Markets Rally After Rate Hold
Ahead of the July FOMC meeting, many analysts had warned of a surprise 25-basis-point rate hike as inflation remained above the Federal Reserve’s 2% target. That expectation strengthened the U.S. dollar in the days leading up to the decision and kept pressure on gold, stocks, and cryptocurrencies.
When the Fed ultimately held interest rates steady, markets…
President Donald Trump has warned that the United States will launch military strikes against Iran if it is determined that Tehran was responsible for attacks on U.S. targets in Jordan.
Speaking to Fox News, Trump said, “We’ll be hitting Iran hard,”…
July 29, 2026 | 11:30 PM (Sri Lanka Time)
The financial markets are closely watching tonight’s FOMC meeting, with some analysts forecasting a surprise interest rate hike. However, FinSightLK expects the Federal Reserve to keep interest rates unchanged.
If the Fed…
Iran launched several ballistic missiles in a surprise attack targeting U.S. forces stationed at a military base in Jordan, according to U.S. officials. The U.S. military said all incoming missiles were successfully intercepted, with no reported casualties or significant…
Iran is holding talks with Saudi Arabia and Oman over the Strait of Hormuz, while U.S. President Donald Trump says diplomatic discussions with Tehran are making progress.
Trump stated that “Iran came out and said we are talking,” adding that the U.S. maintains…
Global markets are closely watching the Federal Reserve’s upcoming interest rate decision after reports indicated that Citadel Securities expects a surprise 25-basis-point rate hike.
The expectation comes as inflation remains above the Fed’s 2% target, while…
Global markets welcomed signs of de-escalation after the United States and Iran paused military attacks, giving diplomatic efforts a chance to move forward. The temporary halt has raised hopes that negotiations could reduce tensions in the Middle East and improve security…
The United States is reportedly preparing for the possibility of major military operations against Iran, but President Donald Trump has not yet authorized any strikes, according to Axios, citing sources familiar with the matter.
The report also states that Trump decided…
President Donald Trump’s newly imposed tariffs are already facing a lawsuit just hours after taking effect. The legal challenge argues that the administration may have exceeded its authority in imposing the new import taxes.
Legal experts say the tariffs could face…
The Trump administration has announced that it will impose new import tariffs on dozens of countries starting just after midnight ET on Friday. According to senior administration officials, the move is aimed at addressing alleged forced labor violations linked to imported…