The US Dollar has been able to sharply leap upwards on Tuesday, reaching its highest level since mid-November. The Dollar Index, which measures the performance of the US currency against a basket of major rivals, is flirting with 105, specifically standing at 104.927 at the time of writing. Hence, the …

Wages are vital for maintaining living standards in daily life and, since they make up around 60% of GDP in the US, the UK, and the Eurozone, they are also critical for controlling inflation in the financial markets.Price rises will eventually result from rapid pay increases since wage growth is …

A surprising CPI inflation reading on Tuesday caught the markets off guard. This week, Canada is conspicuously absent from the economic calendar. The Canadian currency has had a mixed day in relation to the US dollar, although it has performed significantly worse.Following a monthly increase in US Consumer Price Index …

On Tuesday, the major US equity indices are trading much down. US inflation decreased in January, though more slower than anticipated. Wall Street’s fear measure, the CBOE Volatility Index (.VIX), is up over 6% today after surging 7.7% on Monday.The S&P 500’s key sectors all see significant midday losses. The …

The price of an ounce of gold has dropped below $2000 for the first time since mid-December. As of this writing, the price of an ounce of the precious metal is $1992.07. Gold prices plummet due to unyielding US inflation statistics. The US dollar returns to its nearly two-month high …

Financial markets navigated in a very modest range after a slow start to the new trading week as market participants exercised caution ahead of the release of significant US inflation reading on February 13.The USD Index finished the session marginally different from Friday’s closing levels in the low-104.00s amid varied …

In reaction to investors’ anticipation of US retail sales and inflation data this week, which could provide insight into the timing of the Federal Reserve’s much-anticipated interest rate reductions, the dollar saw a little increase against other major currencies on Monday.Bitcoin reached $50,000 in cryptocurrency for the first time since …

The USD/JPY pair has stabilized at 149.33 as markets await crucial US inflation data, affecting the Fed policy outlook. The US January CPI is expected to decline, fueling discussions on the Fed’s easing timeline amid calls for patience. The Federal Reserve is unlikely to alter rates in March, but May …

Due to the weight of global stories, crude oil prices are still holding to recent highs. Hopes for a Gaza ceasefire are still alive, but emotions are still high.The OPEC production limitations are mitigated by the ongoing increase in US crude oil production. As a possible truce in the Gaza …

The Chinese stock market collapse has significantly impacted foreign institutional investors, who considered China a key investment hub. The real estate crisis, slow growth, deflation, and demographic headwinds have worsened the outlook of the Chinese market. The recent uptick in the Shanghai Shenzhen CSI 300 index is insufficient to offset …