Tag: inflation
Gold Holds Near Record Highs on U.S. Shutdown Fears and Fed...
Gold prices hovered near record highs in Asian trading on Thursday, supported by safe-haven demand as the U.S. government shutdown continued and expectations for...
Australia’s Central Bank Keeps Rates Unchanged, Cautions on Price Pressures
The Reserve Bank of Australia (RBA) kept interest rates unchanged on Tuesday, as expected, while warning that inflation pressures remain persistent despite earlier declines.
The...
Germany’s Import Prices Fall 1.5% in August Year-on-Year
German import prices fell by 1.5% in August compared to the same month last year, according to the federal statistics office on Tuesday.
The decline...
Asian Shares Weaken Following Wall Street Losses; BOJ Minutes Eyed
Asian Stocks Subdued as Wall Street Losses Weigh
Asian shares traded cautiously on Thursday, following overnight weakness on Wall Street. Investors stayed on the sidelines...
Gold holds near record levels as Powell’s remarks and soft data...
Gold prices held steady in Asian trading on Wednesday, staying close to record highs. Comments from U.S. Federal Reserve Chair Jerome Powell raised caution...
Fed Officials Question Necessity of More Rate Cuts
Fed Officials Question Need for Further Rate Cuts Amid Inflation Concerns
Federal Reserve officials signaled on Monday that additional interest rate cuts may not be...
BOJ Holds Rates Steady, Moves to Unwind ETF Holdings
The Bank of Japan (BOJ) kept interest rates unchanged on Friday, as expected, while also outlining plans to start selling parts of its massive...
German Producer Prices Drop 2.2% in August, Year-on-Year
German producer prices dropped more than expected in August, recording a 2.2% annual decline, according to data from the federal statistics office on Friday.
Economists...
UK Retail Sales Rise 0.5% in August, Beating Expectations
U.K. retail sales rose in August, but growth remained modest, highlighting continued pressure on consumers.
Data from the Office for National Statistics (ONS) showed retail...
Asian Markets Head for Weekly Gains as Nikkei Falls on BOJ...
Asian shares moved toward weekly gains on Friday, supported by hopes of further global rate cuts. However, Japan’s Nikkei pulled back from record highs...
