Oil prices fell on Wednesday, ending a three-day winning streak, as data showed a sharp rise in U.S. crude inventories and Federal Reserve Chair Jerome Powell indicated that interest rate cuts would not come quickly this year. As of 12:30 GMT, Brent crude declined by 77 cents, or 1%, to …

U.S. stock index futures dipped slightly on Wednesday as investors awaited a crucial consumer inflation report that could influence the Federal Reserve’s monetary policy outlook. At 05:50 ET (10:50 GMT): Dow Jones Futures fell 75 points (-0.2%) S&P 500 Futures declined 8 points (-0.1%) Nasdaq 100 Futures slipped 9 points …

European stock markets edged higher on Wednesday, as investors awaited the latest U.S. inflation report, which could provide insight into the Federal Reserve’s monetary policy outlook. At 03:05 ET (08:05 GMT): Germany’s DAX rose 0.2% France’s CAC 40 climbed 0.4% UK’s FTSE 100 gained 0.1% U.S. Inflation Report in Focus …

The U.S. dollar retreated slightly on Wednesday as traders awaited key U.S. inflation data and updates on global trade developments. However, hawkish comments from Federal Reserve Chair Jerome Powell supported the greenback against the yen by driving up U.S. Treasury yields. Dollar Strengthens Against Yen but Pulls Back Elsewhere In …

Gold prices pulled back from record highs in Asian trading on Wednesday, pressured by rising Treasury yields after Federal Reserve Chair Jerome Powell indicated no urgency in cutting interest rates. Investors also leaned toward the U.S. dollar ahead of key consumer price index (CPI) inflation data, which could influence the …

Coca-Cola’s fourth-quarter earnings exceeded expectations, as the company’s strategy of encouraging consumers to buy higher-priced beverages fueled an unexpected rise in sales volume. The strong performance sent shares higher in premarket U.S. trading on Tuesday. The beverage giant (NYSE: KO) has introduced slimmer 12-ounce cans in the U.S. to boost …

Federal Reserve Chair Jerome Powell begins two days of hearings on Capitol Hill on Tuesday, addressing an economy at full employment, cooling inflation, and significant uncertainty surrounding the evolving trade and fiscal policies of the Trump administration. Since Powell’s last testimony before Congress, Trump’s election has introduced the prospect of …

European stock markets fluctuated within tight ranges on Tuesday, as investors weighed the impact of U.S. tariffs on global growth and corporate earnings. DAX (Germany): -0.2% CAC 40 (France): +0.2% FTSE 100 (UK): +0.2% Key Market Drivers: U.S. Tariffs Raise Uncertainty Trump’s 25% tariffs on steel and aluminum raise fears …

Gold prices soared to fresh record highs in Asian trade on Tuesday, driven by escalating trade war fears and geopolitical tensions under U.S. President Donald Trump. Spot gold reached a record high of $2,942.69/oz. Gold futures peaked at $2,968.39/oz before slightly retreating. Key Market Drivers: U.S. Trade Tariffs Spark Economic …

Oil, Crude, trading