Markets

Federal Reserve Bank of Chicago President Austan Goolsbee said on Fridya that Federated structure of central bank has worked well, adding that Fed independence is critically…

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US Interior Secretary Doug Burgum said that the US President Donald Trump administration is weighing a range of options for addressing the spike in oil and gasoline prices amid the…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The US dollar’s recent travails — it has fallen more than…

NZD/USD fell over 0.7% on Thursday, settling close to 0.5900 and touching its lowest level since late January. The pair has now given back the bulk of its February gains, with a…

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The Mexican Peso (MXN) depreciates sharply on Thursday as hostilities intensify in the Middle East, triggering a flight to safety, which underpinned the US Dollar (USD).…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The Genius Act allowed stablecoins to trade in the US as…

Already on the backfoot this morning, Thursday afternoon has seen US stocks shunted even lower as the price of Oil skyrocketed 9% due to the war with Iran. US Oil (WTI) reached a…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The US has indefinitely waived sanctions on a key…