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British Pound consolidates vs USD; bearish bias remains amid divergent Fed-BoE outlook

The GBP/USD pair consolidates above mid-1.3300s during the Asian session on Tuesday and remains within striking distance of its lowest level since July 30, touched last week.

NIKE (NKE)’s Dow Seat Hangs in the Balance as Share Price Slumps

NIKE, Inc. (NYSE:NKE)’s falling share price is putting its place in the Dow Jones Industrial Average at risk. Reuters reported that Nike’s stock was around $36, giving it just a 0.4% weighting in the ...

US Treasury Secretary Bessent says all Iranian airlines to shut down worldwide by September 23

US Treasury Secretary Scott Bessent said that Iranian airlines could effectively be shut out of international travel from September 23, as the United States threatens foreign companies with secondary ...

Qatar’s LNG Loss Revives Projects From Argentina to Timor-Leste

With 17% of Qatar’s LNG export capacity disabled and Gulf shipments disrupted, buyers arrived at Gastech looking for gas from somewhere else. Organizers valued the agreements announced or advanced in ...

RBA’s Hunter backs more hikes as inflation risks entrench

The Reserve Bank of Australia (RBA) Assistant Governor Sarah Hunter confirmed the need for further rate hikes this year, to keep inflation in check. This has increased the chances for a rate increase ...

SoftBank’s $50bn data centre group slows IPO

Masayoshi Son-backed company faces market fears over an AI slowdown and lacklustre interest in new debt sale

Gold declines to near $4,350 on rising odds of Fed rate hike

Gold price (XAU/USD) declines to near $4,365, snapping the two-day winning streak during the early Asian session on Tuesday. The precious metal loses ground on the prospect of further monetary tighten ...

Jim Cramer drops another stock market warning

The “Mad Money” host sees a decades-old pattern returning under new leadership.

NZD/USD Price Forecast: Bears lean on 0.5700 as RSI sinks

The New Zealand Dollar extends its losses for the second straight trading session, down 0.13% after last week’s Fed rate hike and a hawkish tilt within the board, which was reinforced by speeches of F ...

Hyster-Yale (HY) Stock Declines While Market Improves: Some Information for Investors

Hyster-Yale (HY) concluded the recent trading session at $32.6, signifying a -2.8% move from its prior day's close.

Lockheed Martin lands $1.2B Army deal for PrSM missiles

Inflation. The Iran War. A Hawkish Fed. Soaring Bond Yields. And Concerns About Artificial Intelligence. The Stock Market Faces Many Hurdles, But Only 1 Metric Truly Matters Right Now

The market has faced no shortage of obstacles this year.