|
Market Closed – USA |
5-day change | 1st Jan Change | ||
|
6,370.17 PTS |
-0.40% |
|
-1.52% | +8.31% |
Published on 08/21/2025
at 03:55 pm EDT
MT Newswires
This article is reserved for members Unlock the article: REGISTER NOW!
© MT Newswires – 2025
Select your edition
All financial news and data tailored to specific country editions
Selling pressure across most major US and European indices continued yesterday. Tensions between Russia and Ukraine persist with mutual attacks, while hawkish risks to the market’s recent dovish Federal Reserve (Fed) narrative persist. Weekly jobless claims and the Philadelphia Fed survey were broadly consistent with concerns over a slowing labour market and lingering price pressures.
Indian benchmark indices Sensex and Nifty ended lower on Friday, halting a six-day winning run, as investors turned cautious ahead of Federal Reserve Chair Jerome Powell’s remarks at the Jackson Hole symposium and braced for fresh U.S. tariffs on Indian goods, amid other headwinds weighing on sentiment. The BSE Sensex fell 693.86 points, or 0.85%,
The GBP/USD price tested 2-week lows under 1.3400 after the Fed meeting minutes. The UK economic data shows resilience, but the inflation concerns remain worrying. All eyes are now on Powell’s speech at the Jackson Hole Symposium GBP/USD price dipped to a two-week low under 1.3400 on Friday as the Greenback gained strength after the
The EUR/USD outlook remains subdued under 1.1600 on Friday. Fading bets on Fed’s aggressive easing continue to support dollar. Market participants await Powell’s speech at the Jackson Hole Symposium. The EUR/USD outlook remains subdued as the price is headed downwards today during the European session, trading under the key level of 1.1600. The pair is
These three stocks are hoping to be AI winners. The tech sector continues to be a driving force in the stock market, with artificial intelligence (AI) leading the way. With AI quickly reshaping the world we live in, this is an area where investors need some exposure if they want to benefit. Here’s a look
JACKSON HOLE, Wyo. — When Federal Reserve Chair Jerome Powell gives his last speech in Jackson Hole, Wyo., investors will be listening for whether he signals an interest rate cut is coming next month. But Powell’s outline of two bigger questions facing the Fed will shape the future of the central bank in ways that
US stocks have fallen for five days running as traders nervously await a speech from Federal Reserve chairman Jerome Powell. Central bankers are gathering for an annual summit in Jackson Hole, Wyoming, where Mr Powell could indicate whether interest rates will be cut soon. The Fed hasn’t reduced the cost of borrowing since December –
The rupee declined 11 paise to 87.36 against the US dollar in early trade on Friday amid a rise in dollar demand. However, positive FII inflows and a decline in crude oil prices prevented sharper losses in the local unit as traders awaited US Fed Chief Jerome Powell’s speech at the Jackson Hole Symposium later
