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Oil prices fell on Friday amid concerns about demand growth in 2025, especially in China, the largest importer of crude, and the two global benchmarks are heading for a decline of about 3%.Brent crude futures fell 61 cen... [read more]
The dollar retreated from a two-year high on Friday but was on track for a third weekly gain after data showed inflation eased two days after the Federal Reserve cut interest rates.The dollar index fell 0.47 percent agai... [read more]
The Fed cut interest rates by 25 basis points for the third time in a row, as explained in its projections and dot plot, and revised its future plan for future rate cuts, now expecting only two cuts totaling 50 basis poi... [read more]
European stock markets closed mixed on Tuesday, December 17, as investors awaited monetary policy decisions from a number of major central banks this week.The pan-European Stoxx 600 index fell 2.17 points, or 0.42%, to 5... [read more]
US stocks were higher on Monday, helped by Bitcoin (BTC-USD) hitting a fresh record high, as investors awaited the Federal Reserve’s final monetary policy decision for 2024.The Nasdaq Composite (^IXIC) rose nearly 0.5%, ... [read more]
The S&P 500 rose in early trading on Wall Street on Friday, following a losing session on Thursday after economic data disappointed the market amid anticipation of the Federal Reserve’s decision to cut interest rates... [read more]
The European Central Bank on Thursday cut interest rates for the fourth time this year, confirming expectations for a quarter-point cut.The cut takes the ECB’s key interest rate to 3%. The deposit facility had been at 4%... [read more]
European stock markets closed higher on Wednesday, December 11, as traders digested corporate updates and the latest U.S. inflation data.The pan-European Stoxx 600 index rose 1.68 points, or 0.32%, to 529.17 at the close... [read more]
U.S. stocks rose on Wednesday, December 11, after the November inflation report came in line with economists’ expectations, paving the way for the Federal Reserve to cut interest rates again at its meeting next week.The ... [read more]
US stocks rose during trading on Tuesday, December 10, on Wall Street, as traders digested the end-of-year rally while awaiting the release of new US inflation data due this week.The S&P 500 rose 0.2%, and the Dow Jo... [read more]
