Stocks rise, dollar steady before key inflation data
Global stocks edged up on Wednesday in cautious trading ahead of U.S. consumer price data that could shift the country's monetary policy outlook, while investors waited to see if the earnings of big U.
Dollar Falls to 1-Week Low Ahead of U.S. Inflation Data
The dollar fell to a one-week low as investors turned cautious ahead of U.S. inflation data later. U.S. inflation is expected to accelerate to 2.9% year over year in December but core inflation is seen unchanged at 3.
Stocks edge up, dollar steady before pivotal inflation data
Global stocks edged up on Wednesday in cautious trading ahead of U.S. consumer price data that could shift the monetary policy outlook there, while investors waited
Yen rises on BOJ talk; dollar rally pauses ahead of US inflation test
The dollar's towering rally hit a speed bump on Wednesday as traders turned cautious ahead of a closely watched U.S. consumer inflation report due later in the day, while the yen pulled ahead following remarks from Japan's central bank chief.
US Stocks Rally On Inflation Data, Solid Earnings
Wall Street stocks surged Wednesday as traders digested US inflation data and strong earnings reports by major banks.
Dollar rally stalls as traders await U.S. inflation data
On Wednesday, a strong dollar rally slowed down as traders were a little more cautious. They awaited a crucial U.S. consumer inflation report that was expected later in the day, keeping investors from making their big moves.
Rupee to inch up on dollar pullback before US inflation data
The Indian rupee is likely to open marginally higher on Wednesday as the dollar retreats in the lead up to U.S. inflation data that will give cues on the direction of U.S. interest rates.
Gold firms as dollar, yields slip; US inflation data looms
Gold prices edged lower on Wednesday as caution prevailed ahead of the U.S. consumer price inflation report that could ...
The surging dollar will separate the winners and losers this earnings season
A stronger dollar is typically associated with higher dispersion during earnings season, Morgan Stanley's Mike Wilson says.
Next CPI Inflation Report Could Reduce 2025 Fed Rate Cut Expectations
If year-on-year total and core CPI consumer inflation rates accelerate, financial markets risk turbulence as investors’ 2025 ...
US Dollar edges lower – Scotiabank
The US Dollar (USD) is modestly lower for a second day. US PPI came in below consensus expectations yesterday, Scotiabank's ...
Gold Futures Rise on Weak U.S. Dollar, Economic Data
Gold futures rise on a weaker dollar and U.S. economic data. Futures are up 1.1% at $2,711.90 a troy ounce. The precious metal has built on gains from softer U.S. Producer Price Index data published ...
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Dollar slips against dong
The U.S. dollar weakened against the Vietnamese dong Wednesday morning while remaining firm against major peers.
Pound dips slightly on dollar after British inflation unexpectedly slows
The pound dipped slightly against the dollar after data that showed British inflation unexpectedly slowed to an annual rate ...