It is a worrying sign for the Fed, suggesting that the elevated pace of price increases could last longer than expected.
The contract rate on a 30-year fixed mortgage ticked up 2 basis points to 7.07%, marking the ninth straight week above 7%.
Risk sentiment has faltered in recent weeks, and global stock markets have experienced a mild sell off, as the focus shifts ...
Forex traders noted that despite an increase in crude oil prices, the Indian currency saw limited gains, with investors ...
The U.S. services sector snapped back into growth mode in May after a short-lived contraction the month before, with a ...
The PCE inflation data is slated for release at 12:30 GMT. The monthly core PCE Price Index gauge is the most-preferred ...
With PCE data released last week indicating that U.S. inflation had stabilised in April, the currency market began the week ...
The number of job openings in the US shrank for the second month in a row, setting a new three-year low amid further<a class= ...
Asian markets fell Tuesday as traders were spooked by signs of weakness in the US economy, even as the data boosted hopes the ...
Potential bullish trend for gold if the Fed turns dovish, but uncertainty around this week’s jobs report could lead to a ...
A GLOBAL bond rally gathered pace on Tuesday (Jun 4), with Treasury yields falling further after a bigger-than-expected slide in US job openings that suggests the world’s biggest economy is cooling.
XAU/USD gained 1% on Monday due to the weaker-than-expected US ISM Manufacturing Purchasing Managers' Index (PMI) report. Gold prices reached 2,350 on Monday, buoyed by growing expectations of eased ...