U.S. stock futures were a tad firmer on Monday, but caution prevailed as bond yields rose and traders looked ahead to Wednesday’s Fed comments. S&P 500 futures rose 6 points, or 0.1% to 4504 Dow Jones Industrial Average futures added 41 points, or 0.1% to 34968 Nasdaq 100...
A gauge of the dollar edged lower after capping its first weekly loss since July as traders took to the sidelines ahead of a slew of policy rate decisions due this week. The Federal Reserve is set to announce its rate decision on Wednesday, followed by...
Gold extended gains after rising by the most in three weeks on Friday as US inflation expectations fell to the lowest in more than two years. The reading is likely to encourage Federal Reserve policymakers to reinforce expectations they will hold rates at this week’s meeting. However, the outlook...
European markets had a negative open to start this week’s trading, following their Asia-Pacific counterparts lower as investors look ahead to a week of central bank decisions. The pan-European Stoxx 600 index opened 0.2% lower, with sectors spread across positive and negative territory. Mining stocks led...
Oil held near a 10-month high as OPEC+ supply cuts tightened the global market, with Saudi Energy Minister Prince Abdulaziz bin Salman due to address an industry conference on the kingdom’s crude policy and outlook. Global benchmark Brent traded near $94 a barrel following a three-week run of gains that boosted...
Asia-Pacific markets slipped Monday as investors look ahead to a week of central bank decisions. The U.S. Federal Reserve’s decision is expected early Thursday in Asia, while Australia’s central bank will release its minutes for its Sept. 5 policy meeting on Tuesday. On Friday, the Bank of...
Gold was steady in Asia after rising 0.7% on Friday as US inflation expectations fell to the lowest in more than two years. The reading is likely to encourage Federal Reserve policymakers to reinforce expectations they will hold rates at this week’s meeting. However, the outlook for borrowing costs...
The U.S. dollar and most major currencies were flatlining in early trades on Monday, barring a blip in sterling, as a Japanese holiday and a bunch of upcoming central bank meetings sucked the air out of markets. The Bank of Japan's policy meeting on Friday is...
Dollar retained its gains against peers on Friday, following strong U.S. economic data and a rate hike by the European Central Bank (ECB). The currency's strengthening came in response to higher-than-expected U.S. retail sales and an ECB decision that prompted a drop in European yields. U.S....
Oil headed for a third weekly gain as the market continued to tighten on the back of supply curbs from Saudi Arabia and Russia. West Texas Intermediate edged higher on Friday after crossing the $90 a barrel mark on Thursday for the first time since November. The International Energy...