US stocks opened sharply higher on Thursday morning after President Trump announced a “full and comprehensive” trade agreement between the United States and the United Kingdom, fuelling optimism across global markets and lifting investor sentiment.As of 9:32 a.m., the Dow Jones Industrial Average climbed 218.81 points, or 0.53%, to 41,332.78, following the President’s post on…
US Wall Street experienced a significant sell-off on Wednesday, accompanied by a declining dollar, following pessimistic remarks from Federal Reserve Chair Jerome Powell and concerns over semiconductor company Nvidia. The market atmosphere shifted from its previous stability, prompting investors to seek refuge in gold, which surpassed $3,300 per ounce.Despite positive retail sales figures, US equities…
Gold and silver prices reached fresh record levels on Monday, surging by Rs 1,300 each, driven by strong global market trends amid rising concerns over US tariffs, trade tensions, and expectations of monetary policy easing by the Federal Reserve.According to the All India Sarafa Association, gold of 99.9% purity surged by Rs 1,300, hitting an…
Federal Reserve Chair Jerome Powell announced that the US central bank will be keeping its interest rates unchanged for now, citing inflation levels which fall above Fed’s 2 per cent target and a solid job market. Speaking before the Senate Banking Committee on the first of a two-day testimony, Powell hinted that the central bank…
The Federal Reserve kept its benchmark lending rate unchanged at between 4.25 percent and 4.50 percent on Wednesday, despite pressure from President Trump for further cuts in the first rate decision following his return to office.The central bank said that the unemployment rate has “stabilized at a low level in recent months, and labor market…
US Dollar Fact: दुनिया की सबसे शक्तिशाली करेंसी मानी जाने वाली अमेरिकी डॉलर में कई तरह के सिंबल होते हैं, जिनका अलग-अलग मतलब होता है. अगर डॉलर को ध्यान से देखेंगे तो, तो इसमें हरे रंग का एक मुहर भी आप देख पाएंगे. क्या आपको पता है कि डॉलर पर हरा मुहर क्यों लगा होता…
WASHINGTON : The Federal Reserve cut its key interest rate on Wednesday by a quarter-point — its third cut this year — but also signaled that it expects to reduce rates more slowly next year than it previously envisioned, largely because of still-elevated inflation. The Fed’s 19 policymakers projected that they will cut their benchmark…