Stocks rise, dollar steady before key inflation data
Global stocks edged up on Wednesday in cautious trading ahead of U.S. consumer price data that could shift the country's monetary policy outlook, while investors waited to see if the earnings of big U.
Dollar Falls to 1-Week Low Ahead of U.S. Inflation Data
The dollar fell to a one-week low as investors turned cautious ahead of U.S. inflation data later. U.S. inflation is expected to accelerate to 2.9% year over year in December but core inflation is seen unchanged at 3.
Stocks edge up, dollar steady before pivotal inflation data
Global stocks edged up on Wednesday in cautious trading ahead of U.S. consumer price data that could shift the monetary policy outlook there, while investors waited
Rupee to inch up on dollar pullback before US inflation data
The Indian rupee is likely to open marginally higher on Wednesday as the dollar retreats in the lead up to U.S. inflation data that will give cues on the direction of U.S. interest rates. The 1-month non-deliverable forward indicated that the rupee will open at 86.
US Stocks Rally On Inflation Data, Solid Earnings
Wall Street stocks surged Wednesday as traders digested US inflation data and strong earnings reports by major banks.
Wall Street today: US stocks climb after inflation data, robust bank earnings
US stocks climbed on Wednesday after inflation data boosted investors’ hopes for interest rate cut by the Federal Reserve this year. Investors also cheered a strong set of quarterly results from the biggest US banks.
Dollar weakens after CPI shows cooling inflation; yen firms on BOJ talk
The dollar weakened against major peers on Wednesday after cooler-than-expected data eased fears that inflation was ...
U.S. inflation up again. What the latest figures mean for markets
The slowdown in core price increases was greeted with relief on Wall Street, with Dow Jones futures pricing surging nearly ...
The surging dollar will separate the winners and losers this earnings season
A stronger dollar is typically associated with higher dispersion during earnings season, Morgan Stanley's Mike Wilson says.
Gold firms as dollar, yields slip; US inflation data looms
Gold prices edged lower on Wednesday as caution prevailed ahead of the U.S. consumer price inflation report that could ...
Investors Should Use Dollar Strength To Diversify Internationally
The high dollar and expensive U.S. stocks offer a chance to investors to buy cheap overseas assets as the risk of a bond ...
Cost of living crisis set to intensify again as bills mount despite surprise fall in inflation
Households and businesses have had it tough since the start of the COVID pandemic and there are solid reasons to believe that ...
Pound dips slightly on dollar after British inflation unexpectedly slows
The pound dipped slightly against the dollar after data that showed British inflation unexpectedly slowed to an annual rate ...
Gold Futures Rise on Weak U.S. Dollar, Economic Data
Gold futures rise on a weaker dollar and U.S. economic data. Futures are up 1.1% at $2,711.90 a troy ounce. The precious metal has built on gains from softer U.S. Producer Price Index data published ...
Stealth Fed Dollar Crisis Predicted To Spark A Bitcoin Price Boom To Rival Gold
Fear that inflation could return in 2025 has raised questions over the possibility of a stagflation scenario—predicted to ...
Stocks surge after softer US inflation, upbeat fourth quarter earnings
Global shares jumped and the dollar fell on Wednesday, after data showed core U.S. inflation rose less than expected in ...