Finance
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Fed Signals Cautious Approach as Inflation Shows Renewed Stickiness
Federal Reserve officials indicate a data-dependent approach as inflation remains elevated. Markets price in fewer rate cuts for 2026 amid persistent price pressures.
Fed Signals Patience on Rate Cuts
Officials emphasize data dependence as inflation remains above target.
European Stocks Climb Ahead of ECB
European markets trade higher as investors await key policy signals.
US Economic Data Shows Resilience
Jobless claims fall below expectations, signaling a still-strong labor market.
Oil Prices Edge Lower
Brent falls as stronger dollar offsets geopolitical tensions in the Middle East.
Treasury Curve Steepens After a Soft Long-Bond Auction
Demand at the thirty-year sale came in below the recent average, pushing long yields up while the front end held.
Dollar Firms as Rate Differentials Widen
The euro and yen give back ground as US short-dated yields pull further ahead of their European and Japanese equivalents.
Bank Earnings Lift European Equities
Net interest income held up better than guidance implied, and the sector led the regional benchmark higher.
Gold Holds Near a Record on Central Bank Buying
Official-sector demand has absorbed the supply that higher real yields would normally free up, leaving the metal range-bound at elevated levels.