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Federal Reserve Chair Jerome Powell stated that he would not resign from his position if re-elected President Donald Trump were to request it. This statement follows the Fed’s decision to lower...

Unless there is a significant surprise, the Federal Open Market Committee (FOMC) is expected to continue its cycle of rate cuts with a 25-basis-point reduction at the meeting scheduled for...

Donald Trump was elected the 47th president of the United States, marking a stunning political comeback in one of the most polarized contests for the White House in American history. Trump, 78,...

Big week ahead – In October, U.S. hiring increased at its slowest pace since 2020, with nonfarm payrolls rising by only 12,000. The unemployment rate remained steady at 4.1%, and hourly earnings...

All Eyes on the US Jobs Report – Stocks increased ahead of Friday’s crucial U.S. jobs report, concluding a volatile week in which mixed earnings from major tech companies placed the market on...

Eyes on US Core PCE Today – The Bank of Japan maintained its benchmark interest rate at around 0.25%, reiterating its outlook that it is on track to achieve its inflation target. This...

All eyes on UK budget today – Today’s budget is expected to be highly significant for the foreseeable future. Chancellor of the Exchequer Rachel Reeves is likely to raise taxes to support...

Headlines Oil slumps 5% as Israel limits Iran strike to military targets Japan’s Ishiba vows to restore stability after losing majority Yen weakens on Japanese vote...

Tesla delivers blowout quarter – Tesla Inc. saw an $80 billion surge in market value after reporting its largest quarterly profit in over a year and optimistic forecasts for 2025. Q3 results...

Yen near three-month lows – The Yen has fallen to its lowest level in almost three months against the strengthening dollar, raising concerns that Japanese officials may take action to support...