Federal Reserve
EUR/USD rallies as dollar's exceptional strength wanes
Euro gains ground as broad dollar weakness reduces the currency's dominance, with EUR/USD approaching key resistance levels.
Citi expects Fed to hold rates steady in September after inflation data
Analysts at Citi cite recent inflation readings as key factor in likely policy pause next month.
U.S. dollar weakens amid mixed economic signals
Dollar index declines as traders reassess Fed policy outlook after mixed U.S. data. Focus shifts to upcoming inflation and jobs reports for direction.
EUR/USD nears 1.1560 resistance after ECB-Fed policy divergence
Euro gains ground as ECB signals cautious rate path while Fed signals potential cuts. Traders eye 1.1560 level as key technical barrier.
U.S. 30-year bond yields hit 25-year high as inflation concerns weigh
Long-term borrowing costs surge to levels last seen in 2001 amid persistent inflation uncertainty and elevated government debt supply. Treasury auctions remain well-covered despite rising yields.
U.S. inflation proves stickier than July CPI suggests, analysts warn
Underlying price pressures remain elevated despite a mild July CPI reading, raising concerns over the Federal Reserve's policy path. Bitcoin's volatility reflects shifting market expectations.
U.S. budget deficit hits $1.8 trillion in first 10 months of fiscal 2024
Deficit widens as spending outpaces revenue, driven by interest costs and defense allocations. Fiscal year ends Sept. 30.
U.S. budget deficit widens beyond forecasts in latest data
Shortfall exceeds projections as spending outpaces revenue, raising fiscal concerns amid economic uncertainty.
Euro zone bond yields fall as U.S. inflation cools in July
German 10-year Bund yield drops to two-week low as softer U.S. CPI data fuels bets on global rate cuts.
S&P 500, Nasdaq rise after inflation data, strong earnings
U.S. equities advanced as softer-than-expected inflation data and upbeat corporate earnings outweighed growth concerns. The Dow Jones Industrial Average lagged.
Euro zone bond yields dip after softer U.S. inflation data
German 10-year Bund yields fell below 2.5% as cooler-than-expected U.S. CPI reading boosted demand for core euro zone debt.
US CPI data looms as Fed rate decision nears
Consumer prices report may determine whether the Federal Reserve delivers a rate hike next month. Economists expect modest inflation cooling.
U.S. 10-year yield hits 2024 high as long bond demand weakens
Benchmark Treasury yield rises above 4.5% as investors reassess demand for long-duration debt amid shifting rate expectations.
U.S. CPI data may fuel dovish Fed expectations
Wednesday's inflation print could shift market bets on Federal Reserve policy, with softer-than-expected data potentially accelerating rate-cut timelines.
U.S. CPI report due Wednesday: Key data points to watch
Consumer prices data for July is set for release on Wednesday, with markets focused on core inflation, shelter costs and wage-price dynamics. Analysts expect a modest slowdown.