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Japanese Yen Holds Losses Against US Dollar As Hawkish Fed Bets Intensify
44+ min ago (348+ words) The Japanese yen remained under pressure against the US dollar on Wednesday, clinging to recent losses as growing expectations of a hawkish shift by the Federal Reserve continued to drive demand for the greenback. The USD/JPY pair traded near…...
Market Minute: A new inflation regime awaits Warsh
16+ hour, 44+ min ago (531+ words) The Real Economy Blog Economic News from RSM May. 14, 2026 by Joseph Brusuelas Following the shocks of the pandemic, we reconstituted our economic framework around the idea of a regime change in interest rates and inflation that can best be understood…...
Americans still feel bad about the economy. When will it get better?
9+ min ago (996+ words) American consumers have been pessimistic for so long that now economists are wondering when " or even if " households will ever feel financially better off. The University of Michigan Surveys of Consumers, a closely-watched bellwether, hit all-time lows in May, according…...
Gabby reacts to Ecobank case, warns of possible market shock
1+ min ago (482+ words) Ghanaian lawyer and political strategist Gabby Asare Otchere-Darko has raised concerns over a Supreme Court ruling that awarded businessman Daniel Ofori monthly compounded interest at 30% over a 10-year period in a dispute involving Ecobank Ghana and the Ghana Stock Exchange....
Silver diverges from gold; unlikely to reach new record highs without Fed's support
36+ min ago (454+ words) Silver has been diverging with gold recently as it's been rallying steadily since last week. They are generally correlated but can decouple sometimes. Silver is also much more volatile, so it might just be exacerbating the boost from falling real…...
NS&I makes major Premium Bonds rate change in win for 22 million customers
38+ min ago (236+ words) NS&I will increase the Premium Bonds prize fund rate in July, in a new win for 22 million savers. Customers will also have more chances to win, with the odds shortening to 22, 000 to 1 from 23, 000 to 1. The new prize fund rate…...
TN hikes DA by 2% to 60% for govt staff, teachers and pensioners
18+ min ago (132+ words) The Tamil Nadu government on Thursday announced a 2 per cent increase in Dearness Allowance (DA) for government employees and teachers, raising it from 58 per cent to 60 per cent with retrospective effect from January 1, 2026. According to an official release, the DA…...
Gold steady as markets focus on Trump-Xi meeting
11+ min ago (328+ words) Gold was largely steady "on Thursday, as investors focused on a meeting "between U. S. President Donald Trump and his Chinese counterpart Xi Jinping, while digesting a rise in U. S. inflation driven by the increased "energy costs linked to the Iran war. Spot…...
The Dollar finds its war premium but AI mania keeps the ceiling low
13+ min ago (290+ words) With more than 25 years of experience, Stephen has a deep-seated knowledge of G10 and Asian currency markets as well as precious metal and oil markets. EUR/USD stays modestly flat above 1. 1700 in European trading on Thursday. The pair moves little following…...
Aussie Dollar Falls as U. S. Producer Prices Jump Higher
4+ hour, 15+ min ago (250+ words) The Australian Dollar softened against the U. S. Dollar in Thursday's Asian trading, with AUD/USD retreating toward the 0. 7250 level. The move comes as stronger-than-anticipated U. S. inflation data lends support to the Greenback, weighing on the Aussie. Market participants are focused on two…...