Tag: CPI
Disinflation Strengthens the Case for BOC Rate Cut
The Canadian Dollar depreciated to near $1.3800 - its weakest level since mid-August, fuelled by broad dollar strength on the prospect of the Federal...
USDJPY: Stable After Fed Minutes
USDJPY rose by +0.36% on Friday. The Yen posted modest losses and held just above a 1 3⁄4 -month low against the Dollar amid...
Earnings and Inflation Boost the Dow Jones, Eyes Turn to Walmart’s Report!
US inflation falls from 3.00% to 2.90% making a September rate cut certain.
According to the CME Group, there is a 64% chance...
Stocks Rise as Analysts Predict Inflation Will Drop to a 5-Month Low
NASDAQ’s most influential stocks witness significant gains on Wednesday including Apple +1.88%, Microsoft +1.46% and Alphabet +1.17%.
Investors fix their attention on today’s...
French Elections Spark Risk Rally as Far-Right Falls Short!
Projections show France’s Far Right Party will lead the first round of parliamentary elections.
The Euro is the day’s best performing currency, increasing...
NASDAQ Hits Record High Following Lower-than-Expected Inflation
US inflation fell to 3.3%, down from 3.4% and lower than most expectations.
The NASDAQ trades 1.09% higher than the day’s open price...
