posted by
babyblue
15 hours ago
in USD, Oil, Inflation
U.S. crude oil futures settled only 0.02 percent higher on Thursday after seesawing amid uncertainty about China and concerns it may tighten monetary policy to curb growth and inflation.
posted by
dailyjane
17 hours ago
in Oil, Inflation
As China inflation figures rose in February traders edged towards the consensus that the Chinese government will take steps to curtail its growth and prevent its economy from overheating.
posted by
minxybrilo
17 hours ago
in CAD, Inflation
Canada’s dollar dropped for the first time in 10 days as speculation global growth is slowing reduced demand for higher-yield currencies tied to commodities.
posted by
dailyjane
23 hours ago
in JPY, Inflation
As China inflation rose in February traders edged towards the consensus that the Chinese government will take steps to curtail its growth and prevent its economy from overheating.
posted by
fahrell
1 day 5 hours ago
in USD, EUR, Inflation
Fears about the withdrawal of stimulus measures in China were reinforced today after Chinese inflation hit a 16 month high, industrial production rose and new bank loans came in ahead of forecasts. The inflation figures more than anything else ar
posted by
Buck
1 day 15 hours ago
in USD, Fundamental, Inflation
The U.S. federal government registered a record budget deficit of 220.9 billion dollars in February, reported the Treasury on Wednesday.
posted by
sexyback
1 day 18 hours ago
in Gold, Inflation
Be wary of gold and gold mining stocks once interest rates start to rise.
posted by
marius
1 day 18 hours ago
in USD, Oil, Inflation
This morning, the U.S. Energy Department reported domestic oil inventories rose for the seventh consecutive week. Playing catch-up with the government's figures, the industry-supported American Petroleum Institute had called for a 6.5-million-bar
posted by
aranel
2 days ago
in EUR, Inflation
The German Bank Association (BDB) expects the European Central Bank to keep interest rates unchanged this year, given that there currently exist no serious inflation risks in the Eurozone, the BDB said in its latest monthly report released Wednes
posted by
sexyback
2 days ago
in USD, Inflation
Federal Reserve Bank of Chicago President Charles Evans said low interest rates are likely to be needed “for some time” as high unemployment lingers and inflation stays below his goal.
posted by
fahrell
3 days ago
in EUR, Gold, Inflation
GOLD was little changed in Europe at the end of last week after the European Central Bank held interest rates at 1pc as expected.
posted by
edzy
3 days ago
in CAD, Fundamental, Inflation
The Bank of Canada will increase its target lending rate in June on evidence the economy is recovering, according to Sophia Drossos, co-head of global foreign-exchange strategy at Morgan Stanley in New York.