2024-11-14 | Current Affairs
U.S. consumer price inflation rose in October, meeting forecasts and lifting Wall Street indexes on Wednesday, while boosting the dollar close to levels against the yen that have raised concerns at the Bank of Japan.
2024-10-16 | Market Commentary
UK Inflation Slows in September In September, the UK inflation rate, measured by the Consumer Price Index (CPI), rose by 1.7%, down from 2.2% in August, according to the Office for National Statistics. This increase was lower than the predicted 1.9%, staying below the Bank of England’s 2% target. Core Inflation Misses Estimates Core […]
2024-10-14 | Market Commentary
UK Inflation Forecast for 2024 In 2024, the UK inflation rate is expected to drop to 2.2%, a sharp decline from the 7.3% recorded in 2023 and 9.1% in 2022. Prior to the surge, inflation rates were notably lower, with the highest being 4.5% in 2011 and a low of 0% in 2015. The inflation […]
2024-10-10 | Market Commentary
September CPI: Inflation at 2.4% The pace of price increases in September surprised many, as the US Labor Department reported an uptick in inflation. The Consumer Price Index (CPI), which measures the cost of goods and services, increased by 0.2% for the month, bringing annual inflation to 2.4%, slightly above expectations. Core Prices and Key […]
2024-10-07 | Market Commentary
All Eyes on September’s CPI Report This week’s September CPI report is crucial for shaping the Federal Reserve’s interest rate decisions, as labor market and inflation data are the main factors guiding their policies. The outcome of the report could significantly influence financial markets, including stocks, bonds, commodities, and the dollar. Inflation Trends: August Data […]
2024-09-12 | Market Dynamics
Inflation drops to 2.5%, the lowest since 2021. Will the Fed cut rates by 50 basis points on Sept 18? Explore the implications for Gold, stocks, and the Dollar
2024-09-12 | Market Dynamics
Will August’s inflation report trigger a major rate cut by the Fed? All eyes are on the upcoming CPI data, which could lead to a 50bp cut—the biggest since 2008
2024-09-12 | Current Affairs
All three major U.S. stock indexes closed higher on Wednesday, driven by strong gains in the technology sector. This uptick helped offset investor disappointment following a morning inflation report that dampened hopes for a significant interest rate cut by the Federal Reserve next week.
2024-09-11 | Current Affairs
The U.S. dollar declined against several major currencies on Tuesday as markets prepared for key inflation data and a much-anticipated U.S. presidential debate. Despite these events, analysts believe neither outcome is likely to significantly alter the current direction of monetary policy.
2024-07-15 | Market Commentary
The market rally with S&P 500 and Dow Jones rising as investor confidence grew on Fed rate cut speculation and lower-than-expected inflation data