Key Points
LONDON (Reuters) -Global shares hovered near record highs on Thursday, while the dollar headed for its first weekly gain in a month, ahead of a trio of U.S. data releases that has the potential to shift the outlook for interest rates...
With the next Federal Reserve meeting less than a week away, investors have held on to the view that the central bank will still cut rates around three times this year...
Investors on Thursday will get a look at U.S. wholesale inflation, consumer spending and weekly jobless claims, all of which could offer insight into the Feds three key areas of focus growth, price pressures and the labour market...
In addition to retail sales figures, which last month missed expectations, producer price data, which influences the core personal consumption expenditures (PCE) price index, and initial weekly jobless claims are due...
With payroll growth still solid and inflation proving to be a bit stickier recently, we suspect the FOMC (Federal Open Market Committee) will still be seeking greater confidence at the end of its meeting next week that inflation is headed back to 2% on a durable basis, economists at Wells Fargo said in a client note...
You might be interested in
US dollar slips after inflation data, Fed meeting looms next week
27, Jan, 24By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The U.S. dollar inched lower on Friday, after data showed inflation rose modestly in December but was trending lower, which should keep the Federal
Macroeconomic data, global trends key factors to drive trends in markets this week: Analysts
10, Mar, 24This week, the equity market will be influenced by domestic macroeconomic figures, including industrial production and inflation numbers. Volatile tre
Gold holds firm as investors look to inflation data
27, Feb, 24By Ashitha Shivaprasad (Reuters) - Gold prices moved up on Tuesday as the U.S. dollar and Treasury yields lacked momentum, while investors await key inflation reading and comments from Federal Reserve
Stocks hold firm as dollar dithers ahead of US data
28, Nov, 23By Amanda Cooper LONDON (Reuters) -Global stocks steadied on Tuesday, underpinned by the conviction among investors that the Federal Reserve will not raise rates again, which kept the dollar at
Dollar gains before key inflation data
29, Mar, 24By Karen Brettell and Alun John NEW YORK (Reuters) -The dollar gained on the euro on Thursday before key U.S. inflation data due on Friday and as investors squared positions for month- and quarter-end
Dollar at 5-month low after US inflation cools in November
22, Dec, 23By Saqib Iqbal Ahmed NEW YORK (Reuters) - The dollar fell against a basket of currencies on Friday, hitting a near five-month low as data showed annual U.S. inflation slowed further below 3% in
Dollar gains on yen, bitcoin edges up before expected SEC decision
11, Jan, 24By Karen Brettell NEW YORK (Reuters) -The dollar gained on the yen but dipped against the euro on Wednesday as investors waited on U.S. inflation data for fresh clues on when the Federal Reserve is
Dollar pares losses after data shows some inflation remains sticky
12, Dec, 23NEW YORK (Reuters) - The dollar pared losses against the euro and yen on Tuesday after data showed that some underlying measures of inflation remained relatively elevated in November even as price
Light wind in dollar's sails after bumper US payrolls
08, Apr, 24By Vidya Ranganathan SINGAPORE (Reuters) - The dollar was firm but sluggish in Asian trading on Monday as investors looked ahead to U.S. inflation data after the big payrolls number last week, and as
Dollar gains on yen, bitcoin muted after SEC approves ETFs
11, Jan, 24By Karen Brettell NEW YORK (Reuters) -The dollar gained on the yen but dipped against the euro on Wednesday as investors waited on U.S. inflation data for fresh clues on when the Federal Reserve is