U.S. CPI This Week May Decide Dollar’s Next Direction
A run of mixed economic data is dragging the U.S. dollar, stalling a rally that has rippled through the economy and financial markets. However, inflation data this week could be a game-changer.
A run of mixed economic data is dragging the U.S. dollar, stalling a rally that has rippled through the economy and financial markets. However, inflation data this week could be a game-changer.
U.S. stocks are on track to break a seven-week losing streak as recession fears cool amid a slew of strong quarterly earnings reports.
As a major support system for Wall Street, the Fed is going its own way these days, taking on the inflation fight. Its leading officials say it is pivotal to protect the U.S. economy, even if it...
Many currencies across the world sank to their weakest levels in years last week as surprisingly robust U.S. inflation data gave fresh impetus to a months-long rally in the dollar. Emerging-market...
The past week’s wild market swings pushed the major stocks indices below key levels, made big macro calls outdated within a few hours and rattled some of the market’s most resilient stocks.
We are seeing a rough April for Wall Street as the S&P 500 slides for three straight weeks. Now, investors will grapple with a loaded slate of earnings reports and key inflation data.
Earning reports will dominate the stock moves this week after US inflation hit a 41-year high in March. Meanwhile, China’s better-than-expected GDP figure offers limited support to sentiment as the...
The rising energy, food and services prices pushed the already-elevated US inflation to a 7.9% annual rate last month, leading to another four-decade high with oil and commodity market disruptions...
The stock market is heading into what promises to be a volatile second quarter, but April is traditionally the best month of the year for stocks. The Fed and other geopolitical tensions are expected...
Russia-Ukraine conflict sends the eurozone economy substantially lower, with both the Manufacturing PMI and Consumer Confidence Index sliding, while the Fed continues to raise rates. These factors...