Economic Basics & Inflation

1+ hour, 16+ min ago   (332+ words) "The picture in fx markets, however, was far less clear-cut. Immediately after the release, the US dollar appreciated as one would have expected. Yet the move quickly lost momentum. Before long, EUR/USD was at times trading above its pre-release…...

1+ hour, 32+ min ago   (400+ words) The Australian Dollar (AUD) is down against its major currency peers, trading 0.45% lower at around 0.7135 against the US Dollar (USD) during the European trading session on Monday. The Australian currency tumbles as market sentiment turns risk-averse due to a further…...

6+ hour, 34+ min ago   (441+ words) The decision to increase key interest rates by 0.25%, following yesterday's meeting of the Governing Council of the European Central Bank (ECB), is deemed "necessary," according to a written statement by the Governor of the Central Bank of Cyprus (CBC), Christodoulos…...

4+ hour, 20+ min ago   (532+ words) Asia tech, chip stocks tumble as AI trade doubts deepen before Fed, BOJ decisions Iran-UAE talks put Hormuz in focus as AI strategy’s refining bet climbs 40% Oil prices up over 3% following new strikes on Saudi, Strait of Hormuz Shares skid…...

4+ hour, 40+ min ago   (325+ words) Net add-on rates rose 0.57 percentage points, shifting burden to borrowers as loan growth caps tighten ◇When loan benchmark rate drops 0.72 percentage points, actual rate falls 0.15 percentage points However, the actual household loan rates at these 14 banks decreased only from 5.68% to…...

6+ hour, 9+ min ago   (664+ words) SINGAPORE, Sept 14 (Reuters) - The dollar firmed on Monday, with the yen wobbling near a seven-month high as investors pondered possible rate hikes from the Federal Reserve and Bank of Japan later this week, while rising oil prices due to the…...

5+ hour, 29+ min ago   (153+ words) The Indonesian rupiah slipped toward IDR 17,650 per U.S. dollar on Monday, weakening for a third session as the U.S. dollar index continued to firm ahead of the Fed’s upcoming policy meeting. The currency also faced pressure from a jump in oil prices,…...

7+ hour, 36+ min ago   (674+ words) Social Security recipients could see their biggest benefit increase in three years in 2027 as inflation continues to run hot. The Social Security cost-of-living adjustment, or COLA, is expected to be 3.5% next year, according to a new estimate from Mary Johnson,…...

5+ hour, 4+ min ago   (162+ words) Gold prices fell in Pakistan on Monday, according to data compiled by FXStreet. The price for Gold stood at 38,570.38 Pakistani Rupees (PKR) per gram, down compared with the PKR 38,775.60 it cost on Friday. The price for Gold decreased to PKR…...

35+ min ago   (96+ words) Maurices Adds Second Avenue to an Upsized FILO as Retail ABL Reprices Capacity Shows Up in Equipment and Non‑Bank Channels — and One Borrower Leaves Its ABL Behind Collateral Lessons From LIV Golf, New Fortress, and a Covenant Reset at…...