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AUGUST INFLATION DATA
India's wholesale inflation accelerates to 9.92% in August from 9.78% in JulyIndia’s wholesale inflation accelerated to 9.92% in August from 9.78% in July, slightly above the 9.89% expected in a Reuters poll. Consume...
Gold prices dip as oil-driven inflation concerns weighGold prices witnessed a slight decline, primarily driven by surging oil prices, raising inflation worries among traders. With an 86% probab...
US consumer prices accelerate in August, push Fed closer to rate hikeIn August, consumer prices surged, strengthening the anticipation of Federal Reserve rate hikes. The core inflation saw its most substantia...
US budget deficit shrinks in August, year-to-date flat at $1.97 trillionThe US federal budget deficit decreased significantly in August. This reduction occurred due to lower spending and some payment shifts. How...
Fed rate-hike bets rise to 85% after hot August inflation dataRecent inflation figures have exceeded expectations, leading many to anticipate a rate hike from the Federal Reserve. Core consumer prices ...
US stocks today: Dow Jones soars 600 pts, Nasdaq 1% as oil prices fall amid high August inflationUS stocks rose sharply on Friday after August inflation data showed consumer prices increased 0.4%. The Dow gained 1.23%, S&P 500 1.05% and...
Gold climbs on dip buying, Fed hike bets rise after US inflation dataGold prices firmed over one percent on Friday, finding a short-term floor. Strong United States inflation data lifted expectations of a Fed...
US consumer inflation picks up in August, up 3.4% YoYIn August, consumer prices in the U.S. surged, mainly due to increasing gasoline prices. This trend elevates the likelihood of an interest ...
Global Market: European stocks gain ahead of key US inflation dataEuropean stocks edged higher on Friday, but the STOXX 600 remained on track for its worst weekly performance since April as elevated bond y...
Global Market: Barclays expects ECB to raise rates again in December as inflation risks persistBarclays expects the European Central Bank to raise interest rates by another 25 basis points in December as persistent inflation and highe...
US stocks today: US stocks end lower as rising oil, Treasury yields lift Fed hike betsUS stocks fell as Brent crude surged 6% to $107 a barrel and Treasury yields climbed to multi-year highs. Rising energy prices and producer...
Hotter producer prices strengthen bets on a Fed rate hikeUS producer prices rose, increasing rate hike expectations for the Federal Reserve. Traders now price a seventy percent chance of a quarter...
US wholesale prices rise in latest sign of stubborn inflation as oil prices continue to climbWholesale inflation increased in August after cooling earlier this summer. Higher oil and gas prices, driven by Middle East conflict, are k...
India August consumer inflation likely hit 20-month high on food, fuel prices: Reuters pollIndia faces an anticipated spike in consumer inflation, predicting a high not seen in 20 months this August. Rising food and fuel prices ar...
Global Market: China stocks inch up after August inflation data; Hang Seng remains flatChina’s stock markets edged higher while Hong Kong equities remained subdued as August inflation data highlighted an uneven recovery. Risin...
Global Market: China inflation rises in August, but weak demand remains a concernChina’s consumer inflation accelerated to 0.8% in August, while producer prices rose 3.8%, both slightly above July levels. Despite the imp...
US Stock Market: Wall Street braces for CPI test as Fed rate-hike bets hang in balanceInvestors are turning their focus to U.S. inflation data due this week, with the August CPI and PPI reports expected to influence expectati...