Tag: inflation data
Jobless Claims Spike to 236,000 as Labor Market Cools
New unemployment data showed that more Americans filed for jobless benefits last week than economists expected. This increase followed a drop to a three-year...
Gold Climbs Ahead of Fed Decision—Silver Surges Near All-Time Highs
Gold prices moved slightly higher on Tuesday as traders waited for this week’s U.S. Federal Reserve meeting. The upcoming decision is expected to influence...
Gold Holds Steady as Weak Dollar Sets Stage for Fed Meeting
Gold prices moved within a tight range on Monday as the U.S. dollar hovered near a five-week low. The currency’s weakness reflected firm expectations...
Bitcoin Surges to $91.5K as Fed Cut Hopes Strengthen
Bitcoin moved higher on Monday, bouncing back from a small weekly decline. Investors stayed confident that the U.S. Federal Reserve is set to deliver...
Inflation Nudges Higher: September PCE Data Reveals Fresh Rise
The U.S. Commerce Department reported on Friday that the delayed Personal Consumption Expenditures (PCE) price index rose slightly to 2.8% in the 12 months...
Dollar Heads for Its Worst Week in 4 Months as Fed...
The U.S. dollar was set for its weakest weekly performance since late July, as traders sharply increased expectations for further monetary easing from the...
Asia FX Holds Steady as Fed Cut Bets Grow; Aussie Rises...
Most Asian currencies were steady on Wednesday as traders assessed rising expectations of a U.S. interest rate cut next month. The Australian dollar strengthened...
U.S. Retail Sales Grow Below Expectations in September
U.S. retail sales rose more slowly than expected in September, suggesting that consumers may be becoming more cautious amid a cooling labor market and...
Germany’s Producer Prices Fall 1.8% in October
Germany’s producer prices declined in October, but the drop was slightly smaller than expected. Data from the federal statistics office on Thursday showed a...
Dollar stays firm against yen as markets watch Japan’s fiscal plan...
The U.S. dollar held on to recent gains against the yen on Tuesday after reaching a new nine-and-a-half-month high. It also edged higher against...
