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Inflation in the US, as measured by the change in the Consumer Price Index (CPI), declined to 2.9% on a yearly basis in July from 3% in June, the US Bureau of Labor Statistics (BLS) reported on Wednesday. This reading came in line with the market expectation. The annual core CPI, which excludes volatile food […]
EUR/USD wrapped up the trading week nearly where it started. Market balance has broadly recovered as wait to Fed cuts resumes. Coming up next week: EU GDP & US CPI inflation. EUR/USD finished off a sedate trading week close to where it began, trading within a tight range of slightly more than 1%. Fiber tried […]
GBP/USD chalked in a fourth consecutive down week. Despite early losses, Cable clawed back some ground late in the week. Coming up next week: UK and US CPI inflation updates. GBP/USD wrapped up a fourth straight week in the red, closing lower around four-tenths of one percent despite a late-week recovery from lows below the […]
Russia Consumer Price Index (MoM) came in at 1.14%, above forecasts (1.1%) in July Source link
Netherlands, The Consumer Price Index n.s.a (YoY) meets forecasts (3.7%) in July Source link
The Australian Monthly Consumer Price Index is foreseen at 3.8% YoY in June. Quarterly CPI inflation is expected to have risen at an annualized pace of 1% in Q2. The Reserve Bank of Australia will meet on August 6 to discuss monetary policy. The Australian Dollar retains its weak tone, trading against the USD at […]
The Canadian Consumer Price Index is expected to lose some traction in June. The BoC reiterated that inflation is heading towards the target. The Canadian Dollar remains stuck within the 1.3600-1.3800 range vs. the US Dollar. Canada is set to reveal the latest inflation data on Tuesday, with Statistics Canada publishing the Consumer Price Index […]
Inflation in the US, as measured by the change in the Consumer Price Index (CPI), declined to 3% on a yearly basis in June from 3.3% in May, the US Bureau of Labor Statistics (BLS) reported on Thursday. Developing story, please refresh the page for updates. Follow our live coverage of the market reaction to […]
Dow Jones struggles to shrug off early Fed-fueled declines. Fed comments came in more hawkish than expected, rattling investor sentiment. The long wait to Fed rate cuts continues as US inflation data looms ahead. The Dow Jones Industrial Average (DJIA) tumbled in early Tuesday trading after Federal Reserve (Fed) Chairman Jerome Powell delivered less-dovish-than-expected talking […]
Share: Consumer Price Index in the US is forecast to rise 3.1% in June, down sharply from the 4% increase recorded in May. Core CPI inflation is foreseen at 5% YoY in June, compared to 5.3% in May. US CPI inflation report is set to influence the Fed’s rate outlook and the US […]
Share: US stocks slammed into the close and erode the NFP knee-jerk rally. Investors rethink the US data this week and the hawkish sentiment is a dark cloud over Wall Street. The S&P 500 (US500) index fell on Friday with weakness intensifying into the close. The US Nonfarm Payrolls data from the Labor Department, which offered a […]
