Market Update

The dollar approached its highest level in nearly six months against the yen on Friday and pushed the euro to its lowest level in more than seven weeks, as optimism about government debt ceiling talks in Washington fueled expectations that US interest rates would remain high for longer. Democratic negotiators …

Oil prices rose on Friday, after falling more than 1 percent the day before, as investors cautiously optimized about the fading risk of a US debt default. Brent crude futures rose 73 cents, or 1 percent, to $76.59 a barrel by 0650 GMT, and US West Texas Intermediate crude rose …

European stocks rose on Friday and pushed the German DAX index towards record highs, supported by indications of progress in the US debt ceiling negotiations. The pan-European Stoxx 600 advanced 0.4% by 0708 GMT, and is set to end the week with a slight gain. Mining and financial services stocks …

Japan’s Nikkei index rose on Friday to its highest level since August 1990, during what is known as the country’s economic “bubble” era, driven by a combination of positive factors such as strong earnings, an economy showing signs of recovery and optimism about US debt ceiling talks. The Nikkei index …

Gold prices rose on Friday, but headed for their largest weekly decline in three and a half months, as hopes that negotiations would reach a solution to the US government debt ceiling crisis and fading expectations of interest rate cuts by the end of the year led to a decline …

Oil prices posted a slight decline in early Asian trading on Friday, as optimism that a US default could be avoided was offset by high inflation data that could warn central banks around the world are heading to raise interest rates. Brent two-year crude futures fell to $75.84 a barrel …

On Thursday, Speaker Kevin McCarthy voiced optimism that negotiators have a structure now and are working two or three times a day. DeSantis suggests only he could beat Biden ahead of the expected 2024 launch. McCarthy also praised Biden’s picks to lead the talks – a move by the White …

On Thursday, Speaker Kevin McCarthy voiced optimism that negotiators have a structure now and are working two or three times a day. DeSantis suggests only he could beat Biden ahead of the expected 2024 launch. McCarthy also praised Biden’s picks to lead the talks – a move by the White …

According to an interview with James Bullard, president of the St. Louis Federal Reserve, raising interest rates even more would be a good “insurance” strategy against inflation, the Financial Times reported on Thursday.According to the Financial Times, Bullard stated that he will retain a “open mind” going into the next …

The price of oil is trading with significant losses, while the US dollar managed to consolidate its performance on the back of the Federal Reserve’s statements adopting tightening monetary policy, and the uncertainty about the outcome of the US debt ceiling negotiations.Latest data revealed a larger-than-expected rise in crude inventories, …