us inflation Archives - Financial Mirror

Euro under pressure as ECB eyes rate cut

The European currency is under pressure on Tuesday as the Euro trades close to a five-month low against the dollar near the round-level support of 1.0600. The EURUSD currency pair is vulnerable

16th April 2024

Markets/World

Yen declines after weak US data, buyers take profits

The USDJPY pair was trading late Friday at 152.95, with a modest loss of 0.17%. Despite a drop in consumer confidence in the US, indicated by the University of Michigan’s (UoM) Consumer

12th April 2024

Markets/World

WTI lacks direction, consolidates below $86.00

West Texas Intermediate (WTI) is struggling to capitalise on the previous day’s goodish bounce from the $84.00 mark, or over a one-week low and oscillating in a narrow band during Asian trading

11th April 2024

Energy/Markets/World

Rate cut in Q3, after hot US CPI, says deVere boss

The Federal Reserve is expected cut rates only once this year, and the next will not be until January 2025, said the CEO of leading financial advisory and fintech deVere Group after

10th April 2024

Markets/World

Calm before the CPI storm

By Naeem Aslam Investors and traders are reluctant to take any major bets on either side of the market as the whole world is waiting for the most important data, released later

10th April 2024

Markets/World

Silver climbs to near $28, tracking rally in gold

Silver advanced for the third consecutive session, trading at a two-year high near $28.00 per ounce during the early European hours on Tuesday. This surge in XAGUSD mirrors the rally in gold,

9th April 2024

Markets/World

Gold poised to hit $2,250 Q2 target, say economists

Gold dipped 1.1% after the US inflation print came in higher than expected, with economists at TD Securities saying yellow metal may drift modestly lower toward the $2,025-2,100 range. The February CPI

13th March 2024

Markets/World

Investors remain cautious

By Naeem Aslam Investors are taking a cautious approach when it comes to taking risks. This week’s economic data hasn’t been so supportive of their investment thesis, and hence they are

16th February 2024

Markets/World

CPI kills last hope for March Fed rate cut

By Craig Erlam This is not the U.S. inflation report that the Federal Reserve wanted to see and markets responded accordingly late on Tuesday. Inflation in January was hotter than expected across

14th February 2024

Markets/World

Pressure on bonds ‘reflects market reality’

The selling pressure in U.S. bonds highlights how the bond market is ‘reflecting the reality’, according to the CEO of one a leading independent financial advisory and fintech. The surge in the

6th February 2024

Markets/World