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Federal Reserve may keep rates unchanged for months as economy shows signs of health
12+ min ago (639+ words) WASHINGTON -- Federal Reserve officials are expected to keep their short-term interest rate unchanged Wednesday after three cuts last year, ignoring huge pressure for lower borrowing costs from the White House in favor of waiting to see how the economy evolves....
Asian shares are mixed after Wall St sets a record, and the US dollar's value slides further
17+ min ago (716+ words) Asian shares were mixed on Wednesday after the S&P 500 ticked to a record, as the U.S. dollar's value slid further. Later Wednesday, the Federal Reserve will announce its next move on interest rates. The expectation is that it will hold…...
World shares are mixed after Wall St sets a record, while gold and silver fly higher
19+ min ago (92+ words) World shares are mixed after Wall St sets a record, while gold and silver fly higher'The Washington Post World shares are mixed after the S&P 500 ticked to a record European shares were lower after a mixed day in Asia,…...
TRT World - Dollar struggles to recover from losses after Trump comments
20+ min ago (548+ words) The dollar ticked up on Wednesday following another selloff fuelled by Donald Trump's suggestion he was happy with the currency's recent decline, while tech firms extended their rally ahead of much-anticipated earnings from the sector this week. Traders are also…...
Gold holds near highs as structural risks outweigh Dollar strength
26+ min ago (1070+ words) Gold prices are consolidating near recent highs despite a relatively firm US Dollar, as markets increasingly price structural macro risks rather than simple currency dynamics. This shift reflects growing focus on systemic macro uncertainty, fiscal sustainability and geopolitical fragmentation. Investors…...
Current account posts $1.17bn deficit in Jul–Dec FY2026 as imports rise
29+ min ago (361+ words) Pakistan's external account shifted into a deficit during the first half of FY2026, with the current account posting a deficit of $1.17 billion in Jul'Dec, as rising import demand outpaced relatively flat export performance, according to the Monthly Economic Update and Outlook…...
Trump’s Embrace of Weaker Dollar Fuels Bets on New Downtrend
36+ min ago (649+ words) (Bloomberg) " President Donald Trump's relaxed tone about the dollar (DX-Y.NYB) selloff is fueling speculation the US currency is at the start of a longer-term decline. The dollar suffered its deepest one-day drop since last year's tariff rollout after Trump…...
Why Gold Is Going Up? XAU Price Today Climbs for 7th Straight Session as Trump Weakens the Dollar
37+ min ago (786+ words) The primary driver behind today's surge is the US dollar's "crisis of confidence" as it struggles near four-year lows. President Donald Trump's comments suggesting a "broad-based consensus within the White House to have a weaker greenback going forward" accelerated dollar…...
TfL outlines Business Plan for the future of London transport
43+ min ago (507+ words) Transport for London (TfL) has set out its new draft Business Plan, a programme for the future of London's transport network. The programme will build on progress from the last decade, from launching the Night Tube and the Superloop to…...
Emboldened by widespread support, Jerome Powell and the Fed will probably defy Trump once again - CNN
44+ min ago (15+ words) Emboldened by widespread support, Jerome Powell and the Fed will probably defy Trump once again'CNN...