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Stock Market Today: Dow Up, Big Tech Falls Amid These Rate Hike Calls; This AI Stock Tests Entry (Live Coverage)
The Dow Jones index rises as Treasury Secretary Scott Bessent makes an Iran move. Microsoft falls on...
U.S. Airlines Set To Pocket $40 Billion As Jet Fuel Prices Crash
U.S. airlines stand to save billions in dollars on jet fuel costs after the US-Iran peace deal sent ...
Pound Sterling slipped after hot US CPI with PPI still ahead
GBP/USD lost about 0.7% on Tuesday, sliding from prior session highs near 1.3650 to test the 1.3500 round figure before a modest late-session rebound.
USD/JPY Price Forecast: Bulls move in as pair bounces toward 158.00
USD/JPY recovers some ground and rallies towards a daily four-day high near 157.80 as traders digest comments from US Treasury Secretary Scott Bessent on undesirable volatility in the FX space, prompt ...
Malaysian Ringgit: Range holds as Malaysia outperforms – Commerzbank
Commerzbank strategists note that USD/MYR has remained in a 3.90–4.05 range since the Middle East conflict began. Malaysia’s March industrial production grew 3.1% year-on-year, supported by strong man ...
Silver Price Forecast: Bulls eye $90.00 as momentum surges
Silver price steadies following Monday’s advance of over 7%; gains 0.69% and trades at $86.58 after bouncing off daily lows of $83.05 at the time of writing.
Taiwan: Mild tightening path revised – DBS
DBS' Senior Economist Ma Tieying revises her Taiwan policy rate outlook after upgrading 2026 Gross Domestic Product (GDP) and Consumer Price Index (CPI) forecasts. She now expects a 12.5bps hike in 3Q ...
Forex Today: Hot US CPI boosts US Dollar as Treasury yields climb
The US Dollar Index (DXY) rallied toward the 98.30 region on Tuesday as hotter-than-expected United States (US) inflation data boosted Treasury yields and reinforced expectations that the Federal Rese ...
Fed: Neutral stance as inflation stabilizes – TD Securities
TD Securities economists judge that April Consumer Price Index (CPI) strength was driven by shelter and energy, but see core Personal Consumption Expenditures (PCE) Price Index running softer than CPI ...
Malaysian Ringgit: Appreciation trend against US Dollar intact – MUFG
MUFG’s Lloyd Chan notes that USD/MYR has broken lower and remains constructive on the Ringgit, expecting fundamentals to support Ringgit appreciation over the next 12 months.
Gold price sinks as hot CPI, Oil surge crush Fed cut bets
Gold (XAU/USD) price falls more than 1% on Tuesday as US inflation came in hotter than expected, prompting investors to price out Federal Reserve (Fed) rate cuts in 2026. The XAU/USD pair trades at $4 ...
ECB's Nagel: We still have quite a bit of inflation ahead of us.
Joachim Nagel, President of the Bundesbank and member of the European Central Bank (ECB), told Handelsblatt on Tuesday that ECB rate hikes are becoming increasingly likely with the high inflation that ...
US Dollar Index jumps after hot US CPI data reinforces hawkish Fed outlook
The US Dollar Index (DXY), which tracks the Greenback’s value against a basket of six major currencies, climbs to a five-day high on Tuesday as stronger-than-expected US inflation data bolsters the ha ...
Warsh for Fed Board squeaks through Senate 51-45, Fed Chair vote on deck for Wednesday
Kevin Warsh squeaked through the Senate 51-45 on Tuesday to claim a seat on the Federal Reserve (Fed) Board of Governors, with the separate vote to confirm him as Fed Chair scheduled for Wednesday and ...