A hotter-than-anticipated US inflation print has nudged gold lower, reinforcing market expectations that the Federal Reserve will deliver a rate increase at its upcoming meeting this week.
The FOMC meets on September 16 to set policy, yet the very PCE data underpinning the hawkish case will be revised by the BEA on September 30. For forex traders, the sequencing creates a rare window where waiting a single meeting may prove more defensible than acting on numbers the government itself is about to update.
Ripple stablecoin head Jack McDonald outlined a $13 trillion opportunity in corporate treasuries for RLUSD, while the firm prepares to launch under Europe's MiCA framework, a move with direct implications for the FX and payments landscape.
Saudi Arabia has halted operations on its critical East-West crude pipeline after drone strikes traced to Iraq, pushing oil prices above $100 a barrel and intensifying pressure on the US dollar and Gulf currencies amid a widening regional conflict.
All three major wheat markets closed lower on Friday after the USDA raised world stock figures to 276.29 MMT, while weekly US export sales came in well below trade expectations.
American stocks ended a four-day losing streak as a pause in oil's sharp advance provided relief that cushioned the impact of a hotter-than-expected consumer inflation print.
Peru's central bank kept its benchmark lending rate unchanged for a twelfth consecutive month, signaling confidence that a recent uptick in inflation is likely to fade.
Ethereum has maintained its position above the $2,400 level as newly released Producer Price Index data reinforced expectations of further monetary tightening, adding pressure on risk assets.
Dell Technologies and Hewlett Packard Enterprise emerged as the S&P 500's top performers, buoyed by Oracle's strong earnings report that signaled healthy demand across the hardware supply chain.
US stock indexes closed higher on September 11, 2026, as the August CPI print matched consensus and oil prices dropped, even as the probability of a Federal Reserve rate hike next week climbed to 88% and trade tensions with Canada continued to cloud sentiment.
Japan's corporate goods prices climbed at a steeper rate than analysts anticipated in August, lending further momentum to the Bank of Japan's campaign of tightening monetary policy to contain inflationary pressures.
Asian stock markets dropped in tandem with Wall Street losses, as oil prices climbing past $101 a barrel reignited concerns about persistent inflation and pushed Treasury yields higher.
The CFTC has asked a federal court to throw out CME Group's lawsuit, arguing the exchange cannot demonstrate any actual financial harm and that any registered venue is free to list perpetual futures on digital assets.
Crude rose in early Asian trading after reports of no progress in U.S. and Iran talks aimed at reopening the Strait of Hormuz, a crucial oil shipping lane.
UK betting exchange Smarkets is simultaneously seeking a CFTC license and state sportsbook permits in the U.S., citing legal uncertainty over federal preemption and the growing role of sports contracts in its trading volume.
A hotter-than-anticipated US inflation print has nudged gold lower, reinforcing market expectations that the Federal Reserve will deliver a rate increase at its upcoming meeting this week.
The FOMC meets on September 16 to set policy, yet the very PCE data underpinning the hawkish case will be revised by the BEA on September 30. For forex traders, the sequencing creates a rare window where waiting a single meeting may prove more defensible than acting on numbers the government itself is about to update.
Ripple stablecoin head Jack McDonald outlined a $13 trillion opportunity in corporate treasuries for RLUSD, while the firm prepares to launch under Europe's MiCA framework, a move with direct implications for the FX and payments landscape.
Ethereum has maintained its position above the $2,400 level as newly released Producer Price Index data reinforced expectations of further monetary tightening, adding pressure on risk assets.
Federal authorities partnered with CrowdStrike to dismantle the Sality botnet, a malware operation that used clipboard-hijacking tools to siphon over $150,000 in cryptocurrency from victims worldwide since 2003.
Digital dollar advocates believe blockchain payment rails could render SWIFT obsolete, while banking executives counter that the 11,500-institution network is positioned to absorb the technology rather than be displaced.
Dell Technologies and Hewlett Packard Enterprise emerged as the S&P 500's top performers, buoyed by Oracle's strong earnings report that signaled healthy demand across the hardware supply chain.
American stocks ended a four-day losing streak as a pause in oil's sharp advance provided relief that cushioned the impact of a hotter-than-expected consumer inflation print.
US stock indexes closed higher on September 11, 2026, as the August CPI print matched consensus and oil prices dropped, even as the probability of a Federal Reserve rate hike next week climbed to 88% and trade tensions with Canada continued to cloud sentiment.
Asian stock markets dropped in tandem with Wall Street losses, as oil prices climbing past $101 a barrel reignited concerns about persistent inflation and pushed Treasury yields higher.
Market Highlights
Indicative FX reference rates against the US dollar. · Updated 14 Sept, 00:02 UTC