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The US Dollar trades slightly lower on Thursday ahead of key US economic data releases. Traders brace for US Producer Price Index, Retail Sales and Fed Chairman Powell comments. The US Dollar Index ...
Attention also shifts to Thursday’s release of the Producer Price Index (PPI) — a measure of wholesale inflation.
Stock futures slipped as a relief rally, sparked by a trade agreement between the U.S. and China earlier this week, showed signs of fizzling out. Key inflation data and comments from Federal Reserve ...
Investors will also focus on comments from Federal Reserve Chair Jerome Powell due later in the day, while earnings update ...
With mounting evidence that tight labor markets do not necessarily boost inflation and facing massive job losses in 2020, ...
The Indian rupee has slipped notably against the US dollar — and since the dirham is pegged to the dollar, that’s good news ...
Overnight in the US, equity indices ended mixed. The S&P 500 rose 0.10% to close at 5,892.58, and the Nasdaq Composite climbed 0.72% to settle at 19,146.81. However, the Dow Jones Industrial Average ...
Global stocks snapped a seven-day winning streak and oil prices slumped as investors pulled away from risky assets with the ...
President Trump is threatening a hostile takeover of the Federal Reserve, having issued social and mainstream media ...
As President Trump’s Middle East trip continues, investors are refocusing on the basics with Walmart earnings, producer ...
Former Fed president Bill Dudley warned that the central bank risks mistiming interest rate cuts if the economy stumbles into ...
Hyperbole aside, last month’s inflation rate was lower than economists expected. But some analysts believe the relatively strong report could be the final calm before the storm, as American firms ...