In September, US CPI rose 0.4% mom, above expectation of 0.3% mom. CPI core (ex-food and energy) rose 0.3% mom, matched expectations. Energy index rose 1.5% mom. Food index rose 0.2% mom. Over the last Read more…
Minutes from ECB’s meeting held on 13-14 September 2023 revealed that “a solid majority of members” supported for the 25bps rate hike, event though the decision was described as a “close call”. These members were Read more…
Account of the monetary policy meeting of the Governing Council of the European Central Bank held in Frankfurt am Main on Wednesday and Thursday, 13-14 September 2023 1. Review of financial, economic and monetary developments Read more…
US CPI expected to ease US PPI surprised to the upside The Australian dollar is showing limited movement on Thursday. AUD/USD is trading at 0.6410 in the European session, down 0.05%. All eyes are on Read more…
Delta Air Lines (DAL) – Get Free Report shares moved higher in pre-market trading after the carrier posted stronger-than-expected third quarter earnings and said the current travel demand surge continuing into the holiday season. Delta said adjusted Read more…
BoE Chief Economist Huw Pill noted today that the pressing question of whether tigthening has been adequate to curb high inflation is becoming “more finely balanced”. Over the past two years, the BoE has executed Read more…
Five things you need to know before the market opens on Thursday October 12: 1. — Stock Market Today: Stocks higher, yields retreat with inflation in focus Wall Street is looking to extend its win streak Read more…
Domino’s Pizza (DPZ) – Get Free Report posted stronger-than-expected third quarter earnings Thursday as higher prices, and new delivery fees, offset a pullback in U.S. sales over the hot summer months. Domino’s said profits for the Read more…
UK GDP bounces back with 0.2% gain FOMC minutes: Restrictive policy to continue until inflation falls to target The British pound continues to have a quiet week. In the European session, GBP/USD is trading at Read more…
In early October, the GBP/USD decline exceeded 10% from its summer high, which was very worrying. However, the weakening of the US dollar and changes in sentiment in the US government bond market allowed the Read more…