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After a key inflation reading revealed a better-than-anticipated deceleration in the rate of price inflation, the stock market soared on Wednesday. The …
Today’s U.S. Consumer Price Index report is likely to reveal that decades-high inflation moderated in July following two 75-basis point hikes by …
EUR/USD is neutral at around 1.0200 In a narrow range near 1.0200, the EUR/USD is fluctuating back and forth as investors wait …
Last week, gold prices rocketed off support, reaching USD 1794.23, up 6.7% from yearly lows. This happened after China fired missiles over …
After a key inflation reading revealed a better-than-anticipated deceleration in the rate of price inflation, the stock market soared on Wednesday. The Dow Jones Industrial Average increased around 540 points, or 1.63 per cent, to finish the day at 33,309.51. The S&P 500 rose more than 2 percent to 4,210.24, its highest level since the →Read more
Today’s U.S. Consumer Price Index report is likely to reveal that decades-high inflation moderated in July following two 75-basis point hikes by the Federal Reserve in June and July. The safe-haven dollar inched higher on Tuesday, recovering previous losses as risk appetite faded ahead of critical inflation data that could provide hints as to how →Read more
After a key inflation reading revealed a better-than-anticipated deceleration in the rate of price inflation, the stock market soared on Wednesday. The Dow Jones Industrial Average increased around 540 points, or 1.63 per cent, to finish the day at 33,309.51. The S&P 500 rose more than 2 percent to 4,210.24, its highest level since the →Read more
Today’s U.S. Consumer Price Index report is likely to reveal that decades-high inflation moderated in July following two 75-basis point hikes by the Federal Reserve in June and July. The safe-haven dollar inched higher on Tuesday, recovering previous losses as risk appetite faded ahead of critical inflation data that could provide hints as to how →Read more
EUR/USD is neutral at around 1.0200 In a narrow range near 1.0200, the EUR/USD is fluctuating back and forth as investors wait for US inflation data to provide a new direction. The European gas crisis and economic worries were mitigated by a soft US dollar and yields. In the Asian session, the EUR/USD pair is →Read more
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