Gold prices rebounded to three-month highs amid sustained US dollar selling. Dovish comments from Federal Reserve Chair Powell continue to weigh on the greenback. Sliding US Treasury bond yields will further contribute…
Tag: Inflation
Rupiah retreats towards $15,650 on softer Indonesia inflation
USD/IDR bounced to a two-week low on softer Indonesia inflation. Indonesia inflation, core inflation missed upbeat forecasts in November. Fed’s promises of small rate hikes, China-linked optimism support bearish bias. US core…
Rupiah retreats towards $15,650 on softer Indonesia inflation
USD/IDR bounced to a two-week low on softer Indonesia inflation. Indonesia inflation, core inflation missed upbeat forecasts in November. Fed’s promises of small rate hikes, China-linked optimism support bearish bias. US core…
Consumer prices rose 0.4% in October, less than expected as inflation eased.
The consumer price index rose less than expected in October, a sign that pressures may be starting to cool, if inflation is still a threat to the US economy. The index, a…
Wholesale prices rose 0.2% in October, less than expected as inflation eased.
Wholesale prices rose less than expected in October, adding to hopes that inflation is slowing, the Bureau of Labor Statistics reported Tuesday. The product price index, a measure of the prices companies…
The temporary inflation debate is back. But economists say high prices are here to stay
Fruit and vegetable prices are displayed at a store in Brooklyn, New York City, on March 29, 2022. Andrew Kelly | Reuters Global markets have taken heart from data suggesting inflation may…
Euro zone inflation rate falls to 10% in November as energy prices slow
Markets will track the latest inflation data from the euro zone ahead of the new ECB meeting. Julian De Rosa | Afp | Getty Images Inflation in the euro zone slowed slightly…
XAU/USD Bulls Eye $1,787 Ahead of Federal Reserve’s Favorable Inflation Number
Gold prices rose after posting the biggest daily jump in three weeks. Federal Reserve Chairman Jerome Powell’s dovish commentary, United States data favored XAU/USD buyers. The US dollar fell as Powell confirmed…
Euro zone inflation rate falls to 10% in November as energy prices slow
Markets will track the latest inflation data from the euro zone ahead of the new ECB meeting. Julian De Rosa | Afp | Getty Images Inflation in the euro zone slowed slightly…
The temporary inflation debate is back. But economists say high prices are here to stay
Fruit and vegetable prices are displayed at a store in Brooklyn, New York City, on March 29, 2022. Andrew Kelly | Reuters Global markets have taken heart from data suggesting inflation may…