US CPI Data Expected to Show Accelerated Inflation in April as Oil Prices Remain Elevated
Washington, D.C. – The U.S. Bureau of Labor Statistics is set to release the Consumer Price Index (CPI) data for April later this
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ECB’s Nagel: Baseline Scenario Includes Two Rate Hikes
Bundesbank President Joachim Nagel has indicated that the European Central Bank’s baseline scenario includes two additional interest rate hikes, reinforcing the institution’s commitment
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Euro Stays Bearish as German ZEW Remains Weak, ING Says
The euro continues to trade with a bearish bias against the US dollar, according to analysts at ING, following the release of weak
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Forex Today: US Inflation Data Takes Center Stage as Middle East Peace Hopes Fade
Forex markets are shifting focus to Wednesday’s US Consumer Price Index (CPI) report as hopes for a swift de-escalation in the Middle East
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Gold Holds Near $4,700 as Stronger USD Caps Gains; All Eyes on US CPI Data
Gold prices remain under pressure, trading near the $4,700 mark on Tuesday, as a firmer US Dollar continues to weigh on the precious
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British Pound Under Pressure as Political Uncertainty Mounts: Commerzbank
The British Pound is facing renewed headwinds as political uncertainty continues to cloud the UK’s economic outlook, according to analysts at Commerzbank. In
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Australian Dollar Recovers After CPI Data as Chalmers Budget Tackles Oil Shock
The Australian Dollar pared its post-CPI losses on Wednesday, finding support after Treasurer Jim Chalmers delivered a federal budget that directly addressed the
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New Zealand Dollar Slips as Hot US CPI Shifts Rate Expectations; RBNZ Survey in Focus
The New Zealand dollar weakened against the US dollar on Wednesday after a stronger-than-expected US inflation report fueled speculation that the Federal Reserve
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Malaysian Ringgit Holds Steady as Economy Outperforms Expectations: Commerzbank
The Malaysian Ringgit has maintained its recent trading range, supported by economic data that continues to exceed market forecasts, according to a new
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Dow Jones Futures Flat as Investors Await Key US CPI Inflation Data
Dow Jones futures remained largely unchanged in early trading Wednesday as investors adopted a cautious stance ahead of the release of the latest