ASX to drop as markets fret currency slump will put off rate cut
The Australian dollar has fallen below a crucial threshold when measured against important trade partners, complicating the ...
Rising 10-Year Yield Nears 5%, Pressures Markets as S&P 500 Struggles in High-Rate Climate
Treasury yield stays above 4%, signaling a tough year for stocks as strong jobs data dampen hopes for Fed rate cuts in 2025.
Gold News: Trump Policy Risks Drive Prices Higher Despite Treasury Yield Spike
Gold prices rise as Trump policy risks boost safe-haven demand, offsetting strong US jobs data, a rallying dollar, and ...
US Inflation Is Set to Back Fed Pause After Robust Jobs Data
Underlying US inflation probably cooled only a touch at the close of 2024 against a backdrop of a resilient job market and ...
The Daily Star10h
US hiring beats expectations
US job gains soared past expectations in December, according to government data released Friday, in a sign the labor market ...
Fed rate cuts are already over after they barely started as blowout jobs report shifts focus to hikes, BofA says
"Inflation is stuck above target and risks are skewed to the upside. Economic activity is robust. We see little reason for ...
gulftoday13h
Strong economic data raises prospect of yields surging further
A recent surge in US Treasury yields may gain even more momentum after a strong jobs report reinforced expectations that ...
EconoTimes15h
US Job Growth Surges in December, Impacting Fed Rate Cut Outlook
The US economy defied expectations in December, adding 256,000 nonfarm payroll jobs, surpassing economists forecast of ...
This is what it could take for the Fed to hike interest rates
Not long ago the consensus on Wall Street was that the Fed would cut rates several times in 2025. Activity in derivative markets show traders now only expect slightly more than one rate hike cut this ...
US STOCKS-Wall Street ends lower as blowout job data spooks traders
The Dow Jones Industrial Average fell 696.75 points, or 1.63%, to 41,938.45, the S&P 500 lost 91.21 points, or 1.54%, to ...
Mortgage rates were expected to fall, but they're surging. There's a reason for that.
Most economists were expecting mortgage rates to fall over the course of the coming year. But rates have risen steadily over the last month, inching back up to 7% - and they're expected to move even ...
Strong jobs report gives market investors the jitters
The U.S. economy boasted an impressive 256,000 nonfarm payrolls in December, a figure that shocked forecasters.