Australia’s central bank kept its benchmark cash rate unchanged at 3.60% on Tuesday, in line with market expectations, while cautioning that inflation risks have shifted to the upside. Concluding its two-day policy meeting, the Reserve Bank of Australia (RBA) said it needed more time to assess the persistence of price …
Read More »Gold Slips as Traders Digest Dovish-Tilt Fed; Silver Retreats After Fresh Record High
Gold prices declined in Asian trading on Thursday as markets absorbed the Federal Reserve’s latest policy signals, while silver eased after briefly touching a new all-time high earlier in the session. Metal markets were mixed overall. Although the Fed cut interest rates as expected and announced a major liquidity-boosting plan, …
Read More »Dollar Slips Ahead of Fed Decision as Markets Focus on Powell’s 2026 Guidance
The U.S. dollar edged lower on Wednesday, with traders squarely focused on the conclusion of the Federal Reserve’s final policy meeting of the year, which is expected to shape global risk sentiment going into 2026. At 04:35 ET (09:35 GMT), the Dollar Index, which tracks the greenback against a basket …
Read More »Italy’s Industrial Production Drops 1% in October, Underscoring Ongoing Manufacturing Weakness
Italy’s industrial output fell sharply in October, highlighting renewed pressure on the country’s manufacturing sector after a brief rebound in September. Data released Wednesday showed industrial production declined 1.0% month-on-month, far worse than expectations for a 0.3% drop in a Reuters poll of analysts. The setback followed a 2.7% rise …
Read More »Bitcoin Rises Ahead of Fed Decision, but Gains Capped by Hawkish Expectations
Bitcoin traded higher on Wednesday as investors positioned ahead of a widely expected U.S. Federal Reserve interest-rate cut later in the day. However, upside momentum remained constrained by growing expectations that the central bank will pair the cut with hawkish forward guidance. By 01:55 ET (06:55 GMT), Bitcoin was up …
Read More »European Stocks Flat as Markets Brace for Fed Rate Decision
European equities traded without clear direction on Wednesday, as investors remained cautious ahead of the U.S. Federal Reserve’s much-anticipated interest rate decision later in the day. By 03:05 ET (08:05 GMT): Germany’s DAX slipped 0.1% France’s CAC 40 dipped 0.1% U.K.’s FTSE 100 edged 0.1% higher Fed Decision in Focus …
Read More »Gold Steadies as Markets Brace for Fed Rate Cut; Silver Soars to Record High Above $62
Gold prices were steady in Asian trading on Wednesday, holding firm ahead of a widely anticipated interest rate cut from the U.S. Federal Reserve later in the day. Silver, however, dominated the metals complex, surging to a fresh record high on expectations of tightening supplies and rising demand in 2026. …
Read More »U.S. Futures Edge Higher as Markets Brace for Potentially Contentious Fed Rate Cut
U.S. stock futures traded slightly higher on Tuesday as investors adopted a cautious stance ahead of the Federal Reserve’s final policy meeting of 2025 — a decision expected to set the tone for markets heading into the new year. At 05:35 ET (10:35 GMT): Dow Jones Futures rose 30 points …
Read More »Dollar Steadies Ahead of Fed Decision; Aussie Rises as RBA Rules Out More Easing
The U.S. dollar held largely steady on Tuesday as traders braced for a widely expected interest-rate cut from the Federal Reserve, while the Australian dollar firmed after its central bank signaled no need for further easing. The U.S. dollar index dipped 0.1% to 98.977, with investors preparing not only for …
Read More »Bitcoin Slips as Traders Turn Cautious Ahead of Fed Decision
Bitcoin dipped on Tuesday as investors adopted a risk-off stance ahead of the Federal Reserve’s policy meeting, where markets widely expect an interest-rate cut. The world’s largest cryptocurrency was last down 1.5% at $90,011.6 by 01:16 ET (06:16 GMT), holding within a narrow $90,000–$92,000 trading band. Caution Prevails Ahead of …
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