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PPI Shows Higher Wholesale Inflation; Meme Stocks Rule (Again)
Zacks via Yahoo Finance· 2 days agoPart of what has buoyed the stock market higher over the past month and year to date is the idea...
US Producer Prices Top Forecasts, But Details Offer Some Relief
Bloomberg via Yahoo Finance· 2 days ago(Bloomberg) -- US producer prices rose in April by more than projected, though key components that...
Futures Jump Following Tamer-Than-Expected Consumer Price Inflation Data
RTT News· 16 hours agoThe Labor Department said its consumer price index increased by 0.3 percent in April after rising by 0.4 percent in March. Economists had expected consumer ...
Signs of Cooling Are Everywhere in the Economy. It Isn’t Just CPI.
Barrons.com· 9 hours agoThe Fed’s preferred inflation gauge, the core personal consumption expenditures price Index, may...
US Dollar dives as inflation decelerated in April
The Forex Market· 10 hours agoThe DXY fell to its lowest level since mid-April on Wednesday. The US Dollar Index (DXY) is trading near 104.4 on Wednesday, showing sharp losses...
Silver Price Forecast: XAG/USD stays on sidelines around $28.60 ahead of US Inflation data
The Forex Market· 19 hours agoSilver price (XAG/USD) trades in a confined range around $28.60 in Wednesday’s European session.
US Dollar eases while markets go all-in on possible disinflationary CPI print
The Forex Market· 16 hours agoOvernight, US Federal Reserve (Fed) Chairman Jerome Powell delivered a speech which seemed to...
USD/CAD falls to near 1.3650 due to improved risk appetite, improved WTI price
The Forex Market· 22 hours agoUSD/CAD has extended losses for the second successive session, trading around 1.3640 during the...
Wholesale Price Increases Accelerated in April as Inflation Remains Sticky
US News & World Report· 2 days agoU.S. wholesale prices rose sharply last month, a sign that inflation pressures remain stubbornly high after three elevated readings in consumer prices to start the year. The Labor Department ...
EUR/USD Forecast: Bulls returned as US inflation remains stubbornly high
The Forex Market· 16 hours agoThe EUR/USD pair spent the first half of the day consolidating Tuesday’s gains, reaching a fresh...