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Partner Center As expected, the Federal Reserve delivered its first rate cut of 2025, lowering rates by 25 basis points as concerns about a weakening labor market finally outweighed inflation worries. Here are the top points you missed from the event: The Fed Cut Rates by 25bps, Ending Its Pause The

EU mid-market update: China assault on Nvidia continues, ordering domestic tech firms to halt chip purchases; FOMC decision in focus; UK CPI in line - above BOE target levels. Notes/observations - European stocks mixed ahead of today’s FOMC decision, with a 25bp Fed rate cut fully priced; Dot plot g

On the radarPPI in Czechia for August was released at -0.8% y/y.Inflation in Slovakia landed at 4.2%.Today, Serbia will publish current account data for July.Economic developments This week, Eurostat published updated figures on the job vacancy rate across the European Union for the second quarter o

US equities broke one more record before the widely awaited Federal Reserve (Fed) decision, while the Stoxx 600 fell more than 1% as rate-sensitive sectors including banks and insurers led the index lower. The US 2-year yield – which reflects Fed rate expectations – remained under pressure from dovi

GBP/USD rebounds from 1.3548 low to 1.3586 as Fed cut odds stand at 94% for 25 bps move.UK inflation remains near 4% ahead of employment and CPI data, limiting BoE scope to ease policy.Policy divergence seen boosting Sterling, with BoE expected to hold rates steady while Fed resumes easing cycle. Th

He said: “US inflation increased to its fastest pace in seven months in August, in what is perhaps a tentative early sign that greater trade protectionism is beginning to filter its way through to higher consumer prices. At least up until now, American businesses appear to have borne the brunt of th

The BLS revision shows that the Biden narrative was incorrect.The Labor Mkt is indeed softening.PPI and CPI today and tomorrow.FOMC next week.Try the Easy One Pan Chicken Cacciatore. And it happened… At 8:30 yesterday morning, the BLS released the long-awaited revision to the jobs data from March 20

In precious metals, Gold surged to a fresh record high with spot prices moving above $3,654/oz this morning, ING's commodity experts Ewa Manthey and Warren Patterson note. Gold prices have increased nearly 40% this year "Prices have been rising for three consecutive sessions, supported by increased

NZD/USD surges to near 0.5930 as the market sentiment turns favorable for riskier assets.Soft US NFP data for August has prompted Fed dovish speculation.NZD/USD breaks above the 200-day EMA, which trades around 0.5912. The NZD/USD pair trades 0.66% higher to near 0.5930 during the European trading s

At 1330 BST we will get the latest reading of the US Non-Farm Payrolls report. Economists are expecting a reading of 75k, up slightly from the 73K for July. The unemployment rate is expected to inch up to 4.3% from 4.2%, and average hourly earnings are expected to drop slightly to a 3.8% annual rate