The dollar was licking wounds against peer currencies on Friday after a downward revision to U.S. GDP for the first quarter ...
It is a worrying sign for the Fed, suggesting that the elevated pace of price increases could last longer than expected.
Risk sentiment has faltered in recent weeks, and global stock markets have experienced a mild sell off, as the focus shifts ...
Some Fed officials have said they are no longer worried about reaccelerating inflation after the April CPI report broke a ...
The report from the Commerce Department on Friday also showed tepid consumer spending, a wrinkle that could help the Fed's ...
Donald Trump found guilty on all counts in ‘hush money’ trial, Cyril Ramaphosa’s future in doubt, Japan’s $62bn support for yen provides little reprieve ...
European shares were in the red at the open on Friday as investors nervously awaited inflation data from the eurozone and US.
The Aussie dollar was down 0.47% at $0.6618, even after Australian consumer price inflation unexpectedly rose to a five-month ...
Last week, it signalled that it could start cutting rates from its current 16-year high of 5.25% as early as its ... versus ...
For many who have been waiting impatiently for the one key European Central Bank announcement after a protracted period of high interest rates, fresh EU data released on Friday (31 May) may have just ...
Market focus this week will be on a slew of inflation reports, with German inflation data due on Wednesday and the wider euro ...
Gold (XAU) dropped by 1% on Wednesday as the US Dollar Index (DXY) and Treasury yields strengthened ahead of the US inflation report.