Gold prices fall on Monday
Gold prices fell on Monday amid thin trading volumes as US and Chinese markets remained closed for public holidays,…
Browsing Tag
U.S. inflation
Asian stocks climb on Monday
Asian shares climbed on Monday, led by a 2.8 per cent jump in Japan’s Nikkei, after reports that the Liberal…
S. Africa’s rand strong ahead of upcoming retail data
S. Africa's rand strengthened early on Wednesday preceding December retail sales data, after falling more than 1…
Yen decline challenges BOJ on rates decision
The sharp decline of the yen below 150 against the dollar complicates matters further for the Bank of Japan (BOJ).
Asian stocks down, dollar up
Asian shares continued a global sell-off on Wednesday, while the dollar and Treasury yields rose as traders…
U.S. headline inflation grows to 3.4% in Dec
U.S. headline Consumer Price Index (CPI) increased at an annual pace of 3.4 per cent in December, more than an…
UMich survey findings suggest that U.S. inflation to pick up again
U.S. inflation worries rose for the second month in November despite growing signs that price increase is relaxing,…
U.S. CPI inflation holds steady at 3.7% in September
U.S. inflation as measured by the change in the Consumer Price Index (CPI), held steady at 3.7 percent on an annual…
U.S. inflation slows 3% in June
U.S. inflation slowed three percent to record its lowest annual rate in more than two years in June, resulting in…
U.S. unemployment claims rise
U.S. Labor Department reported on Thursday applications for unemployment benefits increased by 5,000 last week.
U.S. unemployment rate declines by 3.4 percent in January
U.S. economy has added about 517,000 jobs last January as hiring unexpectedly surged despite high inflation, rising…
IMF sees global economy recovery in 2024
The International Monetary Fund’s (IMF) managing director, Kristalina Georgieva expected the global economy…
U.S. Fed raises interest rates again by 75 points to fight inflation
The U.S. Federal Reserve has decided on Wednesday to raise interest rates by 75 basis points for the fourth…
U.S. inflation slows down to 8.5% in July
The U.S. Consumer Price Index (CPI) increased 8.5 percent year-on-year in July, a slower annual increase compared…
Dollar poised for weekly dip, pressured by Fed’s inflation caution
Dollar prices wobbled in thin trading on Friday, on track for losses against most rivals in a holiday-shortened…
Gold prices fall after US inflation data, set for quarterly gain
Gold prices edged lower on Friday as slightly weaker U.S. inflation and consumer spending data did little to…
Dollar falls, analysts say Trump is no longer good news for the greenback
The dollar fell in recent days, but analysts weren't pointing to weaker-than-expected U.S. inflation data on…
Dollar falls as US bond yields drop; but uptrend intact
The dollar dropped Friday against major rivals as investors took advantage of a pullback in U.S. bond yields and a…
Fed to sit tight on rates at March meet, hint at hikes to come
The Federal Reserve won't raise interest rates this week, but will likely make clear that as long as U.S. inflation…
Asia Stocks stall after Wall Street slips, Dollar holds Gains
Asian stocks stalled on Wednesday following declines on Wall Street, while the dollar held on to modest gains after…