Fed minutes from the May meeting revealed more officials warning that the next move could be a rate hike, sparking a dollar…
US prosecutors unseal murder charges against former Cuban President Raúl Castro for the 1996 downing of two civilian planes, heightening US-Cuba tensions…
Rising bond yields indicate markets expect AI to worsen inflation, tightening the policy bind for Fed contenders like Warsh and dimming rate-cut…
The Strait of Hormuz closure cuts off a vast share of oil supply, sending crude prices soaring, fueling inflation and forcing a…
ECB’s Wunsch signals a June rate hike unless the Ukraine war ends, driving euro gains and pressuring European bonds and stocks as…
Gold slides 2% despite inflation worries, with traders looking for a catalyst to determine the next move as the Iran crisis unfolds.
Copper, aluminum and other base metals slumped as surging inflation data stoked fears of sustained tight monetary policy, weighing on industrial demand…
Hong Kong's planned July launch of a new gold-clearing system is poised to bolster gold trading volumes and reinforce the city as…
Fed’s Paulson stressed that rate cuts hinge on measurable inflation progress, buoying the dollar, lifting bond yields, and pressuring risk assets.
Gold held losses as the Iran impasse sustained high rate hike bets, pressuring the non-yielding metal amid heightened inflation fears and hawkish…
A colossal call option wager on crude oil, tied to a potential Iran conflict, triggered a sharp rally in energy markets, underscoring…
Surging Treasury yields compound pressures on Fed Governor Kevin Warsh as the central bank wrestles with stubborn inflation and market repricing of…