UK Inflation Rises to 3.1% Ahead of BoE Rate Decision 
Asian Currencies Mixed as Dollar Hits Seven-Week High After Fed Hike 
Asian Currencies Mixed as Dollar Holds Gains After Fed Rate Hike 
Trump Hopes Iran War Nears End as Yemen Fighting Escalates 
US Stock Futures Rise as Markets Brace for Fed Rate Hike 
Oil Prices Fall as U.S. Crude Inventories Rise, Middle East Risks Persist 
US Stocks Rise Ahead of Fed Rate Decision 
Trump Threatens EU Tariffs Over Canada Membership Proposal 
China’s Slower Loan Growth Becomes ‘New Normal’ as Credit Demand Weakens 
Saudi Arabia Raises Security Alerts as Houthi Attacks Threaten Oil Routes 
Asian Stocks Rise as Investors Brace for Fed Rate Decision 
Oil Prices Fall as Saudi Supply Improves, Middle East Fears Ease 
Asian Stocks Rise After Fed Rate Hike 
German 2-Year Yield Hits 2023 High as Rate Hike Bets Rise 
Iran Economic Crisis Forces Afghan Families to Return Home 
Yemen Fighting Threatens Red Sea Oil Routes 
Supertanker Orders Surge as US-Iran War Reshapes Oil Trade 
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U.S. stock futures climbed sharply on Thursday as investors reassessed the Federal Reserve’s first interest rate increase in more than three years and Treasury yields retreated from recent highs.
S&P 500 and Dow Jones futures advanced 1.3% each by 08:57 ET, while Nasdaq 100 futures jumped 1.6%. The rebound followed losses on Wall Street Wednesday after the Fed raised its benchmark rate by 25 basis points and signaled that another increase could come before year-end.
Fed Chair Kevin Warsh initially unsettled markets with comments emphasizing persistent inflation risks. Analysts at Vital Knowledge described his post-meeting remarks as “net hawkish,” reinforcing expectations that monetary policy could tighten further.
However, falling U.S. Treasury yields helped improve market sentiment Thursday. The benchmark 10-year yield declined after touching its highest level in nearly two decades earlier this week, while the rate-sensitive two-year yield also eased.
Investors also focused on changes to the Fed’s policy statement. Officials removed previous language attributing stubborn inflation partly to supply shocks and sector-specific price increases, instead describing inflation simply as “elevated.”
Bill Adams, chief U.S. economist at Fifth Third Commercial Bank, said the shift underscores the Fed’s commitment to its inflation target. Warsh also stressed the need to prevent price increases in specific sectors from spreading more broadly through the economy.
Markets are now pricing in roughly a 51% probability of another Fed rate hike in October, compared with 44% a day earlier, according to CME FedWatch data. President Donald Trump criticized the latest decision, saying interest rates remained too high.
Elsewhere, oil prices declined for a second straight session amid hopes Saudi Arabian exports could recover, although Middle East tensions kept Brent crude above $100 per barrel.
Among individual stocks, Snap gained in premarket trading after announcing an enterprise augmented reality glasses partnership with Nvidia, Amazon and Salesforce. Generac also surged after Amazon received warrants to purchase up to $340 million of its shares as part of a power supply agreement.
