on steel and aluminum tariffs that the new...
Futures point to a lower opening in today's European cash session Powell's testimony in Congress and Trump's possible comments in focus...
Markets waver, as Trump’s tariff threats fail to dent market sentiment Global stock markets brushed off tariff fears on Monday, however, as 25%...
Tuesday's session on Asian markets saw relatively small declines in most stock indexes. Weaker sentiment is seen primarily in China, where the CH50Cash...
American indices are opening the new week bullishly, mainly driven by technology companies, particularly the semiconductor sector. S&P500 is...
Merck KGaA (MRCG.DE), the German healthcare and technology company, is in advanced negotiations to acquire U.S.-based Springworks Therapeutics (SWTX.US),...
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