Economic news

The S&P 500 was set to open within 1% of its peak on Tuesday as investors looked to Federal Reserve Chair Jerome Powell’s remarks for...

Gold futures headed lower Tuesday, with commodity investors keeping an eye on congressional testimony by Federal Reserve Chairman Jerome Powell...

Oil futures traded on a mixed note Tuesday after global benchmark Brent crude briefly climbed above $75 a barrel for the first time in more than...

Splunk Inc said on Tuesday that it had received $1 billion in investment from private-equity firm Silver Lake, triggering an 8% jump in shares of...

Sterling fell back below $1.39 on Tuesday as the dollar strengthened, but it was still above the two-month lows it reached on Monday after the...

Gold prices edged lower on Tuesday, ceding some of the previous day’s 1%-plus gain as a dollar uptick before a speech by Fed boss Jerome...

Crude oil prices retreated on Tuesday, after Brent rose above $75 a barrel for the first time since April 2019 and as OPEC+ begins discussions on...

World shares were struggling to extend a bounce off four week lows on Tuesday, oil prices were at their highest in well over two years, while...

Yesterday is what I would call an almost perfect “Matthew Market” in FX. I’ve named it that after the line in Matthew 20:16,...

The Australian and New Zealand dollars fell on Tuesday amid further weakness in iron ore prices, as China tightens its oversight of the market and...

Japanese shares jumped on Tuesday, tracking Wall Street overnight, boosted by shipping stocks after Mitsui OSK Lines more than tripled its...

Carmaker Aston Martin said on Tuesday it was suing Nebula Project AG and its board members, claiming that the Swiss car dealer had failed to pay...

Copper prices advanced on Tuesday as the dollar paused for breath ahead of highly-anticipated testimony from U.S. Federal Reserve Chairman Jerome...

The Dutch economy is expected to recover much faster from its coronavirus slump than expected, as the rollout of vaccinations lets businesses...

Japanese government bond yields ticked higher on Tuesday, following a soft five-year JGB auction and as U.S. bond yields bounced back sharply from...

A record daily surge in COVID-19 vaccinations powered India’s benchmark stock index on Tuesday past the 53,000-level for the first time ever,...

The rally in stocks regained traction as speculation that the Federal Reserve will tighten policy at a gradual pace outweighed concern about the...

Wall Street rallied on Monday, with the Dow completing its strongest session in over three months as investors piled back in to energy and other...

Gold futures on Monday were headed modestly higher, with the precious metal attempting to claw back from its steepest weekly decline since March 2020.

Oil futures edged lower Monday amid expectations that talks toward restoring the Iran nuclear deal will drag on following the country’s...

Euro zone government bond yields were broadly steady on Monday, rising by less than one basis point, while a measure of long-term inflation...

The price gap between the world’s two most actively traded oil contracts narrowed to its lowest in more than seven months, demonstrating that...

LegalZoom is aiming for a valuation of more than $5 billion in its U.S. initial public offering (IPO), marking the online legal services...

Copper continued to fall on Monday, hitting its lowest level since mid-April after moves by China to rein in commodities price rallies and signals...

Sterling rose on Monday, re-emerging from an overnight fall to its lowest level versus the dollar since April after the U.S. Federal Reserve...

Indian shares closed higher on Monday, as gains in Nifty 50 companies Reliance Industries, Adani Ports and Special Economic Zone and Hindustan...

Global stocks recovered some losses after hitting a four-week low on Monday as investors digested last week’s surprise hawkish shift by the...

London’s FTSE 100 fell to a one-month low on Monday, as losses in travel and mining stocks outweighed gains in retail shares, while...

Gold prices rose on Monday, following sixth straight sessions of losses, as a drop in U.S. Treasury yields bolstered the non-yielding metal’s...

U.S. private equity firm Clayton, Dubilier & Rice’s (CD&R) pursuit of British supermarket group Morrisons has set up an intriguing...

The FX market is still spooked by the Fed’s change in tone. One of the key points is that the Fed has changed its reaction function. It...

By Iain Withers3 Min Read By Iain Withers Iain Withers 3 Min Read 3 Min Read * Graphic: World FX rates tmsnrt.rs/2RBWI5E tmsnrt.rs/2RBWI5E LONDON,...

Cryptocurrencies tumbled on Monday as China’s crackdown on bitcoin mining expanded to the province of Sichuan.

Japanese shares posted their biggest drop in four months on Monday, tracking Wall Street’s sell-off last week, triggered by fresh comments...

Irish ingredients giant Kerry said on Monday it will buy preservatives maker Niacet Corp for 853 million euros ($1.01 billion), investing the...

The Australian and New Zealand dollars edged higher on Monday, taking a breather after recent losses made against the greenback, which has been...

European shares fell on Monday as mining and bank stocks bore the brunt of a surprise shift in the U.S. Federal Reserve’s stance on monetary...

Gold prices gained on Monday, after posting a 6% drop last week, as a retreat in U.S. Treasury yields bolstered the non-yielding metal’s appeal.

Japanese shares slumped on Monday, tracking Wall Street’s sharp decline over the weekend, after Federal Reserve official James Bullard...

China’s first batch of REITs debuted on Monday with strong initial gains, as the nine real estate investment trusts drew interest from...

Gold futures edged higher Friday, but remained on track for the biggest weekly drop since March 2020 as the U.S. dollar jumps following a more...

Oil futures were under pressure Friday for a second day, putting the U.S. and global crude benchmarks on track for weekly losses, after the dollar...