Gold falls below $4,000 after oil prices jump
Gold dropped about 3% on Monday, July 13, falling below $4,000 an ounce as oil prices surged and expectations for higher U.S. interest rates strengthened....
Tag : interest rates
Bank of Korea holds 2.5% rate and rolls out dot plot
SEOUL: South Korea’s central bank kept its benchmark interest rate unchanged at 2.50% on Thursday, maintaining the Base Rate as policymakers balanced a steady inflation backdrop with improving...
Bank of Japan lifts rates to highest level in 30 years
TOKYO, December 20, 2025: The Bank of Japan on Friday raised its benchmark interest rate to the highest level in three decades, marking another milestone in...
Powell defends Fed’s independence amid Trump’s remarks
U.S. President Donald Trump has renewed his criticism of Federal Reserve Chair Jerome Powell, calling for his removal and blaming the central bank’s leadership for...
CBE reduces deposit lending and discount rates by 2.25 percent
The Central Bank of Egypt (CBE) announced on April 17, 2025, that it has reduced key interest rates by 225 basis points. The decision was...
Bitcoin gains momentum as investors bet on 2025 Fed rate cuts
Bitcoin (BTC) has surged past $96,000, edging closer to the psychologically significant $100,000 threshold following dovish comments from Atlanta Federal Reserve Bank President Raphael Bostic....
UK inflation rises to 3% in January, surpassing expectations
The United Kingdom's inflation rate rose to 3% in January, surpassing analyst expectations of 2.8%, according to data released by the Office for National Statistics...
Bitcoin drops 7.3% since Trump’s inauguration amid weak sentiment
Bitcoin continued its downward trajectory on Monday, declining 0.8% to $96,197, as the cryptocurrency market remained subdued amid the U.S. Presidents Day holiday. With stock...
U.S. Treasury yields drop despite stronger-than-expected inflation data
U.S. Treasury yields declined on Thursday despite the release of another inflation report indicating stronger-than-expected price pressures. The 10-year Treasury yield fell by 8 basis...
Dow, S&P 500, Nasdaq drop after inflation data surprises markets
U.S. stocks declined on Wednesday as investors reacted to unexpectedly high U.S. inflation data for January, which dampened expectations of Federal Reserve interest rate cuts....