Central-Bank Week Opens With Dollar Up, Stocks Down
The dollar rises against major currencies while US stock futures fall on AI concerns and Middle East tensions, as markets await Fed, BOE, and BOJ decisions.
The dollar rises against major currencies while US stock futures fall on AI concerns and Middle East tensions, as markets await Fed, BOE, and BOJ decisions.
European markets fell as oil surged and Fed rate hike bets topped 90%, with AI concerns also weighing on stocks.
South Korea's economy is booming on AI chip demand, but the Bank of Korea warns the concentration poses a financial stability risk if the cycle turns.
Rate hike expectations rose across major central banks last week after oil surged past $100, stoking inflation fears.
Central banks in the U.S., U.K., and Japan meet this week, along with key inflation data from Canada, the U.K., the U.S., Japan, and the Eurozone.
Goldman, JPMorgan and HSBC now expect a 25-bps Fed hike in September, with some predicting further moves.
Oil prices climbed after Saudi pipeline attacks and a drop in Hormuz traffic, keeping inflation worries in focus before the Fed decision.
Trump urges lowest US rates despite inflation data, markets see 86% chance of Fed hike Wednesday.
The yen has risen nearly 4% this month ahead of Fed and BOJ meetings, with rate decisions set to determine its next move.
Cramer likens 2026 conditions to the run-up to the 2018 selloff and advises trimming winners and holding cash rather than exiting.
Bitcoin trades near $77,250 as markets price 86.5% chance of Fed rate hike on Wednesday; Treasury's role in digital dollars debated.
Morgan Stanley warns of a possible stock market correction within 30 days, citing oil prices and AI concerns. Monday may bring the first test.
The US housing market saw a record surplus of sellers over buyers in August, raising concerns for stocks and Bitcoin as high rates pressure demand.
Gold near $4,347 neckline; CPI data may decide if break to $3,950 occurs. Pattern unconfirmed.
Bitcoin faces near-term pressure from hot inflation data but long-term support from a failed Treasury buyback program, per CoinShares.