What’s in store for the week ahead? US CPI and China’s GDP in the Spotlight
This week, attention will centre on inflation data from major economies, including the US, EU, and UK. Additionally, China's forthcoming release of its Gross Domestic…
China’s CPI and economic briefings dampen European market sentiment
China reported weaker-than-expected consumer price growth for September, alongside an underwhelming economic briefing, which may exert pressure on European luxury stocks. ADVERTISEMENTChina reported weaker-than-expected inflation…
Markets look ahead: EU final CPI, BoE, BoJ, and Fed rate decisions in focus
This week is packed with critical economic data and events, shaping global market sentiment. Three major central banks are scheduled to hold policy meetings and…
US CPI to Show Another Muted Rise as Fed Debates Rate-Cut Size
Breadcrumb Trail LinksPMN BusinessForecasters expect a monthly report on US consumer prices to show another month of muted increases, possibly playing into a Federal Reserve…
Currency war ahead? Euro gains as US CPI boosts Fed rate cut expectations
The euro surged to its highest level since January following cooler-than-expected inflation data from both the UK and the US. European stock markets are set…
Traders Bet on Wild Swings With CPI Print Set to Test the Market
Breadcrumb Trail LinksPMN BusinessWall Street’s summer to forget is approaching its climax, with all eyes on this week’s consumer prices report, which traders hope will…
RBA governor Michele Bullock says federal government’s $300 energy bill rebate is unlikely to affect inflation
In short: RBA governor Michele Bullock said the federal government's $300 energy bill rebate is unlikely to lower inflation or risk pushing it higher.However, Ms…
Ahead in the markets: manufacturing PMIs, UK CPI and Nvidia earnings
In the week ahead, global manufacturing PMIs, inflation data from the United Kingdom (UK), and Nvidia’s quarterly results will be in the spotlight for the…
April CPI: Consumer prices rose 0.3%, slower than analysts expected
Monica Treece, a butcher at the Richmond Heights Schnucks Market, arranges Thanksgiving turkeys in the freezer section on the first day of sales in Richmond…
Eye on the Markets: Eurozone GDP and US CPI in the Spotlight
This week, investors await the eurozone's flash Q1 GDP and final April CPI figures, alongside crucial US April inflation data, pivotal for central banks' interest…
Markets this week: Focus will be on Eurozone CPI and Fed Rate Decision
This week, the financial market will centre on the Eurozone's flash CPI data for insights into the ECB's rate path, while attention will also be…
Asia Stocks to Fall After Another Hot US CPI Print: Markets Wrap
Breadcrumb Trail LinksPMN BusinessStocks in Asia are primed for early declines after higher-than-expected US inflation data supported the view the Federal Reserve may keep interest…
Bond Traders See 4.5% Yields as Next Test as Focus Shifts to CPI
Breadcrumb Trail LinksPMN BusinessThere’s one hope left for bond traders burned by this year’s selloff: a sign that the Federal Reserve is gaining the upper…
Asian Stocks to Fall as US CPI Shifts Into Focus: Markets Wrap
Breadcrumb Trail LinksPMN BusinessShares in Asia were primed for a muted open Monday as investors look ahead to US inflation data due Tuesday that is…
Inflation steady in January, below economist expectations of a bounce
Consumer prices rose 3.4 per cent over the year to January, steady at the same annual rate of inflation as in December. The bureau's head…