The Latest Breaking News from Inflation

Dollar near eight-day high as US data lifts Fed hike bets

The dollar showed a minor uptick following U.S. inflation figures that aligned with forecasts for an impending Federal Reserve rate increase. Investors are now keenly awaiting remarks from central banking officials at the Jackson Hole symposium later today. Additionally, insights from the Bank of Japan could signal potential shifts in…

The Economic Times · Aug 27

Gold firms, eyes on Fed Chair Warsh's comments

On Thursday, gold prices rebounded following a drop in the previous session, drawing attention to upcoming remarks from Federal Reserve Chair Kevin Warsh. With U.S. inflation still high, the central bank's interest rate strategies are under scrutiny. Investors are speculating on potential interest rate increases. Meanwhile, other precious metals such…

The Economic Times · Aug 27

Stocks Finish Little Changed Ahead of Nvidia Earnings

The S&P 500 Index ($SPX ) (SPY ) closed down by -0.02% on Wednesday, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down by -0.21%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up by +0.05%. E-mini S&P futures (ESU26 ) rose +0.02%, and September E-mini...

Barchart · Aug 26

Dollar Supported by US Economic Strength

The dollar index (DXY00 ) rose by +0.24% on Wednesday. The dollar moved higher on Wednesday due to signs of strength in the US economy after July personal spending and income rose more than expected and Q2 personal consumption was revised upward. Higher bond yields on Wednesday also strengthened the...

Barchart · Aug 26

Banks tip more hikes as spending surge adds to RBA woes

Three out of the four big banks are tipping the Reserve Bank to raise interest rates by November, with one forecasting a hike in a matter of weeks.

AAP · Aug 26

FTSE 100 drifts lower as eyes turn to Nvidia

The chip maker was expected to release earnings after Wall Street closes.

Evening Standard · Aug 26

Ahead of Market: 10 things that will decide stock market action on Thursday

Indian equities reversed morning gains to close sharply lower, with Sensex falling 183 points and Nifty declining 0.52%. IT stocks weakened on visa concerns, offsetting gains in banks and metals. Technical signals pointed to continued range-bound trading and caution.

The Economic Times · Aug 26

Stocks Slip Ahead of Nvidia Earnings as Bond Yields Rise

The S&P 500 Index ($SPX ) (SPY ) is down by -0.02% today, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down by -0.23%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down by -0.10%. E-mini S&P futures (ESU26 ) are down -0.03%, and September E-mini...

Barchart · Aug 26

The $40 trillion national debt and the bond market's revolt: top Wall Street strategists explain how we got into this mess

David Kelly and Torsten Slok reached the same conclusion from opposite directions: with DC unwilling to touch the deficit, the bond market is the bad cop.

Fortune · Aug 26

Dollar Rises on US Economic News

The dollar index (DXY00 ) is up by +0.23% today. The dollar is moving higher today on signs of strength in the US economy after July personal spending and income rose more than expected and Q2 personal consumption was revised upward. Higher bond yields today have also strengthened the dollar’s...

Barchart · Aug 26