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The dollar nudged higher on Tuesday as consumer price data showed inflation continuing to rise but at a slower pace, in a widely anticipated result that might prompt the Federal Reserve to suspend or possibly halt interest rate hikes next week. The dollar index increased by 0.106%, while the euro …

The US Bureau of Labor Statistics reported on Tuesday that inflation in the United States, as measured by the Consumer Price Index (CPI), declined to 6% on a yearly basis in February from 6.4% in January. This reading came in line with the market expectation. On a monthly basis, the …

Consumer prices in the United States are expected to rise at a solid pace in February, despite high rental housing costs, but economists are divided on whether the data will be enough to convince the Federal Reserve to raise interest rates again next week, following the failure of two regional …

The European index rose on Tuesday, supported by the rise in interest rate-sensitive real estate and technology stocks, after a three-day sell-off in the wake of the collapse of the Silicon Valley bank that caused turmoil in the banking sector worldwide. The pan-European STOXX 600 was up 0.1% by 0813 …

China said it will reopen its borders to foreign tourists for the first time in three years since the outbreak of the COVID-19 pandemic, by re-issuing various types of visas from Wednesday, March 15. The lifting of this latest border measure, which was intended to protect against COVID-19, comes after …

Asia-Pacific markets fell during the session on Tuesday, March 14th, after sharp losses overnight on Wall Street as investors grappled with the fallout from the collapse of US banks, including SVB. In Japan, the Topix index led the losses and fell by 2.67%, and the Nikkei 225 index fell by …

Gold prices stabilized above the important $1900 level on Tuesday, amid expectations of a slowdown in the pace of the Federal Reserve raising interest rates after the collapse of two major regional banks in the United States, which increased the attractiveness of the non-yielding metal. And gold settled in instant …

Oil prices fell by more than a dollar on Tuesday, extending losses for the second session, as the collapse of the Silicon Valley bank shocked stock markets and raised fears of a new financial crisis. Brent crude futures fell 87 cents, or 1.1 percent, to $79.90 a barrel by 0345 …

The SVB collapse drove US stock markets to monthly lows. The Nasdaq managed to recover and gained 0.45%, while the Dow Jones lost 0.28% and the S&P 500 fell by 0.15%. The VIX rose 6% after pulling back during the second half of the US trading session. Crude Oil prices …

The ripple effect of the ongoing collapse in the US banking sector is expected to trigger a panic selling if Tuesday’s CPI reading in the United States comes in hotter than expected.ApeCoin and dYdX are two altcoins that are likely to face a massive selloff this week. Things are getting …