Tag Archives: CPI Data

Gold prices fell on Monday, August 14, to their lowest level in more than five weeks, after the dollar and bond yields rose, ahead of the upcoming publication this week of the minutes of the US Federal Council meeting for the month of July, which may provide indications that will …

A spokesperson for Prime Minister Rishi Sunak’s government said Biden’s executive order gave important clarity on the U.S. approach: “The UK will consider these new measures closely as we continue to assess potential national security risks attached to some investments.” The American dollar strengthened on Thursday, supported by higher US …

GBP/USD reached a weekly high of 1.2818, but dropped below 1.2700. US CPI remains above 3%, Core CPI remains 4%. UK GDP figures for Q2 release, US inflation data, reacted upwards.US Treasury bond yields soared, leading to a comeback in the US Dollar (USD) at 1.2687. The GBP/USD pair reached …

Gold extended its gains early on the day but the precious metal is trimming some of those after the US dollar recovers some ground as US Treasury bond yields advance. The latest inflation report for July in the US showed the CPI jumping by 3.2% YoY, below estimates and exceeded …

Soft inflation figures from the US and weaker US dollar contribute to limiting crude oil’s losses. Eyes now are focusing on the Fed speaker later during the US trading session. WTI’s outlook remains positive amid reports suggesting tighter global supplies.On Thursday’s session, the WTI crude saw more than 1% losses …

The Italian Ministry of Finance announced that it will cap the tax on net interest income on the most vulnerable assets at 0.1%. The markets received this official announcement with a positive response after investors in the banking sector stocks in the country saw that it comes within the framework …

The CPI report suggests an increase in US inflation, which could be a bullish sign for risk-on assets like commodities and cryptocurrencies. However, the current situation is different as inflation is making a comeback while the Fed is reducing liquidity in the system. This uncertainty affects the impact of inflation …

Gold maintains choppy performance despite US dollar’s losses Given that the market’s expectations for future US interest rate increases have been greatly reduced, the recent decline in gold prices is likely to have come to an end. Even so, we anticipate some additional upside potential for the year’s conclusion. Because …

US stocks climbed after a softer than expected inflation report for June revived hopes the Federal Reserve was nearing the end of its interest rate increases.The Dow Jones Industrial Average was up 265 points or 0.8%, while the S&P 500 was up 0.9% and the NASDAQ Composite was up 1.2%. …

The US Dollar weakened during the US trading session ahead of the key CPI data in the United States. On Wall Street, the Dow Jones gained 0.93% and the Nasdaq rose 0.55%. Gold rose to $1,940, while Silver finished flat around $23.10. Crude oil prices rose more than 2%.The improvement …