Tag Archives: inflation

Official data showed Monday, December 5, that Turkey’s annual inflation slowed to 84.39% in November, just short of expectations, ending a 17-month period of increases since last year when the central bank began cutting interest rates. The Turkish Statistical Institute said that consumer prices rose 2.88% monthly, compared to expectations …

Chicago Fed President Charles Evans said on Friday “We are probably going to have a slightly higher peak to Fed policy rate even as we slow pace of rate hikes,”, as reported by Reuters.Evans noted that policymakers are “on a path to getting financial conditions appropriately restrictive to bring inflation …

The dollar settled near its lowest level in 16 weeks against a basket of major currencies on Friday, ahead of key data related to the labor market in the United States, while the yuan is heading to record its biggest weekly gain since China revalued its currency in 2005. The …

The US Bureau of Labor Statistics (BLS) will release the November jobs report on Friday, December 2 at 13:30 GMT and as we get closer to the release time, here are the forecasts by the economists and researchers of 4 major banks regarding the upcoming employment data. Expectations are for …

The performance of US shares is mixed on Thursday as a selloff in Salesforce impacted the Dow Jones, while traders are busy; digesting a fresh batch of US economic data which generally indicate that the Fed’s interest rate hikes are working towards their aspired target.On Wednesday, US manufacturing activity shrank …

On Friday, all eyes will be on the US non-farm payrolls reading during the first week of a new month. The all-important data will be attentively watched by all market players to see whether the aggressive rate-rising policy of the US central bank is knocking the labour market which has …

Official data showed on Wednesday that the Turkish economy expanded by 3.9 percent in the third quarter on an annual basis, a rate slightly lower than expected and slower than it achieved earlier in the year, as domestic and external demand were affected by high inflation and the global slowdown. …

Generally speaking; risk assets experienced a big deal of uncertainty as the end of November approaches ahead of Fed Chairman Powell’s address on the economy on Wednesday at Brookings Institute. US Nonfarm Payrolls data is looming on Friday. Risk appetite has deteriorated since Monday after Chinese protests police clashes against …

The EUR/USD pair has flattened again as the US session heads into the late afternoon. The pair fell from the 1.0394 high to the 1.0325 low on the day so far and steadies near 1.0340 at the time of writing. Growth stocks on Wall Street experience extended declines, overshadowing a …

As measured by the Consumer Price Index (CPI), Inflation in Germany declined to 10% yearly in November from 10.4% in October. This reading came in lower than the market expectation of 10%. Monthly, the CPI declined 0.5%. Meanwhile, the Harmonised Index of Consumer Prices (HICP), the European Central Bank’s (ECB) …