The U.S. dollar weakened on Friday as uncertainty over the size of the Federal Reserve’s upcoming interest rate cut kept investors on edge. The yen reached its highest level this year amid widespread anticipation of a significant rate cut from the Fed at its meeting next week. With the Federal …

European stocks advanced on Friday, bolstered by gains in the mining sector and anticipation of a potential interest rate cut by the U.S. Federal Reserve at its upcoming meeting. The pan-European STOXX 600 index rose 0.5% to 514.5 points as of 0710 GMT, marking solid progress towards a weekly gain. …

Oil prices extended their upward momentum on Friday, driven by production disruptions in the U.S. Gulf of Mexico, where Hurricane Francine forced the evacuation of platforms ahead of its landfall on the Louisiana coast. This rally comes after a rocky start to the week that saw Brent crude briefly dip …

Gold prices surged to an all-time high during Asian trading on Friday, driven by persistent speculation that the Federal Reserve will cut interest rates in the coming week. Increased demand for the safe-haven asset amid uncertainties surrounding the U.S. presidential election further boosted the yellow metal’s appeal. Gold continued its …

Most Asian markets advanced on Friday as investor attention turned to the Federal Reserve’s upcoming interest rate decision, potentially marking the first rate cut in over four years. Hong Kong’s markets led the region with strong gains, driven by bargain hunting in local technology heavyweights. Hong Kong Rallies on Tech …

The European Central Bank (ECB) announced significant rate cuts on Thursday in response to mounting concerns over economic slowdown in the Eurozone. The ECB lowered its key interest rates across the board, signaling a shift towards more accommodative monetary policy. The interest rate on the marginal lending facility was reduced …

Oil prices surged nearly 2% on Thursday, extending gains from the previous session, as concerns over Hurricane Francine’s impact on U.S. oil production lifted the market. However, a pessimistic outlook on global demand, particularly from China, tempered further price increases. Brent crude futures for November delivery rose by $1.24, or …

European shares rose 1% on Thursday, buoyed by a strong performance in technology stocks, as investors awaited the European Central Bank’s (ECB) highly anticipated policy decision later in the day. A 25-basis-point rate cut is widely expected, with markets looking for further guidance on potential additional cuts later this year. …

The U.S. dollar traded near a four-week high against the euro on Thursday, bolstered by signs of persistent inflation in the U.S., which dampened expectations of a larger-than-expected interest rate cut by the Federal Reserve next week. Traders have scaled back their bets on a 50-basis point (bp) cut, now …

Bitcoin’s price saw an uptick on Thursday, climbing 2.8% to $58,115.9 by 01:16 ET (05:16 GMT), tracking gains in broader risk-driven markets, especially tech stocks. Despite this recovery, the cryptocurrency remains fragile after suffering significant losses the previous week. Strength in the U.S. dollar, driven by a stronger-than-expected consumer price …