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Mexican Peso rallies as softer US inflation data weighs on US Dollar
The Forex Market· 2 days agoMexican Peso recovers after two-day decline, buoyed by weaker-than-expected US CPI report. The...
China seen continuing to cut US debt holdings
China Daily· 12 hours agoChina is likely to continue to reduce the share of United States debt in its overall foreign exchange reserves as it ramps up efforts to diversify foreign asset portfolios to reduce risk exposure ...
U.S. Stocks Seeing Modest Strength, Dow Climbs Above 40,000 For First Time
RTT News· 24 hours agoThe modest strength on Wall Street comes as traders continue to express optimism about the outlook for interest rates following yesterday's tamer-than-expected consumer price ...
Nasdaq, S&P 500 Reach Record Highs On Tamer-Than-Expected Inflation Data
RTT News· 2 days agoThe continued strength on Wall Street comes following the release of a highly anticipated Labor Department report showing consumer prices in the U.S. rose by slightly less ...
Forex Today: More Fedspeak on the agenda heading into the weekend
The Forex Market· 8 hours agoHere is what you need to know on Friday, May 17: Following the sharp decline seen after April...
A better-than-expected CPI report cheers investors.
TheStreet via Yahoo Finance· 2 days agoGoldman Sachs still says rate cuts are coming. Doug Kass, who writes on TheStreet Pro, notes that ...The only sector not to finish with a gain on the day...
‘Banks continue to become increasingly less relevant’: the professor who sees a $2 trillion hole in...
Fortune via AOL· 22 hours agoSmall-to-mid-size banks will be the first forced out of business, he says. “There are quite a few...
CPI inflation report resets timing of Fed interest rate cuts
TheStreet.com· 2 days agoThe headline Consumer Price Index for April was pegged by the Commerce Department at 3.4%, down from the prior month's tally of 3.5% and matching Wall Street's consensus forecast ...
Strong services fan US producer inflation in April
Reuters via Yahoo Finance· 3 days agoThe report from the Labor Department on Tuesday also showed wholesale goods prices rising solidly last month, though the cost of food declined. It...
Inflation eases in April with consumer prices rising 3.4% from a year ago
CNBC· 2 days agoInflation eased slightly in April, providing at least a bit of relief for consumers while still...