Gold prices hold steady as traders await crucial US jobs data that could influence the Federal Reserve’s rate decisions Gold Steady After Two-Day Gain Ahead of Key US Economic Data Singapore: Gold is holding its ground after a two-day rise. Traders are keeping a close eye on the upcoming jobs report that could sway the…
Minutes from a recent meeting reveal worries among Fed officials about inflation progress US Fed Officials Express Concerns Over Stalled Disinflation Efforts New York: So, it turns out that some bigwigs at the Federal Reserve are feeling a bit uneasy. They think the fight against inflation has hit a snag recently. This came out in…
Wholesale inventories in the U.S. remained unchanged at a 0.2% drop in November, reflecting declines in durable goods like vehicles and computers US Wholesale Inventories Drop Unchanged at 0.2% in November Washington: So, the latest news is that U.S. wholesale inventories took a little dip in November, staying at a 0.2% drop just like they…
Bond yields are rising, raising concerns about potential declines in stock markets as history suggests a troubling pattern Last Time Bond Yields Surged Like This, Stock Markets Sank New York: So, here’s the scoop. Bond yields are climbing, and that’s got folks worried about the stock market. It’s kind of a déjà vu moment, right?…
Asian markets fell as the dollar strengthened, driven by expectations of slow US rate cuts amid stable economic data Asian Stocks Slip as Dollar Gains Strength from US Rate Outlook Singapore: So, the Asian stock markets took a bit of a hit recently. The dollar is getting stronger, and it’s all tied to what’s happening…
Oil prices increased again as a report indicated a decline in US stockpiles, signaling tighter supply and rising demand for heating fuel Oil Prices Climb for Second Day Amid Reports of Falling US Stockpiles New York: Oil prices are on the rise again. They went up for the second day in a row after a…
A tech industry group warns that new rules could harm US AI leadership and global market access Tech Group Calls on US to Halt AI Chip Access Limitation Rule Washington: A tech group is sounding the alarm about a new rule that could limit access to AI chips. They’re worried it might hurt the U.S.’s…
Global debt markets are seeing a surge in borrowing as investors chase high yields amid low spreads and strong demand Frenzy of Sales in Red-Hot Debt Market Attracts Yield-Hungry Investors Bloomberg: Borrowers are rushing into global debt markets like never before. They’re eager to grab the attention of cash-rich managers who are driving corporate bond…
Wall Street is gearing up for a busy IPO season, with major companies eyeing significant deals this year US IPOs From Natural Gas to Bacon Set to Raise $18 Billion New York: So, Wall Street is buzzing with excitement as 2025 kicks off. They’re diving into a bunch of IPOs, and it looks like some…
In November, job openings in the US increased, but hiring saw a decline, indicating a potential slowdown in the labor market. US Job Openings Rise in November While Hiring Declines Washington: So, here’s the scoop. In November, job openings in the U.S. unexpectedly went up by 259,000, hitting about 8.1 million. That’s according to the…
