Global Stock Market

Americans’ cost of living climbed again in November and drove the rate of US inflation to a nearly 40-year of 6.8%, putting more pressure on households as they confront rising prices of fuel, food stuff, cars and house rents.The consumer price index increased 0.8% last month, the government said Friday …

The futures contracts for US stock indices recorded a slight increase today, Friday morning, before the opening of trading, after falling yesterday evening, as the markets’ fears about the new Omicron parameter subsided, at the same time that investors awaited the report of the US Consumer Price Index (CPI) for …

European shares fell on Friday on nervousness related to the increase in infections with the Covid-19 disease and ahead of the release of US inflation data later, which led to caution overshadowing sentiment. The pan-European Stoxx 600 index was down 0.4 percent, following a broader risk aversion in global stock …

Gold prices rose on Friday, but are heading for a fourth consecutive weekly decline, as investors stay away from big bets ahead of inflation data in the United States that may prompt the Federal Reserve to reduce its bond purchases at a faster pace. Spot gold rose 0.2 percent to …

Traders are eying key economic data on Friday. Consumer inflation forecast to accelerate to 6.8% annually from 6.2% while Core CPI expected to rise to 4.9% from 4.6%. Producer prices, The monthly increases are predicted to be 0.7% in the headline rate and 0.5% in the core.Wages point to still …

“US and its allies would respond to Russia’s aggression,” said the White House early Friday. The news came after chatters that Russia rejected Ukraine’s proposal to strengthen the July 2020 ceasefire.The White House communiqué also mentioned that US President Joe Biden reaffirmed the United States’ unwavering commitment to Ukraine’s sovereignty …

Markets retreated from their previous surging for three successive trading sessions, opening lower Thursday morning, despite fresh data from the US Labour Department that showed the number of Americans filing initial jobless claims fell to the lowest level in 52 years. All major US indexes were down in early trading, …

US stock index futures fell slightly in trading on Thursday, after major indexes posted gains for the third day yesterday, as traders are betting that the economic impacts of the Omicron pivot will not be as severe as initially thought. The Dow Jones Industrial Average futures declined 109 points, the …

Gold prices received support from the dollar’s decline to rise Thursday, but the rise in US Treasury bond yields and anticipation of US inflation data and the Fed meeting limited the rise of the non-yielding metal. The price of gold in spot transactions rose 0.2% to $ 1785.78, while US …

European shares rose slightly Thursday, December 9, after positive comments from vaccine manufacturers calmed some concerns about the new mutated Omicron from the Coronavirus, while Deutsche Bank shares fell after reports that it may have violated a criminal settlement. The pan-European Stoxx 600 index rose 0.3%, after declining 0.6% in …