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US CPI DATA EFFECT
US consumer inflation cools in June on lower energy costsUS consumer inflation cooled more than anticipated in June, government data showed. Energy prices fell momentarily last month, aiding the i...
US stocks today: S&P 500 and Nasdaq open higher as CPI, bank earnings take focusUS markets opened mixed as softer inflation data boosted expectations of a less aggressive Federal Reserve. The S&P 500 and Nasdaq gained, ...
What is the Index of Services Production and which sectors does it cover?India's Ministry of Statistics and Programme Implementation has launched a new monthly services production index. This experimental index, ...
New York becomes first US state to impose a data center moratoriumThe moratorium positions New York at the forefront of a growing national debate over how to manage the infrastructure needed to support art...
New York first US state to ban new data centres for a yearNew York has paused large data center construction for one year. This action addresses concerns about rising power costs and strained water...
Bitcoin consolidates near $62K as US-Iran tensions and inflation fears keep investors cautiousBitcoin hovered near $62,500 as escalating US-Iran tensions, rising oil prices and inflation concerns kept investors on edge ahead of key U...
US consumer inflation likely increased at a slow pace in June as gasoline prices retreatedU.S. consumer inflation probably slowed in June, but rate hikes remain possible. Gasoline prices retreated from highs after a fragile cease...
Sensex falls 500 points, Nifty slips below 24,100 as US-Iran conflict escalates. What lies ahead?Indian stock markets edged lower on Tuesday, with major indices Sensex and Nifty falling. Escalating Middle East tensions contributed to ri...
Dollar steady before US inflation data, yen under pressureThe dollar remained steady as traders awaited United States inflation data. Middle East tensions caused oil prices to increase significantl...
Gold drops to 2-week low as oil surge drives inflation, rate-hike fearsGold prices declined to a two-week low on Tuesday. Oil prices surged due to the U.S.-Iran conflict in the Gulf. Federal Reserve Governor Ch...
Gold price prediction: Will gold rate go up in August even if Strait of Hormuz remains closed, Iran war continues? Details hereGold rate today: Gold price has been heavily impacted by the latest developments surrounding the Strait of Hormuz and U.S.-Iran war.
Rupee's forex boost fades fast, may trade at 96 levelsThe Indian rupee has weakened against the US dollar after recent gains. Renewed US-Iran tensions have pushed crude oil prices higher global...
US stocks today: US stocks end lower as Iran tensions dampen risk appetite; chipmakers dropTech stocks dragged Wall Street lower as escalating US Iran tensions and a renewed blockade lifted oil prices and dented risk appetite. Nas...
Fed's Waller says higher rates possibly needed in 'near term'Federal Reserve Governor Christopher Waller signalled that interest rates may need to rise in the near term if inflation remains elevated. ...
Oil pangs resurface for rupee, options market gauge signals bearish biasOn Monday, the Indian rupee fell to its lowest level in over a month, driven down by rising oil prices amid escalating tensions between the...
US Stock Market: Wall Street braces for pivotal week as earnings, inflation data and Middle East tensions come into focusWall Street faces a pivotal week with key economic data releases and corporate earnings. Investors will closely watch inflation figures and...
Gold slides over 1% as oil surges on Strait of Hormuz closure fearsGold prices declined over one percent in early Asian trade Monday. Oil prices jumped sharply, increasing inflation concerns and interest ra...
Dollar jumps on renewed Middle East attacks, Hormuz closureThe dollar strengthened against most currencies due to renewed Middle East conflict. This conflict fueled inflation fears and increased rat...
Wall Street Week Ahead: Investors to grapple with packed week of earnings, CPI, Iran headlinesUpcoming economic data and corporate earnings will test the resilient U.S. stock market. Major banks begin second-quarter earnings season, ...
Gold heads for weekly drop as Gulf attacks reinforce rate-hike betsGold prices held steady early Friday as markets assessed inflation risks. Renewed rate-hike expectations are pushing the non-yielding metal...