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India wholesale prices rise 9.92% year-on-year in August
10+ hour, 19+ min ago (140+ words) NEW DELHI, Sept 14 (Reuters) – India’s wholesale prices rose 9.92% year-on-year in August, government data showed on Monday, as oil and food prices increased at a faster pace. The print was higher than the 9.78% rise a month ago and economists’ average projection…...
US Dollar: Inflation-driven rate risks and premium??? Commerzbank
9+ hour, 7+ min ago (332+ words) "The picture in fx markets, however, was far less clear-cut. Immediately after the release, the US dollar appreciated as one would have expected. Yet the move quickly lost momentum. Before long, EUR/USD was at times trading above its pre-release…...
Australian Dollar underperforms amid risk-off mood
9+ hour, 23+ min ago (400+ words) The Australian Dollar (AUD) is down against its major currency peers, trading 0.45% lower at around 0.7135 against the US Dollar (USD) during the European trading session on Monday. The Australian currency tumbles as market sentiment turns risk-averse due to a further…...
Kiwi Slides as RBNZ Caution Weighs Before Fed Decision
10+ hour, 25+ min ago (405+ words) The NZD/USD pair trades around 0.5790 in early Asian hours on Monday, with the New Zealand Dollar losing ground against the US Dollar. The move comes as investors continue to react to what has been perceived as a dovish rate…...
Increase in key interest rates by 0.25% was necessary
14+ hour, 25+ min ago (441+ words) The decision to increase key interest rates by 0.25%, following yesterday's meeting of the Governing Council of the European Central Bank (ECB), is deemed "necessary," according to a written statement by the Governor of the Central Bank of Cyprus (CBC), Christodoulos…...
BOJ executive saw need for vigilance to 'non-linear' inflation spikes
12+ hour, 28+ min ago (372+ words) TOKYO, Sept 14 (Reuters) - Japan saw inflation spike due to rising import costs and currency shocks, suggesting such price reactions needed to factor into monetary policy considerations, a central bank official was quoted as saying in conference notes released on Monday....
EUR/USD dips to 1.1585 as firm US inflation lifts odds of Fed rate rise
15+ hour, 9+ min ago (287+ words) The content here might not be relevant fo you.Would you like to visit the North America website? Trade More, Win Bigger It's Time for a Golden Race Trade boldly. Rank among the best. All market insights in one place…...
BOJ executive saw need for vigilance to 'non-linear' inflation spikes - AOL
12+ hour, 29+ min ago (372+ words) TOKYO, Sept 14 (Reuters) - Japan saw inflation spike due to rising import costs and currency shocks, suggesting such price reactions needed to factor into monetary policy considerations, a central bank official was quoted as saying in conference notes released on Monday....
US Fed on 'knife edge' as oil prices heap pressure on inflation risk
8+ hour, 15+ min ago (811+ words) Traders expect the US Federal Reserve to raise interest rates this week to clamp down on energy-induced inflation driven by the Iran war. Nearly 90 per cent of traders believe the US central bank will raise interest rates by 25 basis points…...
Social Security Recipients Could Get Their Biggest Raise in 3 Years. Here's Why
15+ hour, 27+ min ago (674+ words) Social Security recipients could see their biggest benefit increase in three years in 2027 as inflation continues to run hot. The Social Security cost-of-living adjustment, or COLA, is expected to be 3.5% next year, according to a new estimate from Mary Johnson,…...