Bitcoin prices dipped slightly on Friday, erasing some of the gains seen in the past two days as caution prevailed following warnings from Federal Reserve officials about the possibility of interest rate cuts this year. The world’s largest cryptocurrency remained firmly within a tight trading range of $60,000 to $70,000 …

European stock markets retreated slightly on Friday, as investors awaited crucial inflation data amidst ongoing uncertainty over future interest rate decisions. At 03:10 ET (07:10 GMT), Germany’s DAX index traded 0.2% lower, France’s CAC 40 slipped 0.1%, and the UK’s FTSE 100 dropped 0.1%. Anticipation Builds for Eurozone CPI Release …

The dollar is on track for its biggest weekly decline against the euro in two and a half months, as signs of cooling U.S. inflation and a softening economy have raised the likelihood of upcoming rate cuts by the Federal Reserve. Euro Gains on Dollar Weakness The euro has surged …

Gold prices saw a slight decline on Friday, trimming some of the week’s gains, as Federal Reserve officials provided a more cautious outlook on potential interest rate cuts. Gold Retreats Amid Fed Caution Gold had surged close to $2,400 an ounce earlier in the week following softer U.S. economic data. …

Asian stock markets faced declines on Friday as a series of warnings from Federal Reserve officials caused investors to reassess expectations of interest rate cuts, coupled with mixed economic data from China that heightened caution. Asian markets took a cue from Wall Street, where U.S. stock benchmarks closed lower after …

In the week ending May 11, the number of Americans filing for first-time unemployment benefits decreased to 222,000. While this was a decline from the upwardly revised figure of 232,000 in the previous week, it was slightly above economists’ expectations, who had forecasted a reading of 219,000.

The U.S. dollar steadied in European trade on Thursday, rebounding slightly after dropping to multi-week lows overnight following a milder-than-expected U.S. inflation report. The Dollar Index, which measures the greenback against a basket of six other currencies, traded 0.1% higher at 104.285, recovering from a five-week low reached just below …

Despite a global rally induced by U.S. inflation data, European stock markets experienced slight declines. The DAX in Germany, the CAC 40 in France, and the FTSE 100 in the U.K. all traded lower, with disappointing corporate earnings contributing to the subdued sentiment. Impact of Earnings Siemens shares dropped nearly …

Oil prices extended gains from the previous session on Thursday on signs of stronger demand in the U.S., where data showed slower inflation than markets expected, bolstering the argument for an interest rate cut that could drive greater consumption. Brent futures rose 32 cents, or 0.4%, to $83.07 a barrel …

Gold prices stabilized in Asian trading on Thursday following robust overnight gains, propelled by softer inflation data that drove the dollar to one-month lows and increased speculation of impending interest rate cuts. With the yellow metal now within reach of May’s record highs, traders are wagering that the Federal Reserve …