inflation

Fed officials have countered recent market optimism following the Federal Open Market Committee (FOMC) meeting, where three rate cuts were promised for 2024, sparking a rally in the financial markets. Currently, market participants are assuming a 69% probability that the first rate cut will take...

The economic situation in Europe and Germany has seen a slight downturn, with both experiencing a 0.1% drop in GDP in the third quarter of 2023. This decline reflects the challenges of high inflation and rising interest rates that have curtailed consumer spending and slowed growth. There is a...

The Federal Reserve kept its benchmark interest rate steady, indicating that rates are likely to remain high for an extended period after one more increase later this year. The Federal Open Market Committee, responsible for the US central bank's policy decisions, released a statement after their...

The European Central Bank (ECB) has raised its main interest rate for the 10th consecutive time as it prioritizes the battle against inflation over a weakening economy. The rate has now climbed from -0.5% in June 2022 to a record 4.5%. The decision was influenced by revised macroeconomic...

Despite August's US inflation being higher than expected at 3.7% (compared to the anticipated 3.6%), most Asia-Pacific markets experienced gains. Meanwhile, European markets opened with a mixed outlook, with investors eagerly anticipating the European Central Bank's upcoming rate decision...

In August, inflation in the United States saw its most significant monthly increase of the year, primarily due to higher energy prices and various other goods. The Consumer Price Index (CPI), which measures the cost of a wide range of products and services, increased by 0.6% for the month...

Asian markets declined following a shaky performance on Wall Street as investors awaited crucial US inflation data, all while concerns grew over rising oil prices and their impact on ongoing inflationary pressures, complicating the outlook for interest rates. In Japan, the corporate goods...

China has witnessed an improvement in credit demand and a reduction in deflationary pressures, suggesting positive signs for both its economy and financial markets. This development has boosted optimism in European stocks and US futures, as it hints at China's economic stability and expectations...

In August, the U.S. services sector unexpectedly strengthened, showing an increase in new orders and higher input costs, which could indicate lingering inflation pressures. The Institute for Supply Management (ISM) reported a Non-Manufacturing PMI of 54.5, marking its highest level since...

Today traders across the globe waiting for the much-anticipated Non-Farm Payrolls (NFP) report after Thursday’s release of the core PCE price index suggests the possibility of an additional 25 basis points rate increase this year. Additionally, US weekly unemployment claims dropped to 228k from...

Get ready for a volatile trading day as inventors anxiously wait for the release of the US CPI report for July that might influence the Federal Reserve’s decision on whether to increase the rate of 25 bps at the Sep. 20 meeting. Inflation has fallen from its June 2022 peak of 9.1 percent to 3...

The European Central Bank (ECB) raised its benchmark deposit rate by a quarter-percentage point to 3.75 percent, reaching a record high last seen in 2001 when the euro was launched. This move was widely expected and marked the ninth consecutive rate hike by the ECB. However, the central bank...

Markets turned wildly volatile from yesterday's North American session after the release of stronger-than-expected US economic data while the European Central Bank did not provide explicit forward guidance about future moves. Today the market participants and investors are now turning their eyes...

The second-quarter US corporate earnings season kicks off today. The major airline carrier Delta Air Lines (NYSE: DAL) and the beverage and snack giant PepsiCo (NASDAQ: PEP) are scheduled to release the second-quarter results before markets open. However, investors are anxiously waiting for the...

Global markets remain volatile ahead of the most awaited macro news of the week, the US CPI report. The US Bureau of Labor Statistics (BLS) will release the latest US consumer inflation figures today at 12.30 GMT. The inflation data could determine the size of the US Federal Reserve's rate hike...

Consumer inflation continues to gain momentum in the UK. Data for May showed that CPI accelerated to 9.1% y/y - a record among the G7 and a 40-year high. The monthly price growth rate was 0.7% compared to 2.5% and 1.1% in the previous two months. However, apart from the reversal to lower base...

It’s been another volatile week in financial markets with events in and around Ukraine continuing to dominate. Sentiment is still very headline-driven and an enormous amount of uncertainty remains around the outcome of talks between Ukraine and Russia and the sanctions being imposed on the...

A string of central bank meetings in recent days saw policymakers overlook economic risks from the Omicron strain in favour of damping price pressures that they had brushed off as temporary in the past few months. That led traders to price in more interest-rate hikes, sending ripples through...

The Labour Department said on Friday that inflation accelerated at its fastest pace in November, since1982, putting pressure on the economic recovery and raising the stakes for the Federal Reserve. In the end, such pressure may push the dollar further higher. The Consumer Price Index, which...

Fundamental indicates that Gold may outperform the S&P 500 Index in the coming months as the threat of stagflation becomes real. Concerns over peak economic growth coincides with rising inflation, pushing the real yield on Treasuries to record lows. The high correlation between the real yield...