The US dollar extended its recent rally on Tuesday, buoyed by the Federal Reserve’s hawkish stance, even as holiday-thinned trading conditions kept market activity subdued. Key Highlights Dollar Index Near Two-Year High The Dollar Index, which measures the greenback against six major currencies, rose 0.1% to 107.905, staying near a …

European stock markets edged slightly higher on Tuesday as trading volumes remained muted due to the holiday season. FTSE 100: Up 0.3% CAC 40: Increased 0.4% DAX: Closed for the day Most European markets will close early on Tuesday and remain shut on Wednesday for the Christmas holiday. Key Market …

Oil prices climbed on Tuesday, reversing losses from the previous session, as analysts pointed to a more optimistic short-term outlook despite thin trading activity ahead of the Christmas holiday. Brent Crude: Up 0.6% to $73.05 a barrel. WTI Crude: Gained 0.6% to reach $69.62 a barrel as of 0742 GMT. …

Bitcoin continued its downward trajectory on Tuesday, marking its fourth consecutive daily decline as the rally triggered by Donald Trump’s presidential election victory faded in the face of a more hawkish Federal Reserve. Bitcoin Price: Fell 2% to $94,159.4 as of 00:22 ET (05:22 GMT), dipping below the critical $93,000 …

U.S. stock index futures advanced slightly on Monday as Wall Street reacted to signs of easing inflation, kicking off a shortened trading week ahead of the Christmas holiday. Dow Jones Futures: +5 points (+0.1%) S&P 500 Futures: +10 points (+0.2%) Nasdaq 100 Futures: +60 points (+0.3%) Markets will close early …

The U.S. dollar strengthened on Monday, recovering from sharp losses late last week. Signs of cooling inflationary pressures in the U.S. eased concerns about aggressive rate cuts in 2025, while the euro slipped amid dovish remarks by European Central Bank President Christine Lagarde. Dollar Index (DXY): Up 0.4%, trading at …

European markets opened the week in the red, reflecting a subdued trading environment as the Christmas holiday approaches. At 03:13 ET (08:13 GMT), major indices showed minor declines: Germany’s DAX: -0.4% France’s CAC 40: -0.1% UK’s FTSE 100: -0.1% With many markets preparing to close early or remain shut on …

Bitcoin traded marginally lower on Monday, reflecting ongoing caution among investors as macroeconomic uncertainties and hawkish signals from the Federal Reserve continued to weigh on risk assets. Market Performance Bitcoin declined by 0.7%, trading at $95,445.4 as of 00:41 ET (05:41 GMT), extending a losing streak in five of the …

The British economy showed no growth in the third quarter, according to revised data from the Office for National Statistics (ONS), highlighting economic challenges facing Prime Minister Keir Starmer‘s government. The ONS adjusted its estimate of GDP growth for the July-to-September period to 0.0%, down from an initial projection of …

Oil prices began the week on a positive note, bolstered by data showing cooling U.S. inflation, which revived hopes for monetary policy easing in 2024, supporting global economic growth and oil demand. Brent crude futures rose $0.26 (0.4%) to $73.20 per barrel, while West Texas Intermediate (WTI) crude climbed $0.31 …