US Treasury warns against rate hikes during US-Iran war energy ‘shock’
Despite Treasury’s Scott Bessent’s remarks, financial tracker CME Fed Watch forecasts rate hike in December likely.

Despite Treasury’s Scott Bessent’s remarks, financial tracker CME Fed Watch forecasts rate hike in December likely.









Global markets are being roiled due to concerns over US data centre expansion and AI regulation.
Asian markets plunged Friday, tracking a sell-off in Western stocks following the US midterm elections.
Tech stocks lead US market slide as investors weigh impact of midterm election results on AI industry.

Protests have erupted across Paraguay after Ueno Bank was shut down in the middle of the night over a solvency crisis.
Nasdaq, Dow, and S&P 500 open higher after Democrats take control and Trump accepts results.
Brent crude prices are up more than 60 percent compared with pre-war levels, despite rebound in supply.
The United Kingdom’s government says its policies are for the ‘working people of Britain’.
The central bank increased the key rate by a quarter point as soaring energy prices pushed up inflation.
Benchmark Tel Aviv 125 index falls more than 3 percent amid uncertainty over who will lead the next government.
Asian markets make gains, following strong showing for US tech stocks.