The last piece of official inflation data to land before the Federal Reserve’s policymaking meeting next week was a shutdown-delayed report that showed the pace of price hikes remained stubborn in ...
US consumer spending stalled in September, suggesting Americans were already stretched going into the government shutdown in the face of stubborn inflation.
Treasuries slipped ahead of US data expected to show a rebound in inflation pressures, which would dent speculation over Federal Reserve interest-rate cuts.
US stock market jumped Friday as investors awaited the Fed-favored PCE inflation report. The S&P 500 rose 0.3%, Nasdaq added 0.4%, and the Dow gained 0.2%. Traders now see an 87% chance of a Fed rate ...
WPI inflation data, trading activity of foreign investors and global cues would dictate trends in the stock market this week, ...
The disinflationary trend in (sticky) service prices has ended at the level above 3%. The deflationary trend in (flexible) goods prices has ended and now the goods inflation is also rising driven by ...
Asian markets opened cautiously as US futures gained on rising Fed cut bets. However, BoJ hike speculation and strong Japanese data kept risk appetite in check.
Yen carry trade unwind fears pressure US stock futures, with JGB yields climbing and Powell offering no guidance. Traders ...
Analysts say WPI inflation, foreign investor activity, global trends will drive stock markets this week. Rupee, crude oil ...