Data released today by Statistics Canada showed that the inflation index grew as expected for the third consecutive month in December, as the consumer price index fell by 0.1% in December, in line with market expectations, but less than the previous reading, which recorded an increase of 0.2 % last November.<\/p>\n\n\n\n
At the same time, Statistics Canada data showed that annual inflation recorded a growth of 2.1%, in line with market expectations as well, but higher than the previous reading, which recorded a growth of only 2.0% during last November.<\/p>\n\n\n\n
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The price of gold in spot transactions rose 0.2 percent to $ 1817.90 an ounce by 1217 GMT, and US gold futures increased 0.1 percent to $ 1810.80.<\/p>\n\n\n\n
Asian and European stock prices fell, helping gold to rise from its lowest level in a week of $ 1805 an ounce hit on Tuesday.<\/p>\n\n\n\n
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UK two-year Treasury yields rose to 0.958 percent in early trade, the highest since March 2018.<\/p>\n\n\n\n
The dollar received a boost from rising US bond yields ahead of the Federal Reserve’s meeting next week to determine its monetary policy.<\/p>\n\n\n\n
Ten-year US Treasury yields rose on Wednesday to a two-year high of 1.9 percent.<\/p>\n\n\n\n
The euro rose 0.1 percent, to return to its moving average in 50 days at $ 1.1340, after the largest daily decline in a month recorded on Tuesday.<\/p>\n\n\n\n
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Data released today by Statistics Canada showed that the inflation index grew as expected for the third consecutive month in December, as the consumer price index fell by 0.1% in December, in line with market expectations, but less than the previous reading, which recorded an increase of 0.2 % last November. At the same time, …<\/p>\n","protected":false},"author":9,"featured_media":52585,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[36],"tags":[6928,6911,6864,6837],"class_list":["post-58632","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-market-updates","tag-euro","tag-europe","tag-european-stocks","tag-eurozone"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/58632","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=58632"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/58632\/revisions"}],"predecessor-version":[{"id":58633,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/58632\/revisions\/58633"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/52585"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=58632"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=58632"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=58632"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}