Latest news with #RateCuts
Wall Street Journal
13-08-2025
- Business
- Wall Street Journal
'Fear Gauge' Hits 2025 Low After Hopes Build For Rate Cuts
'Fear Gauge' Hits 2025 Low After Hopes Build For Rate Cuts Wall Street's fear gauge is plumbing new lows for this year. The Cboe Volatility Index, or VIX, recently stood 1.6% lower at 14.49. The VIX settled at 14.73 on Tuesday, the lowest end-of-day level since Dec. 26.
Wall Street Journal
08-08-2025
- Business
- Wall Street Journal
Asian Currencies Consolidate; New Fed Governor Nominee May Underpin
0120 GMT — Asian currencies consolidate against the dollar in the morning session. President Trump said that he would nominate Stephen Miran, head of the White House Council of Economic Advisers, to fill a vacancy on the Fed's Board of Governors on a short-term basis. 'Miran has been very critical of U.S. Fed policy and would likely advocate for cuts,' NAB's Tapas Strickland says in a commentary. 'This makes at least two rate cuts by the end of the year much more probable,' the head of Market Economics adds. USD/KRW edges 0.1% higher to 1,384.90, USD/SGD is little changed at 1.2831, and USD/CNH is steady at 7.1826, LSEG data show. (
Yahoo
05-08-2025
- Business
- Yahoo
Gold Steadies After Extended Gains on Weak US Job Data
(Bloomberg) -- Gold edged lower on Tuesday, following two days of gains on weak US jobs data. PATH Train Service Resumes After Fire at Jersey City Station Mayor Asked to Explain $1.4 Billion of Wasted Johannesburg Funds Chicago Curbs Hiring, Travel to Tackle $1 Billion Budget Hole Seeking Relief From Heat and Smog, Cities Follow the Wind Bullion traded near $3,353 an ounce in London, down 0.6%. Traders are increasingly pricing in US rate cuts after Friday's weak employment report, assessing a 93% chance that the Federal Reserve will lower benchmark borrowing costs when it reconvenes next month. Lower rates typically boost the price of gold, which doesn't pay interest. Bullion has gained nearly 30% this year amid escalating trade wars and geopolitical conflicts, along with central bank buying and bets on rate cuts. Investors and analysts see more gains ahead, with Fidelity International forecasting bullion could hit $4,000 an ounce by the end of next year. The Bloomberg Dollar Spot Index was up 0.2%. Silver was flat, while palladium and platinum declined. AI Flight Pricing Can Push Travelers to the Limit of Their Ability to Pay Russia's Secret War and the Plot to Kill a German CEO Government Steps Up Campaign Against Business School Diversity What Happens to AI Startups When Their Founders Jump Ship for Big Tech How Podcast-Obsessed Tech Investors Made a New Media Industry ©2025 Bloomberg L.P. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Bloomberg
09-06-2025
- Business
- Bloomberg
Bloomberg Surveillance TV: June 9, 2025
- Andrew Hollenhorst, Chief US Economist at Citi - Elizabeth Economy, Senior Fellow at the Hoover Institution - Francisco Blanch, Head: Global Commodities at Bank of America - Claudia Sahm, Chief Economist at New Century Advisors Andrew Hollenhorst, Chief US Economist at Citi, discuses his outlook for the US economy and why his team is changing their rate cut prediction for 2025. Elizabeth Economy, Senior Fellow at the Hoover Institution, discusses the latest developments in US-China trade negotiations. Francisco Blanch, Head: Global Commodities at Bank of America, talks about the outlook for commodities and oil and energy prices globally. Claudia Sahm, Chief Economist at New Century Advisors, breaks down the health of the labor market and where it's trending in 2025.
