“The DXY was firmer but the bullish momentum started in Asia afternoon (well before US CPI report was released) after a Reuters report said that China’s top leaders and policymakers are considering ...
In October, inflation rose to 6.2%, surpassing the Reserve Bank of India's (RBI) upper tolerance threshold of 6%, the first ...
Inflation in the US increased 2.7% in November, in line with economists’ expectations, laying the groundwork for a third rate cut from the Federal Reserve next week (18 December).
US CPI numbers yesterday would have only reinforced the view that the Fed will likely cut interest rates by 25bp at its ...
Oil rose in early Asian trade. Oil has priced in a little geopolitical risk premium on the tightening of sanctions against Russia by the U.S. while prospects of a Fed rate cut may also be boosting ...
Gold edges higher in the early Asian session, supported by ongoing prospects of a Fed rate cut next week. The move came after U.S. CPI rose 2.7% on-year in November, matching consensus expectations.