The Latest Breaking News from Inflation

March S&P 500 E-Mini futures (ESH24) are down -0.18%, and March Nasdaq 100 E-Mini futures (NQH24) are down -0.15% this morning as investors refrained from making big bets ahead of the release of the Fed’s preferred inflation gauge.

Asian shares mostly fell on Thursday tracking US losses ahead of the release of crucial inflation data later in the day that will help chart the Fed's rate cut timeline.

The S&P 500 Index ($SPX ) (SPY ) on Wednesday closed down -0.17%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.061%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.54%. Stock indexes on Wednesday posted moderate losses. Long liquidation pressure from recent record...

While the main indexes retreated ahead of tomorrow's inflation data, Bitcoin hit its highest level in two years.

The dollar index (DXY00 ) on Wednesday rose by +0.13% and posted a 1-week high. Weakness in stocks on Wednesday has boosted liquidity demand for the dollar. Also, hawkish comments Wednesday from Fed Presidents Williams, Bostic, and Collins undercut precious metals when they said they favored waiting before cutting interest...

Australia's inflation rate remains stable at a two-year low, influencing economic decisions and future trends. Analysts await February data for insights.

US dollar rebounds ahead of key inflation data release, impacting forex market sentiment and investor strategies.

Wall Street retreats as investors await crucial inflation data, impacting market sentiment and trading strategies.

Federal Reserve Vice Chair John Williams stresses the need to boost inflation to 2% for economic stability.

Treasurer Jim Chalmers says Australia is not immune nor complacent in the face of economic challenges though a soft landing is still anticipated.

The S&P 500 Index ($SPX ) (SPY ) this morning is down -0.15%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.21%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.49%. Stock indexes this morning are moderately lower. Long liquidation pressure from recent record...