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US CONSUMER INFLATION
US inflation picked up as gas prices marched higher due to conflict in the Middle EastUS inflation held at 3.4% in August from a year earlier, while monthly consumer prices accelerated 0.4% as renewed Middle East fighting pus...- 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 ...
- Rupee sees sharpest weekly drop in four months on oil worriesThis week saw the Indian rupee tumble more than one percent against the dollar, primarily influenced by surging oil prices. Central bank in...
- Global Market: European stocks gain ahead of key US inflation dataEuropean stocks edged higher on Friday but remained headed for their worst weekly performance since April as rising bond yields and inflati...
- 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 bond yields surge as oil spike fuels inflation fearsGlobal bond yields reached multi-year highs as oil prices surged, increasing inflation worries. Share markets tumbled worldwide on Friday d...
- Gold lingers near one-week low ahead of US CPI dataAs U.S. rate hike expectations firmed up, gold prices remained near a one-week low. The market is gearing up for the pivotal U.S. consumer ...
- 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...
- Global Market: ECB seen raising rates as Iran war fuels inflation fearsThe European Central Bank is widely expected to raise interest rates to 2.50% on Thursday as soaring energy prices amid the Iran war fuel f...
- US Treasury yields hit highest level since 2023 as buyback disappointsU.S. 10-year Treasury yields touched their highest level since November 2023 before easing after strong auction demand. Rising oil prices a...
- Gold little changed with US inflation data in sightGold prices hold their fort as traders keenly anticipate key inflation data that will influence interest rate strategies of the US central ...
- Global Market Today: Asian stocks to fall as oil stokes inflation fearsEquity-index futures for Japan, South Korea and Australia pointed lower after the S&P 500 Index fell 0.5%, led by industrial and consumer-d...
- US stocks today: US stocks slide as oil tops $100, stoking fresh inflation fearsUS stocks slipped as Brent crude climbed above $100 a barrel amid escalating US-Iran tensions and disruptions to oil shipments through the ...
- Gold subdued on inflation worries, rate hike expectationsGold prices fell on Wednesday as conflicts in the Middle East intensified. The surge in crude oil prices typically fuels inflationary press...
- Global Market Today: Asian chip stocks rise, oil climbs towards $100Asian chip stocks experienced a remarkable uptick, fueled by lingering investor enthusiasm for artificial intelligence technologies. As Mid...
- U.S. consumers grow more uneasy about jobs & finances as high inflation outlook holds steady, NY Fed findsUS consumers grew more pessimistic about jobs and personal finances in August. Inflation expectations remained largely unchanged, showing l...
- 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...
- US consumer sentiment drops in August on inflation worriesIn August, U.S. consumer sentiment took a hit, largely due to ongoing inflation concerns and the escalating conflict in the Middle East. Th...
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