Gold Prices Tumble 3% After Hawkish Fed Speech Boosts Dollar
Gold prices fell sharply on Friday as the U.S. dollar strengthened following Federal Reserve Chair Kevin Warshs hawkish Jackson Hole speech, prompting traders to...
Daily Forex News & Market Updates
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Wall Street Slips as Warsh’s Hawkish Fed Speech Rattles Markets
Wall Street ended mostly lower on Friday after Federal Reserve Chair Kevin Warsh delivered a hawkish Jackson Hole speech that reinforced concerns about persistent...
Moody’s upgrades Nigeria outlook on stronger external position
Moody’s upgrades Nigeria outlook on stronger external position
DBS: South Korean Won Supported by Strong Exports, KOSPI Gains
BitcoinWorld DBS: South Korean Won Supported by Strong Exports, KOSPI Gains South Korean Won (KRW) is receiving solid support from robust export performance, which...
US threatens to cut third-country bank from dollar system over Iran ties
The US's financial isolation strategy could significantly impact global banking dynamics, influencing international relations and economic policies. The post US...
Fed Chair Warsh signals rate hikes may be needed with inflation still elevated
Federal Reserve Chair Kevin Warsh signaled potential interest rate hikes at his inaugural Jackson Hole speech, noting that while inflation has cooled, underlying...
Warsh pledges to slow inflation to 2%, saying Fed may have ‘work to do’
The comments by Warsh prompted futures traders to increase the odds that policymakers next month will push up the main interest rate.
Solana validators approve proposal to accelerate SOL disinflation
The approved proposal doubles Solana’s annual disinflation rate from 15% to 30%, reducing future SOL issuance while leaving its long-term inflation target...
U.S. Appeals Court Rules Against Prediction Markets, Says Sports Contracts Are Sports Bets
The Ninth Circuit Court of Appeals has dealt a huge blow to prediction markets in their fight against state regulators over their sports-related event contra...