Inflation

Shares of after executives highlighted a weaker sales outlook for markets around the world and a major cost cutting initiative.Nike said it would cut jobs and expected sales to flag as consumer spending faltered. The damaging earnings…

© Reuters. Investing.com-- Most Asian currencies kept to a tight range on Friday, while the dollar hovered around four-month lows as markets awaited more affirmation that the Federal Reserve will cut interest rates earlier in 2024.…

© Reuters. FILE PHOTO: U.S. Dollar and Euro banknotes are seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration/File Photo By Saqib Iqbal Ahmed NEW YORK (Reuters) -The dollar eased to a 3-day low against a…

The snapshot is as per below:* data based on OctoberBased on the above, it's more so now a question of inflation persistence rather than extremely high inflation. Sure, core prices are still much higher than the snapshot we're seeing but in…

Article by IG Senior Market Analyst Axel RudolphFTSE 100, DAX 40, S&P 500 Analysis and Charts​​​FTSE 100 tries to reach its September peak​The FTSE 100 is on track for its third straight day of gains and has overcome its 7,702 October…

© Reuters. Banknotes of Japanese yen are seen in this illustration picture taken June 15, 2022. REUTERS/Florence Lo/Illustration/file photo By Iain Withers LONDON (Reuters) - The dollar edged up against other major currencies on…

GBPUSD falls to support target.The GBPUSD has moved lower in trading today after better-than-expected inflation data sent UK yields lower and the GBPUSD lower as well. The UK CPI YoY came in at 3.9% which is still well above the 2% target…

Inflation has fallen faster than expected to its lowest level in over two years, dragged down by easing petrol and food prices, adding impetus to growing calls for the Bank of England to begin lowering interest rates next year. Prices…

Gold (XAU/USD) Price, Analysis and ChartThe latest US inflation will steer gold going into 2024.Gold continues to test resistance, 20-dsma acting as near-term support.Learn How to Trade Gold with our Complimentary Guide Recommended by…

© Reuters. Investing.com - The U.S. dollar edged higher in early European trade Wednesday, while sterling slumped as rapidly cooling inflation lifted expectations of Bank of England rate cuts next year. At 03:05 ET (08:05 GMT), the…