Tag: Inflation Data
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China CPI Rebound Masks Deflation Risk Ahead: What It Means for the Economy
Overview: A rebound in China’s consumer prices China’s latest consumer-price data show a notable rebound, driven largely by higher food costs and a late-year surge in holiday spending. The acceleration in inflation, at least for one month, has shifted market attention toward the twin questions of whether a genuine easing of price pressures is underway…
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ASX Set for Strong Start Ahead of Inflation Report
Australian shares poised for a strong session as inflation data looms The Australian sharemarket is set for a positive open as investors brace for the latest inflation figures. Local traders are closely watching how consumer prices in Australia will influence the Reserve Bank’s outlook, while global cues from a rallying Wall Street add to the…
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Greece Inflation Eases to 1.7% in October, Eurozone Holds Steady
Overview: Greece’s October Inflation Slows to 1.7% Greece’s headline inflation rate, as measured by the European Union’s harmonized index (HICP), cooled to 1.7% year on year in October. This marks a slight drop from 1.8% in September, according to preliminary data released by Eurostat. The broader euro area did not move as dramatically, with inflation…
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Asia Markets Rise as Fed Rate-Cut Hopes Boost Investor Sentiment
Asia-Pacific Markets Respond to Wall Street Gains The Asia-Pacific markets experienced a notable upswing on Wednesday, mirroring the positive performance seen on Wall Street. This shift in sentiment among investors comes as optimism grows surrounding potential interest rate cuts by the Federal Reserve. The recent macroeconomic data, particularly the inflation figures from August in China,…
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Asia-Pacific Markets Surge Following Wall Street Gains
Asia-Pacific Markets Track Wall Street Gains On Wednesday, Asia-Pacific financial markets surged, reflecting positive momentum from Wall Street. This increase in stock prices comes amidst growing optimism regarding potential interest rate cuts by the Federal Reserve. Investors are closely monitoring economic indicators, including recently released inflation data from China, which adds another layer of insight…
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NY Market Summary: S&P and Nasdaq at Record Highs
Introduction The New York financial markets saw noteworthy movements on the 9th, with both the S&P and Nasdaq reaching record highs. This surge is part of a broader trend influenced by various economic factors, including dollar fluctuations and interest rate yields. Dollar Strengthens Against Major Currencies In the foreign exchange market, the dollar strengthened against…
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Dollar Strengthens Ahead of U.S. Inflation Data
Dollar Gains Ground in Forex Market In the New York forex market, the U.S. dollar has shown resilience, strengthening against most major currencies except for the Japanese yen. This movement comes ahead of the highly anticipated U.S. inflation indicators set to be released this week, leading traders to adjust their positions accordingly. Upcoming Inflation Reports…
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GIFT Nifty Up 30 Points: Today’s Trading Setup
Introduction The Indian stock markets closed with a slight uptick, as GIFT Nifty rose by 30 points during a volatile trading session. Investors are on edge, anticipating crucial inflation data from both India and the United States, which are pivotal in shaping the monetary policy decisions of the US Federal Reserve. This article explores the…