The US CPI data came out earlier but if the Fed and new Fed Chair had a favorite inflation measure it remains the PCE. The important thing to realize is that PC...
As London/European traders head for the exits, the major European equity indices are closing mostly lower. There were no new record closes today, with France's ...
Westpac is looking for another leg lower in the US dollar and suggests selling the Dollar Index on a break of 99.40.The bank highlights 99.40 as key support ove...
Traders appeared willing to give the CPI data the benefit of the doubt, particularly with housing accounting for roughly two-thirds of the overall increase. The...
Prior was +0.2% m/m16% trimmed mean CPI +0.2% vs 0.0% priorOn a 12-month basis:Median CPI 2.7% vs 2.7% prior16% trimmed-mean 2.6% vs 2.6% priorHere is the Cleve...
Prior was +2479KGasoline -968K vs -1199K expectedDistillates -10K vs -200K expectedAPI data from late yesterday:Crude +9072KGasoline -1531KDistillates -596KFor ...
Gold is a winner again today, up $67 to $4434 and just edging above the weekly high set yesterday.There has been a remarkable resurgence in gold since August 5 ...
Tech stocks are leading the way higher in trading today, with semiconductor shares among the strongest performers. Nvidia is currently up 2.56%, Micron is up 6....
The U.S. CPI report came in right in line with expectations for both the headline and core readings, giving the market some confidence that the broader inflatio...
Prior month -1.7% revised to -3.0%Building permits for June +18.5% vs +0.8% estimate.Needless to say much stronger than expected.The growth in construction inte...
Prior was 3.5%CPI m/m +0.1% vs +0.1% expPrior CPI was -0.4%Unrounded vs -0.349% priorCore readings:Core y/y 2.5% vs 2.5% expectedPrior core was 2.6%Core m/m +0....
The U.S. dollar is starting the session lower against the major currencies. The dollar is slightly lower versus the euro, with EURUSD up 0.03%, and lower agains...