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Home > Latest

Lates News

date
31/10/2026
New York futures gold falls below $3,900/oz, down 3.26% intraday.
Latest
11 m ago
The head of the U.S. Securities and Exchange Commission's enforcement division said the agency is reviewing disclosures by artificial intelligence companies.
13 m ago
The Dow fell 1.00% and now stands at 51,817.922 points; the Nasdaq fell 3.17% and now stands at 25,355.149 points; the S&P 500 fell 1.94% and now stands at 7,570.400 points.
15 m ago
Pakistan military spokesman: Additional troop deployment to Saudi Arabia depends on the situation and political decisions.
16 m ago
The Houthis said that in the past 24 hours, Saudi warplanes carried out 93 airstrikes and missile strikes on civilian targets in the capital Sanaa and the provinces of Al-Jawf, Taiz, Saada, Marib, Dhamar, Hajjah, Ibb and Lahij. These attacks were carried out by F-15 and Typhoon fighter jets taking off from Khamis Mushait and Taif military bases, while the missile strikes came from Najran and Jizan. This brings the total number of airstrikes and missile strikes by the Saudi-led coalition since the escalation of the conflict to 3,689.
17 m ago
Dallas Fed President Logan said on Friday that under the current economic outlook, the Federal Reserve needs at least two more 25-basis-point rate hikes, raising the policy rate by a cumulative 50 basis points, and then pause to assess economic and financial conditions before deciding on next steps. Logan participated this week in the Fed's 10-2 vote supporting keeping the federal funds rate target range at 3.75%4.00%. Logan believes inflation still needs to be further suppressed, and the policy rate should be raised by at least another 50 basis points to sufficiently restrict the economy and push inflation back to the 2% target. She noted that the outlook for technology investment and geopolitical conditions are causing volatility in financial markets, and in this environment, gradual policy adjustments help households, businesses, and market participants adapt to higher interest rates and reduce the risk of an unnecessarily sharp deterioration in economic activity. Logan also stressed that the Fed should clearly communicate its policy goals, which differs from Fed Chair Warsh's view that such policy guidance should be provided only during crises. She believes the current financial environment is still supporting economic growth, and the rise in long-term borrowing costs mainly reflects investors' expectations of stronger growth and higher interest rates rather than an independent drag on the economy. Even if the Fed skips a rate hike at one meeting, it would not change the ultimate policy goal; as long as the market understands the Fed's policy plan, the specific timing of rate hikes has limited impact on the long-term rates borne by borrowers.
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