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The US Federal Reserve is widely expected to keep interest rates unchanged when it meets in the coming week, holding firm despite President Donald Trump’s pressure to slash levels as it guards against threats to its independence.The central bank has cut rates three consecutive times since September as the jobs market weakened, bringing them to…
Kuwait Gold Prices Stable Near Record Highs Amidst Market Volatility Gold prices in Kuwait remained stable at $4,595 per ounce after a week of volatility in precious metals markets, closing firmly despite recent profit-taking and fluctuations in investor sentiment. According to a report by Kuwait’s Dar Al-Sabaik, gold futures for February delivery dipped slightly but…
Asian shares inched higher on Monday as investors weighed political and economic developments in the United States, while the dollar slipped amid concerns over the independence of the US Federal Reserve.HSI jumped 208 points or 0.79% to 26,439. Japan’s Nikkei also climbed 822 points or 1.6% to 51,939. Shenzhen and Shanghai also added 1.2% and…
Bought Gold in Dubai Last Year? Here’s How Much You Made as Prices Soared 60% Dubai’s gold market delivered a giant surprise in 2025, marking one of the most dramatic rallies in recent history. What started as a modest year for bullion turned into a breakout performance, with the price of 24-carat gold climbing by…
A senior US Federal Reserve official has said there is no immediate need to cut interest rates further, cautioning that recent inflation data may have been distorted due to disruptions in data collection during the federal government shutdown, AFP reported.Speaking to CNBC on Friday, New York Federal Reserve President John Williams said inflation readings for…
Wall Street opened higher on Friday as gains in artificial intelligence-linked stocks helped lift investor sentiment, even as markets digested a widely expected interest rate hike by the Bank of Japan.In early trade, the S&P 500 rose 0.5%, extending gains from the previous session though the index remained lower for the week. The Dow Jones…
Most experts believe that a rate cut by the US Federal Reserve is a positive signal for the Indian markets. (AI image) The US Federal Reserve cut the benchmark rate by 25 basis points in the latest monetary policy review. A split US Federal Reserve announced its third successive interest rate cut of the year,…
US Fed chair Jerome Powell (File photo by AP) The US Federal Reserve’s Federal Open Market Committee (FOMC), led by Fed Chair Jerome Powell on Wednesday cut the key rate by 25 basis points. The rate now stands between 3.5 percent and 3.75 percent, the lowest level in nearly three years. “In support of its…
Fundamentals are turning in favour of India. Higher growth and corporate earnings are achievable in the quarters ahead, says Dr. VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in green on Wednesday. While Nifty50 was above 25,850, BSE Sensex was…
Gold prices are expected to remain on a positive footing in the coming week as investors await cues from the US Federal Reserve’s monetary policy decision, with a weaker rupee adding to support in the domestic market, analysts said, PTI reported. The bias for the yellow metal remains constructive amid expectations of an interest rate…
