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Markets
Stock-market tumble shows investors now face ‘Fed’s reality’ in inflation fight
A frothy stock market suffered a steep fall Tuesday, as an unexpectedly hot January consumer-price index reading reminded investors that the Federal Reserve’s…
USD/INR extends the rally, eyes on Indian WPI data
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Indian Rupee trades soft as the higher-than-expected US…
Oil drifts down on sticky inflation, bigger-than-expected US crude stock build
© Reuters. Miniatures of oil barrels and a rising stock graph are seen in this illustration taken January 15, 2024. REUTERS/Dado Ruvic/Illustration/File Photo
By Laura…
Australian Dollar attempts to retrace recent losses amid a stable US Dollar
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Australian Dollar lost ground as the US Dollar rose on…
Regional-bank stocks are back under pressure as investors get ‘a dose of reality’ about obstacles to cutting rates
Shares of regional banks were hit especially hard on Tuesday after an inflation reading came in surprisingly strong, raising more concerns about potential fallout to commercial…
GBP/JPY trades with modest losses, holds above mid-189.00s ahead of UK CPI
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GBP/JPY pulls back from a multi-year peak touched on…
2024 Financial Market Outlook by Octa By Investing.com Studios
In 2023, we have seen global central banks struggle with inflation. Following interest rate hikes by central banks worldwide, global inflation has fallen from around 10% in the…
USD/CAD drifts higher to 1.3670 amid firmer US Dollar, hotter-than-expected US CPI data
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USD/CAD trades on a stronger note around 1.3568 on the…
Exxon, Enbridge sued by competitor over crude oil transportation
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© Reuters. The logo of Calgary-based Enbridge, one of North America's largest energy infrastructure companies, is displayed during the LNG 2023 energy trade show in…