CNBC
UK economy stalls in July, as slowdown sets in
The U.K. economy registered zero growth in July, according to the latest data from the U.K.'s Office for National Statistics on Friday. Economists polled by Reuters had expected the country's gross domestic product (GDP) to be flat, following a 0.4% expansion in June. It comes after the economy grew
Trump's tariffs are slowly finding their way into consumer prices
From clothing to auto parts to electronics and more, tariffs are making everyday items cost more at a time when the labor market is looking increasingly fragile. A key Bureau of Labor Statistics inflation report released Thursday showed price increases for a variety of tariff-sensitive items. Appare
Consumer prices rose at annual rate of 2.9% in August, as weekly jobless claims jump
Prices consumers pay for a variety of goods and services moved higher than expected in August while jobless claims accelerated, providing challenging economic signals for the Federal Reserve before its meeting next week. The consumer price index posted a seasonally adjusted 0.4% increase for the mon
European Central Bank leaves rates unchanged as tariff fallout lingers
The European Central Bank held interest rates steady on Thursday as economic uncertainty persists in the wake of U.S. Donald Trump's aggressive tariff agenda. Ahead of the decision, markets had been pricing in an around 99% chance of the ECB's key deposit facility rate being left at 2% for the secon
Trump’s pressure on Europe to slap 100% tariffs on India and China raises eyebrows
Reports that U.S. President Donald Trump asked the European Union to slap tariffs of up to 100% on China and India for their Russian oil purchases has raised eyebrows on both sides of the Atlantic, with Europe seen as unlikely to acquiesce to the White House's request. Trump made the proposal — firs
他点赞了
Gold climbs to $3,646 as soft US PPI and geopolitical risks lift safe-haven demand
Gold trades near record high after US PPI disinflation boosts odds of September Fed easing.Payrolls revision and softer producer prices strengthen the case for a rate cut, spurring safe-haven flows into Gold.Geopolitical risks from Russia–Poland tensions and Israel strikes on Hamas leaders support b
5 takeaways from the producer price inflation report with another key reading on tap
The producer price index, a gauge of costs at the wholesale level in the U.S. economy, posted an unexpected 0.1% decline in August. Here's what to know: For the third time this year, PPI showed outright deflation in what is generally considered a measure of pipeline price pressures. Wall Street econ
Wholesale prices unexpectedly declined 0.1% in August, as Fed rate decision looms
Wholesale prices surprisingly fell slightly in August, providing breathing room for the Federal Reserve to approve an interest rate cut at its meeting this month, according to a Bureau of Labor Statistics report Wednesday. The producer price index, which measures input costs across a broad array of
他点赞了
EUR/USD: Buy dips preferred – OCBC
Euro (EUR) continued to trade near 1.17-handle despite French political risks. Pair was last at 1.1697, OCBC's FX analysts Frances Cheung and Christopher Wong note. Daily momentum is mild bullish "Fiscal and debt issues can have implications on EUR. We do not rule out the risk of French rating being
Important inflation reports this week expected to show prices still on the rise
Key inflation reports this week are expected to show that prices accelerated again in August, though not in a manner that would keep the Federal Reserve from reducing its benchmark interest rate at a meeting next week. The Bureau of Labor Statistics is scheduled to release the producer price index f
U.S. economy is worse than thought with 1.2 million fewer jobs — what that means for the Fed
With job growth tanking and the economy wobbling, pressure is on for the Federal Reserve to start lowering interest rates, with markets now expecting a cut at each of the three remaining meetings this year. The Bureau of Labor Statistics reported Tuesday that the economy added 911,000 fewer jobs tha
他点赞了
Elliott Wave Blue Box Payoff: CADJPY Drops as Predicted
In this technical blog, we are going to take a look at the past performance of CADJPY Daily Elliott wave Charts that we presented to our members. In which, the decline from 7.10.2024 high took place in a double three corrective sequence and showed a lower sequence calling for more downside to h
Job growth revised down by 911,000 through March, signaling economy on shakier footing than realized
The labor market created far fewer jobs than previously thought, according to a Labor Department report Tuesday that added to concerns both about the health of the economy and the state of data collection. Annual revisions to nonfarm payrolls data for the year prior to March 2025 showed a drop of 91
Trump appears with Rolex CEO at U.S. Open even as 39% tariff set to pummel Swiss watch imports
President Donald Trump appeared at the U.S. Open this weekend alongside Rolex CEO Jean-Frederic Dufour, weeks after tariffing the watchmaker's home country. Trump watched the men's singles final in New York on Sunday in a midcourt box operated by Rolex, which also sponsors the tournament. The presid
Traders see a chance the Fed cuts by a half point
Traders are leaving open the option the Federal Reserve next week could cut its key interest rate by half a percentage point, though most on Wall Street think the bar for doing so is pretty high. In the most likely scenario being priced in by markets, the Fed on Sept. 17 will lower the overnight fun
正在加载中...
