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 ...
With PCE data released last week indicating that U.S. inflation had stabilised in April, the currency market began the week ...
Americans aren’t convinced that inflation is moderating. A majority expect interest rates to rise again, according to the ...
Gold prices traded flat on Monday as investors braced for a series of critical U.S. economic reports that could provide ...
In the early session, the US dollar remained stable after experiencing two consecutive sessions of decline last week. Notably, May marked the dollar's first monthly decline this year. The market is ...
The dollar soared to a two-week high against its major peers on Thursday, as a rout in Treasuries improved the currency's ...
The job growth seen during the post-pandemic reopening of the economy, however, is widely considered unsustainable. It has ...
The number of job openings in the US shrank for the second month in a row, setting a new three-year low amid further signals ...
Asian and European stock markets rose Monday in holiday-thinned trading, as investors await fresh international inflation ...
Markets mostly fell Tuesday on signs of weakness in the US economy, even as the data boosted hopes for an interest rate cut, ...
Gold (XAU) dropped by 1% on Wednesday as the US Dollar Index (DXY) and Treasury yields strengthened ahead of the US inflation report.