Federal Reserve Chair Jerome Powell struck a more dovish tone at the ECB Forum on Central Banking, stating that "the recent disinflationary trend has been encouraging" and that the committee is "carefully evaluating" the timing of rate reductions. US Treasury yields dropped sharply, with the 10‑year falling to 4.28%, while equities surged.
Read full storyMarket News – Latest Headlines & Analysis
Real‑time financial news, central bank updates, and market‑moving events curated for traders and investors.
Top Stories
Gold Hits New All‑Time High Above $2,480 as Dollar Weakens
Safe‑haven demand and dovish Fed bets propel gold to record levels; silver also rallies 3%.
ECB Leaves Rates Steady, Signals June Cut as Economy Stutters
Lagarde says "data‑dependent" but acknowledges weakening growth; markets now see 90% chance of a June rate cut.
OPEC+ Extends Supply Cuts Through Q3, Oil Jumps to $82
Saudi Arabia and Russia lead the decision to keep voluntary cuts in place, citing "market stability" concerns.
Japan Warns of "Decisive Action" as USD/JPY Tests 162.00
Finance Minister Suzuki says recent yen moves are "speculative and disorderly," raising intervention fears as USD/JPY spikes.
China Announces $140 Billion Stimulus Package to Boost Growth
Beijing unveils new infrastructure spending, tax breaks, and property market support to hit 2026 GDP targets.
Nvidia Surges 6% as AI Demand Drives Record Q2 Guidance
Chipmaker raises revenue outlook to $30B, citing "insatiable" demand for AI processors from cloud and enterprise clients.
US Consumer Spending Rises 0.4% in May, Beating Forecasts
Personal consumption expenditures increase solidly, while core PCE inflation prints 2.6% YoY, in line with expectations.
BoE's Bailey Says "Too Early" to Celebrate Inflation Victory
Governor warns that services inflation and wage growth remain sticky, pushing back on market expectations of a rate cut in August.
Disclaimer: This market news is for informational purposes only and does not constitute financial advice. Always verify information from official sources before making trading decisions.
Trade the News with Exness
Stay ahead of market moves with ultra‑low spreads, lightning‑fast execution, and real‑time news integration on the Exness platform.
Open Account