TAG: Core inflation
Ahead of the game: 5 April 2024
US stock markets tumbled this week as rising geopolitical tensions and more hawkish Fed speak raised questions around the scope and depth of possible Fed rate cuts. After striking a fresh record high early in the week, the ASX 200 erased all of las...
6 months ago
Wall Street: stocks steady ahead of pivotal CPI release
US stock reaction to last Friday's NFP report US stock markets rebounded on Friday, supported by Megatech, despite a firmer-than-expected jobs report that saw yields end the week at their highest closing level this year. Within the details of Friday's non...
6 months ago
Ahead of the game: 12 April 2024
It's been a rollercoaster week for US stocks, thanks to a stubborn inflation report putting the brakes on any Fed rate cut dreams for 2024. All eyes are now peeled for Q1 2024 earnings, with the spotlight glaring on MegaTech's numbers, starting wit...
6 months ago
UK inflation falls to the lowest level since September 2021
Headline consumer prices fell to 3.2, easing pressure on households amid the cost of living crisis, down from 3.4% last month, but higher than the 3.1% year on year expected. The core rate, without food and fuel, registered 4.2%, down from 4.5 but not as...
5 months ago
Core inflation decline may not be such a good thing: Economists
The finance minister in her Budget speech highlighted that core inflation in India has declined to 3.1 percent, but economists highlight that falling core may not be such a good thing for the economy.India’s services inflation declined 2.67 percent in Jun...
2 months ago
Wall Street: steady gains wrap up a volatile week
Recession fears and relief rally stabilise a turbulent week Wall Street wrapped up a turbulent week on a steadier note, with Friday's session proving relatively uneventful, lacking major economic reports or earnings releases. The week began with fears of...
2 months ago
Tariff hikes by telcos likely to fuel FY25 inflation by 10-15 bps
With telecom companies calling an end to the three-year war over cutting down tariffs, there has been a 10-27 percent hike across the three major service providers since July. This paves the way for a 10-15-basis-point rise in inflation from earlier estim...
1 month ago
Ahead of the game: 26 August 2024
ASX 200 and US markets exhibit robust gains This week, US equity markets consolidated their recent gains, bolstered by dovish Federal Open Market Committee (FOMC) meeting minutes, anticipation of dovish tones from Federal Reserve (Fed) Chair Powell at Jac...
1 month ago
Ahead of the game: 7 October 2024
Middle East tensions weigh on US share markets US share markets eased this week, weighed down by simmering Middle East tensions and caution ahead of the all-important September payrolls report. Closer to home, the ASX 200 made a fresh record high of 8285....
1 week ago