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The Economy Avoided a Recession in 2025, but Many Americans Are Reeling
13+ min ago (1355+ words) After a chaotic year filled with trade wars, market gyrations and the longest government shutdown in history, the U.S. economy has, once again, proved more resilient than many forecasters feared. But "resilient" isn't quite the same thing as "good." Many Americans…...
Ringgit ends lower amid profit-taking, lack of fresh market catalysts
14+ min ago (189+ words) KUALA LUMPUR: The ringgit ended lower'against the US dollar on Monday'due to'profit-taking'and'a lack of fresh market catalysts. At 6 pm, the local currency eased to 4.0770/0800 versus the greenback, from 4.0740/0785 at last Friday's close,'when it hit its strongest level in almost…...
Forex Today: Dollar slips and Gold shines ahead of key US data
15+ min ago (517+ words) US Dollar Index (DXY) expectations for a dovish Federal Reserve (Fed) monetary policy path into 2026 weigh on sentiment. The US Dollar Index (DXY) trades around 98.30, retreating after climbing to a one-week high on Friday. The table below shows the percentage…...
Gold jumps above $4,440 as geopolitical flare, Fed cut bets mount
16+ min ago (670+ words) Gold (XAU/USD) rallies over 2% on Monday, reaching a record high of $4,442 amid rising geopolitical tensions and expectations that the Federal Reserve (Fed) will continue to reduce interest rates next year, pushing US Treasury yields lower. At the time of…...
Asian cues, foreign fund flows spur a 'Santa Rally' on D-Street
17+ min ago (111+ words) Indian equity indices surged on Monday, mirroring gains across Asia, driven by a strengthening rupee and renewed foreign investment. The Nifty and Sensex closed higher, with the broader market also showing strength. Analysts attribute the upward trend to a 'Santa…...
Inflation Rate Declines: A Potential Path to 2% by Year-End | CDN
30+ min ago (616+ words) In a surprising turn of events, the annual inflation rate plummeted to 2.7% last month, catching many economists off guard. While some experts urge caution, suggesting that this trend may not be sustained, there is growing optimism that we could see…...
Trump Delivers: Core Inflation Hits Lowest Level in Nearly Five Years
32+ min ago (152+ words) The latest inflation data shattered economists" expectations once again, with core inflation " often called the best measure of inflation " at its lowest level in nearly five years. Inflation is down, gas prices are down, the deficit is down, wages are…...
What Trump promised with his 'Liberation Day' tariffs — and what he delivered
39+ min ago (904+ words) It was on April 2 that President Trump appeared at the White House to unveil his "Liberation Day" tariffs. The sweeping announcement roiled markets and helped set the tone for the president's second-term tariff push " even though many of the country-specific…...
AUD/USD bounces on fresh Greenback weakness
48+ min ago (502+ words) AUD/USD drove higher on Monday, climbing back into the 0.6660 region following an extended near-term decline. The Australian Dollar (AUD) took a lifeline thrown by broad-market Greenback flows that see the safe-haven US Dollar (USD) on the retreat heading into…...
USD/CAD remains under pressure ahead of Canadian GDP and key US data
50+ min ago (654+ words) The Canadian Dollar (CAD) edges higher against the US Dollar (USD) on Monday amid a softer Greenback. At the time of writing, the pair is trading around 1.3740, down about 0.4% on the day and holding close to September lows. The US…...