U.S. Markets
LATEST NEWS FROM U.S. MARKETS
U.S. Markets
US single-family home prices edge up in March, FHFA says
U.S. single-family house prices edged up in March, but further increases are unlikely as the war with Iran pushes mortgage rates higher, dampening housing demand.
U.S. Markets
Mapping the Market: A big test for dollar’s recovery is approaching
The dollar has been cautiously proceeding with a recovery after losing all of its initial Iran-war gains by early May, and it is now drawing close to levels that would lead techn...
U.S. Markets
Warsh elected chair of U.S. Fed's rate-setting committee
The U.S. Federal Reserve on Friday said Kevin Warsh had taken the oath of office as chairman and member of the Board of Governors, and that its interest-rate-setting Feder...
U.S. Markets
Fed's Waller's ready to axe 'easing bias,' says rate-cut talk now is 'crazy'
The Fed held interest rates steady at its last meeting and is expected to do so again when policymakers gather on June 16-17 for the first time under the new Fed chair.
U.S. Markets
Level-setting the Warsh Fed, in Warsh's own words
Kevin Warsh has been a sharp critic of the Federal Reserve for the last 15 years, ever since leaving his job there as a governor in 2011. His own words serve as a baseline for what...
U.S. Markets
Mapping the Market: Dollar testing the water for recovery
The dollar has surrendered almost all of the gains it made since the start of the U.S.-Iran war as the initial flight to safety into the U.S. currency gave way to ceasefire and ho...
U.S. Markets
Fed's Goolsbee says he's disappointed by latest inflation read
Chicago Federal Reserve President Austan Goolsbee said on Tuesday that the government's report showing accelerating consumer inflation last month contained the "unexpected disap...
U.S. Markets
Mapping the Market: Energy shares may be in for a fall if warning is confirmed
U.S. energy shares have had a strong year, driven in part by rising oil prices in response to the Iran war, but the gains have come with a lot of volatility, and now charts are fl...
U.S. Markets
Australia's tax reforms expected to knock some heat out of housing market
Australia's government expects its ambitious reforms to the way it taxes property investments to take some of the immediate heat out of one of the world's least affordable housin...
U.S. Markets
IMF projects $2.5 billion in 2026 net income despite high uncertainty
The International Monetary Fund said on Friday its board expects net income of about $2.5 billion in the 2026 financial year, following the annual review of its income position f...
U.S. Markets
Mapping the Market: Iran optimism could set up the dollar for a steeper fall
The dollar rose during the Iran war due to its status as a safe-haven currency. With investors now increasingly optimistic about a resolution to the conflict, the greenback is loo...
U.S. Markets
World food prices rise to more than three year high in April, FAO says
World food prices climbed in April to their highest in more than three years, with vegetable oils particularly elevated due to the Iran war and the effective closure of the Strait...
U.S. Markets
Mapping the Market: S&P 500 may be gearing up for even more aggressive rally phase
The U.S. stock market rally has gone into overdrive, fueled by AI optimism and euphoria over Iran-war peace hopes, which has brought the S&P 500 to the verge of an important set o...
U.S. Markets
Fed's Goolsbee says rising productivity could restrain inflation or boost it
Rising productivity won't necessarily lower inflation and could actually increase it if businesses and households anticipate future gains and begin to increase spending, leading ...
U.S. Markets
Fed's Musalem: Risks have shifted towards higher inflation
St. Louis Fed President Alberto Musalem said Wednesday the risks to monetary policy have shifted towards higher inflation, possibly requiring interest rates to stay on hold for so...
U.S. Markets
US long bonds over 5% - buy or beware?
The U.S. long bond yield has crossed 5% at least eight times in three years and never held there. Whether dragons or buyers lie above that level is a critical question for a global...
U.S. Markets
Mapping the Market: US yields are forming pattern that augurs a rise
A chart pattern is developing in the benchmark 10-year Treasury yields, which could predict that one of the most important rates in the U.S. economy is set to rise.
U.S. Markets
Fed's Williams says more agreement on FOMC than dissents imply
Federal Reserve Bank of New York President John Williams said Monday that there’s more agreement on the rate-setting Federal Open Market Committee than last week’s policy vot...
U.S. Markets