Market Update

The U.S. dollar strengthened slightly on Thursday in subdued trading due to the Thanksgiving holiday, though the currency remained on track for its steepest weekly decline in four months. By 04:49 ET (09:49 GMT), the U.S. Dollar Index rose 0.1% to 99.69, with volumes muted as U.S. markets stayed closed …

European shares were largely unchanged on Thursday, with investors taking a breather after three straight sessions of gains driven by growing expectations of a U.S. Federal Reserve rate cut next month. The pan-European STOXX 600 traded flat at 574.01 points by 09:26 GMT, holding near one-week highs. Mixed Performances Across …

Bitcoin surged on Thursday, climbing back above the $90,000 level as markets sharply increased their expectations that the U.S. Federal Reserve will cut interest rates in December. The world’s largest cryptocurrency last traded 4% higher at $91,201.6 by 01:54 ET (06:54 GMT). The rebound comes after Bitcoin briefly plunged to …

Gold prices edged lower in Asian trade on Thursday, easing slightly after a strong week-long advance driven by mounting expectations that the U.S. Federal Reserve will cut interest rates in December. Speculation that a more dovish successor could replace Fed Chair Jerome Powell after his term ends in 2026 also …

U.S. Treasury yields showed a mixed performance on Wednesday, balancing between stronger-than-expected economic data and a broad rally in global bond markets. While the latest figures highlighted robust activity in the manufacturing sector, investor interest in long-term debt remained resilient, thanks in part to movements in the UK bond market.Over …

The latest Beige Book from the Federal Reserve paints a picture of an economy moving with caution, as wage growth continues at only a modest pace across most regions. The report—released eight times a year to summarize real-time economic conditions—indicates that slow wage gains have contributed to further moderation in …

Oil prices advanced as fresh US stockpile data signaled tighter supply conditions, giving energy markets a decisive boost after a period of volatility. Investors interpreted the decline in inventories as evidence of steady demand across the American economy, strengthening expectations that consumption will remain resilient through the end of the …

The Japanese Yen remained on the defensive on Wednesday, even as the US Dollar softened across global currency markets. The Dollar–Yen pair held its ground, reflecting a mix of shifting interest-rate expectations in the United States and persistent uncertainty surrounding Japan’s monetary outlook.Traders continued to build expectations that the Federal …

The U.S. dollar weakened on Wednesday, erasing its early gains and closing nearly flat, as investors balanced mixed economic signals with fresh political developments. At the start of trading, stronger‑than‑expected U.S. data gave the greenback a lift. That momentum quickly faded when the Chicago Purchasing Managers’ Index for November fell …

The latest billion-dollar moves in the food sector are sending shockwaves through global markets, with one headline deal standing out: a $1.2 billion merger designed to take A Paradise public. The transaction adds fresh momentum to a sector already racing through rapid consolidation, prompting investors to reassess opportunities far beyond …