Nasdaq trades in narrow band as market eyes Friday's CPI data
The Nasdaq is consolidating at key resistance as traders await the US CPI report for direction.
The Nasdaq is consolidating at key resistance as traders await the US CPI report for direction.
Ethereum remains rangebound between $2,360 and $2,560 as traders await US CPI data. A breakout could target either $2,100 or $3,400.
UBS says gold's recent weakness reflects Fed rate expectations, while central bank buying and fiscal concerns support the metal's long-term case.
Gold falls on Middle East escalation as inflation and Fed rate hike fears override safe-haven demand.
The US dollar ended mixed, Treasury yields rose, and stocks fell as traders awaited inflation data. Oil rebounded on Middle East tensions, while gold dropped.
NY Fed survey finds stable inflation expectations but highest fear of rising unemployment since April 2020.
US government bonds suffered their worst 10-year returns in over two centuries, losing roughly 2% a year. Bitcoin faces pressure as yields rise.
US gasoline and diesel prices remain high amid Middle East tensions, with oil supply risks and increasing rate-hike expectations globally.
Bitcoin sees sharp moves after Fed comments and jobs data. Focus turns to US CPI and FOMC.
Bond yields rise with 10-year Treasury at 4.80%, stocks fall, and gold faces headwinds as markets await CPI and central bank decisions.
The yen strengthened to a seven-month high, extending USD/JPY's slide as traders await US CPI and BoJ guidance.
European stock markets opened slightly lower on Wednesday, weighed by rising oil prices, bond yields, and geopolitical tensions.
UBS recommends equities, bonds, and gold as Fed rate hike odds rise to 60%.
Wharton professor Jeremy Siegel says midterm elections and Trump pressure are preventing the Fed from raising rates.
South Korean stocks rallied, led by Samsung and SK Hynix, while Wall Street futures declined amid inflation concerns and higher oil prices.