Federal Reserve News

Gold Soars to Record Highs: Vietnam Prices Surge 58% Amid Global Market Uncertainty

Gold prices reach historic highs with Vietnam experiencing a 58% surge since January. Saigon Jewelry Company gold bar hits VND133.4 million per tael while global spot gold reaches ...

Fed Rate Cut Hints Fuel Asian Market Rebound After Wall Street Gains

Asia-Pacific markets show mixed performance after US gains, with Fed rate cut hints and economic data driving movements. Key indices in China decline while Japan and Australia adva...

European Markets Await ECB Meeting Minutes Amid Fed Independence Concerns

European markets traded cautiously ahead of ECB meeting minutes release, with flat premarket movement across major indices. Investors also monitored Swiss GDP, Eurozone consumer co...

Global Gold Prices Dip 1.8% Amidst Market Volatility and U.S. Rate Cut Speculations

Global gold prices experienced a 1.8% weekly decline, with spot gold closing at $3,336.66 per ounce. Vietnam's gold market remained stable, while the U.S. dollar's dip made commodi...

Gold Prices Experience Slight Dip After Reaching Historic Highs: What's Next for Investors?

Gold prices slightly decreased after reaching historic highs, with global trends showing a weekly decline due to U.S. inflation data affecting Federal Reserve rate cut expectations...

Gold Prices Set for Consolidation: Traders Await Fed Signals and Global Economic Data

Gold prices are expected to consolidate as traders focus on upcoming global economic data, central bank signals, and geopolitical developments. Key events include US housing data, ...

US Dollar Experiences Slight Decline Against Vietnamese Dong in Unofficial Markets Amid Global Inflation Concerns

The US dollar declined slightly against the Vietnamese dong in unofficial markets, as global inflation data prompts traders to adjust expectations for U.S. Federal Reserve rate cut...

U.S. Dollar Gains Against Vietnamese Dong Amid Global Currency Fluctuations

The U.S. dollar strengthened against the Vietnamese dong despite a global downturn, with Vietcombank selling the dollar at a higher rate. Globally, the dollar weakened against majo...

AI as a Cost-Cutting Tool: Barkin Predicts Shift in Business Strategies Amid Economic Pressures

Federal Reserve Bank of Richmond President Thomas Barkin discusses how companies might turn to AI to cut labor costs amid economic pressures, noting cautious hiring due to tariffs ...

Historic High: US Dollar Surges Against Vietnamese Dong Amid Global Currency Fluctuations

The US dollar reaches a historic high against the Vietnamese dong, with Vietcombank maintaining its exchange rate at VND26,450. Globally, the dollar weakens amid expectations of a ...

U.S. Interest Rate Cut in September Almost Certain: Markets Rally as Trump Narrows Fed Chair Candidates

Expectations for a Federal Reserve interest rate cut in September have surged to nearly 100%, sparking a rally in the New York stock market. President Trump's announcement of narro...

Goldman Sachs Stands Firm: Tariffs Will Hit Consumers Hard Despite Political Backlash

Goldman Sachs maintains that tariffs will largely fall on consumers, despite political criticism. Economist David Mericle predicts consumers will bear two-thirds of the burden, pot...

Chicago Fed's Goolsbee Warns: Tariffs Pose a Stagflationary Threat to Economy

Chicago Fed President Austan Goolsbee warns that tariffs could lead to stagflation, impacting inflation and productivity. He also discusses the Fed's cautious stance on potential r...

Dow Soars 460 Points as US Markets Rally on Soft Inflation Data, Setting S&P 500 Record

Wall Street closed mostly higher with the Dow Jones jumping 460 points and the S&P 500 hitting a new record, driven by a softer-than-expected inflation report. Investors are hopefu...

Nomura Predicts Federal Reserve Rate Cuts Starting September Amid Economic Shifts

Nomura Holdings Inc. expects the U.S. Federal Reserve to start cutting interest rates in September, revising earlier forecasts due to recent labor market and inflation data. Predic...

Asian Markets Show Resilience: Key Indexes Rise as Investors Digest South Korean and Japanese Economic Data

Major Asian stock indexes mostly advanced as investors analyzed South Korean and Japanese economic data. Nomura predicts Fed rate cuts in September due to unchanged inflation and w...

US Dollar Surges to Record High Against Vietnamese Dong Amid Global Market Anticipation

The US dollar reaches a new peak against the Vietnamese dong, with Vietcombank and the State Bank of Vietnam adjusting rates. Globally, the dollar remains steady as markets await a...

US and China Extend Tariff Truce: A Boost for Stock Futures as Investors Eye Inflation Data

US stock futures edged higher after the extension of the tariff suspension on Chinese imports, with investors awaiting the July inflation report amidst concerns over the consumer p...

Gold Prices Take a Dip: Analyzing the Sudden Drop from Historic Highs

Gold prices have decreased from their historic highs, with Saigon Jewelry Company reporting a 0.4% drop in gold bar prices. Global markets are now focusing on U.S. inflation data f...

Wall Street Futures Dip as Markets Await Key Inflation Data Amid Fed-Trump Tensions

Wall Street futures are mostly down as markets await the July inflation report, expected to show a slight increase from June's 2.7%. This could heighten tensions between the Federa...

Gold's Unstoppable Rally: Macroeconomic Uncertainty and Central Bank Buying Fuel Record Highs

Gold prices are poised to extend their rally due to macroeconomic uncertainty, trade tensions, and central bank buying. Analysts predict further gains, with key economic data and F...

US Stock Markets Rally Amidst Geopolitical Tensions and Federal Reserve Appointments

US stock markets opened higher despite geopolitical tensions from Israel's plan to occupy Gaza City, with significant gains in major indexes. President Trump's appointment to the F...

US Dollar Reaches Unprecedented High Against Vietnamese Dong: What's Next?

The US dollar has reached a record high against the Vietnamese dong, with Vietcombank maintaining its exchange rate at VND26,420. Globally, the dollar's strength persists despite e...

US Treasury Yields Surge as Investors Eye $67 Billion Bond Auctions Amid Economic Signals

US Treasury yields increased as the market anticipates $67 billion in bond auctions, with investors weighing new trade data and political pressures, including President Trump's cal...

Trump Expresses Satisfaction Over Vacant Fed Board Position Amid Kugler's Resignation

President Trump comments on the resignation of Federal Reserve Governor Adriana Kugler, linking it to disagreements with Fed Chair Jerome Powell, and criticizes the fired BLS Commi...

US Treasury Yields Plunge: 2-Year Note Dives 28 Basis Points Amid Economic Shifts

US Treasury yields fell sharply, with the two-year note dropping 28 basis points after a disappointing nonfarm payroll report and the resignation of a Federal Reserve Governor, sig...

Trump Predicts Stronger Dissents Within Federal Reserve Board on Monetary Policy

President Donald Trump anticipates stronger disagreements within the Federal Reserve Board on monetary policy, following dissenting votes on interest rate cuts by key Fed officials...

US Treasury Yields Take a Dive: 2-Year Yield Plunges 14 bps Amid Soft Jobs Data Surprise

US Treasury yields fell sharply after a disappointing jobs report showed only 73,000 nonfarm jobs added in July, far below expectations. This could influence the Federal Reserve's ...

Jamie Dimon Urges Caution on Federal Reserve's Interest Rate Decisions Amid Market Uncertainties

JPMorgan Chase CEO Jamie Dimon advises caution on the Federal Reserve's interest rate decisions, warning of underestimated inflation risks and overestimated rate cut probabilities,...

June Sees a 0.3% Rise in US Personal Spending Amid Inflation Surge

US personal spending and income both grew by 0.3% in June, with the PCE price index rising to 2.6% annually, indicating higher inflation than expected. Core PCE inflation also incr...

Federal Reserve's Steady Rates Spark Mixed Reactions in US Treasury Yields

US Treasury yields reacted mixedly to the Federal Reserve's decision to keep rates steady, with long-term yields falling and short-term yields rising. Investors weigh robust GDP gr...

Gold Prices Surge 1% as Fed Holds Rates Steady, Fueling Safe-Haven Demand Amid Uncertainty

Gold prices rose 1% as the Federal Reserve kept interest rates unchanged, dampening hopes for a rate cut and pushing investors towards safe-haven assets amid economic and geopoliti...