World News by Wild Rose

A resurgence in oil prices dragged down stocks and bonds, stoking concerns about inflation just days ahead of the Federal Reserve decision on interest rates. Brent crude settled near $117 as a flare-up in Middle East violence threatened supplies. Most S&P 500 firms fell even as selling pressure on tech shares abated. A gauge of chipmakers edged up, but posted its longest weekly drop since November. The Dow Jones Industrial Average slipped 1.2%. Treasuries relinquished a portion of the previous session’s rally. Co-Host of Odd Lots, Joe Weisenthal says it's important to the US Economy that tech companies fire on all cylinders. (Source: Bloomberg)

Can someone explain this?

Gold dipped as a flareup in Middle East hostilities raised inflation risks, even as the Federal Reserve is still expected to keep interest rates steady in the near term.

Mark Cabana, co-head of global rates strategy at BofA Securities, discusses the Federal Reserve’s upcoming interest-rate decision and what he sees as policy outlook divisions within the Fed. He speaks on “Bloomberg Surveillance.” (Source: Bloomberg)

The Dow rose 1.02% and the dollar index fell 0.2% on Tuesday as Brent settled at US$108.79. The Federal Reserve decides on 28 October. The post Dow Gains 1% as Dollar Slips, UK Inflation Due | Global Economy, Oct 21 appeared first on The Rio Times.

Gold held a decline as conflicting signals on efforts to end the Iran war clouded the outlook for inflation and the Federal Reserve’s path for interest rates.

Treasuries rose as benchmark oil prices retreated from the highest levels in weeks, prompting traders to trim wagers on Federal Reserve interest-rate hikes over the coming year.

At first glance, the past week’s inflation data look hot enough to change the Fed debate, but the details were less alarming: Inflation breadth narrowed, and traders expect PCE inflation later this month to tell a similar story. Jennifer Lee, Senior Economist at BMO Capital Markets, discusses global tightening and her outlook for the Fed's inflation fight. (Source: Bloomberg)

The dollar is about to break a four-week winning streak after remarks from Federal Reserve Chairman Kevin Warsh failed to give it a lift.

Metals — including copper, aluminum and zinc — rebounded in London after a shaky few days of trading fueled by fears of more aggressive tightening by the Federal Reserve.

Copper declined with other base metals after stronger-than-expected US consumer prices spurred bets on more aggressive tightening by the Federal Reserve.

A rout in global technology hardware stocks extended Thursday, as Asian chipmakers followed US peers lower on worries over Federal Reserve interest rate hikes and AI funding difficulties.

Gold held a decline as a jump in US inflation stoked worries the Federal Reserve will have to raise interest rates further to keep prices under control.

A forecaster who was early to call the most recent Federal Reserve rate hike now says a bigger, half-percentage-point rate increase could be on the table in December.

Stocks joined bonds lower as the fastest increase in inflation since April bolstered bets the Federal Reserve will keep lifting interest rates amid elevated energy costs.  Kenneth Tropin, Chairman and Founder of Graham Capital Management, discusses the firms quant and discretionary investing strategies. (Source: Bloomberg)

The dollar strengthened to the highest level in over a year as hot US inflation reading pushed traders to add to bets that the Federal Reserve will raise interest rates.

Federal Reserve Vice Chair for Supervision Michelle Bowman said that although inflation remains above the central bank’s goal, “I think we have some time to wait and see how financial conditions and the economy evolves.” She spoke Wednesday with Institute of International Finance CEO Tim Adams at the IIF Annual Membership Meeting in Bangkok. (Source: Bloomberg)

Gold held a two-day decline after a Federal Reserve official signaled one more interest-rate hike may be needed this year, but further tightening won’t be necessary in 2027, improving sentiment toward the precious metal.

Asian stocks looked set for broad gains on Wednesday after US equities recovered from session lows on signals that the Federal Reserve may not need to raise interest rates aggressively next year.

Stocks bounced from session lows as speculation the Federal Reserve won’t be forced to raise rates aggressively offset lingering worries about elevated oil prices and the outlook for artificial intelligence. Keith Lerner, CIO and chief market strategist at Truist Advisory Services, says the four-year-old bull market has room to run, with AI and technology still central to its prospects. He speaks with hosts Carol Massar and Tim Stenovec on Bloomberg Businessweek Daily. (Source: Bloomberg)

Bond traders added to bets on further losses in Treasuries before inflation data that will help shape expectations for Federal Reserve policy through year-end.

Veronica Clark, US economist at Citi Research, points to slowing economic activity outside of Artificial Intelligence and suggests that a modest increase in inflation could keep the Federal Reserve on hold in October and December. She speaks on “Bloomberg Surveillance.” (Source: Bloomberg)

Lou Crandall, the Wrightson ICAP chief economist whose dispatches on Treasury financing and Federal Reserve operations became required reading across trading desks for nearly half a century, announced he’s ending his weekly commentary.

Bond traders are looking to the latest consumer-price inflation figures and a planned appearance by Federal Reserve Chairman Kevin Warsh for insight into how quickly the central bank will continue raising interest rates.

Equity option traders will be looking for the market to break out of its inertia as tech company earnings collide with a Federal Reserve meeting and US midterm elections.

Trump began efforts to remove Cook as one of the governors on the US Fed Reserve Board in 2025 and litigation is on.

St. Louis Fed President Alberto Musalem warned against a broader resurgence in inflation and signaled that interest rates may need to rise over the next six to nine months, even as the U.S. economy remains strong. Musalem spoke with Bloomberg's Michael Mckee at The Bloomberg Future of Fixed Income Forum in New York. (Source: Bloomberg)

St. Louis Fed president Alberto Musalem said that interest rates will have to increase over the next six to nine months in order to bring inflation down in a 'timely manner,' but stopped short of endorsing a rate hike at the Fed's October meeting. Musalem, speaking with Bloomberg's Mike McKee at the Future of Fixed Income conference in New York, said that he goes into every meeting without 'prejudging' the outcome. (Source: Bloomberg)

Federal Reserve Bank of St. Louis President Alberto Musalem signals interest rates should increase over the next six-to-nine months to help inflation return to the central bank’s 2% target. He speaks during an interview with Bloomberg's Michael McKee at the Future of Fixed Income conference in New York. (Source: Bloomberg)

Brij Khurana, senior managing director and fixed income portfolio manager at Wellington, and Kelsey Berro, fixed income portfolio manager at JPMorgan Asset Management, join Scarlet Fu on "Bloomberg Real Yield." A rally in oil prices rippled through global markets, sending stocks lower and whipsawing bonds on worries that higher energy costs will fuel inflation and force the Federal Reserve to boost rates. (Source: Bloomberg)