The gap between yields on shorter- and longer-term Treasury yields narrowed Wednesday after new data showed consumer prices rose in August. The gap narrowed mainly because Longer-dated Treasury yields moved lower after stronger than expected U.S. inflation data.In turn, 10 and 30 year U.S. yields were lower on Wednesday morning. …
Read More »CPI data creates problems for Wall Street
Stocks on Wall Street drifted between gains and losses on Wednesday, with the S&P 500 down 0.2% soon after the start of trading. The Nasdaq composite ticked up 0.3%. After opening higher, the Dow and S&P 500 soon lost momentum and gave back their modest gains in exchange for losses. …
Read More »What inflation and CPI surge means for Tapering
Inflation in the U.S. accelerated moderately in September with the consumer-price index CPI up 0.4% in September from August, and 5.4% on an annual basis, the Bureau of Labor Statistics said Wednesday. The CPI was up 0.3% in the month of August.U. S. inflation isn’t going away and that means …
Read More »The U.S. Annual CPI Inflation Edges Higher to 5.4% in September
Inflation in the US, as measured by the Consumer Price Index (CPI), rose to 5.4% on a yearly basis in September from 5.3% in August, the US Bureau of Labor Statistics figures showed on Wednesday. This reading came in line with analysts’ expectations. The CPI edged higher to 0.4% from …
Read More »Eurozone Preliminary CPI Jumps 3.4% YoY in September
The annualized Eurozone Consumer Price Index (CPI) rose by 3.4% in September, beating expectations of 3.3% while up from August’s reading of 3.0%, the latest data published by Eurostat showed on Friday. The core figures arrived at 1.9% YoY in September when compared to 1.9% expectations and 1.6% booked last.
Read More »Eurozone CPI Matching The Estimate
According to Eurostat’s final reading of the Eurozone CPI report for August, the consumer prices came in at 3% on a yearly basis, matching the flash estimate and anticipated. While the core CPI also matched original estimates and 1.6% during the reported month.
Read More »Eyes on U.S. Inflation Reading Despite Focus on Jobs Numbers
The July reading of the U.S. Consumer Price Index (CPI) is set to be released on Wednesday, with expectations for another surge in the inflation rate. A recent survey by the Wall Street Journal expects that the reading of the CPI will register a monthly increase of 0.5% with core …
Read More »Eurozone Preliminary CPI Rises to 2.2% in July
According to Eurostat’s preliminary reading of the Eurozone CPI report, the annual figure came in at 2.2% in July, outpacing expectations of 2.0% while rising from June’s reading of 1.9%.
Read More »Eurozone Preliminary CPI Eases to 1.9% YoY in June
Eurozone’s annual CPI matched expectations at 1.9% but eased slightly for May as data showed on Wednesday from Eurostat. Core numbers also fell to 0.9% y/y in June versus 1.0% recorded in May. “Looking at the main components of euro area inflation, energy is expected to have the highest annual …
Read More »Eurozone Final CPI Revised Down to 0.3% MoM in May
According to Eurostat’s final reading of the Eurozone CPI report for May, the consumer prices came in at 2.0% on a yearly basis, meeting the flash estimate of 2.0% and 2.0% expectations. While the core figures rose to 1.0%, beating the 0.9% consensus forecasts.
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