Tag: Inflation data
UK Inflation Surges to 3% in January
In a bustling corner of London, Borough Market stands as a testament to the city's rich history and vibrant culture. This iconic retail food...
Investors React to Trump’s Treasury Secretary Pick, Await Inflation Data: Treasury Yields Fall
U.S. Treasury yields fell on Monday as investors assessed President-elect Donald Trump's pick for Treasury secretary and awaited key inflation data later in the...
Australian Dollar Strengthens after Positive PPI Data
The Australian Dollar showed strength against the US Dollar after positive Producer Price Index (PPI) data was released. The PPI in Australia rose by...
Federal Reserve Meeting: Will Officials Signal Multiple Interest Rate Cuts in 2021?
The US Federal Reserve (Fed) is set to announce its monetary policy decisions after the July 30-31 policy meeting on Wednesday. Market expectations suggest...
Mexican Peso Strengthens on Positive Inflation Data
The Mexican Peso saw a significant increase in value as the USD/MXN pair dropped below 18.00. This surge was driven by the positive inflation...
US CPI Report Impact on Fed Policy: Will it Trigger a Pivot?
The latest US inflation data is set to be released this Thursday at 12:30 GMT, with expectations pointing towards a further decline in the...
French Elections Round Two, Powell Testimony, and US CPI Preview – Action Forex
Traders are eagerly watching the outcome of the French election, with the far-right National Rally (RN) leading the first round but facing opposition from...
Tokyo CPI Impact on July BoJ Meeting – Action Forex
The Bank of Japan (BoJ) meeting minutes suggest that a rate hike in July is still on the table. Despite keeping interest rates unchanged...
US PCE Inflation in Focus: Week Ahead Agenda – Action Forex
The focus next week will be on the core PCE inflation data in the US, which could confirm market expectations of two Fed rate...
Federal Reserve Caution: Interest Rates Will Remain Steady Amid Cooling Inflation Data
The Federal Reserve has announced that interest rates will remain steady for the time being, despite recent cooling inflation data. The Fed is looking...