Data
US: Apple, other tech shares bounce after mixed inflation data
APPLE and other tech shares led US equities higher on Thursday following mixed inflation data and a European Central Bank decision that signaled a possible imminent interest rate cut.US...
US dollar weakens after producer prices data, falls below 153 against yen
THE greenback fell on Thursday (Apr 11) as weaker-than-expected US producer prices for March partly eased market concerns about persistent inflation, suggesting that even with recent strong economic data,...
US: Wall St opens higher as fresh inflation data allays rate jitters
WALL Street’s main stock indexes opened higher on Thursday (Apr 11) after softer-than-anticipated producer prices data soothed investor fears about sticky inflation, keeping hopes of rate cuts from the...
Asia: Market tracks Wall Street losses as US data deals blow to rate cut hopes.
ASIAN markets reversed on Thursday (Apr 11) after forecast-topping United States inflation dealt a hefty blow to hopes for a June interest rate cut and forced traders to re-evaluate...
US: Wall Street drops over 1% after hot consumer prices data
WALL Street’s main stock indices tumbled on Wednesday (Apr 10) after a stronger-than-anticipated inflation reading dampened hopes of the Federal Reserve kicking off its monetary easing cycle in June.A...
US dollar soars to highest versus yen since mid-1990 after inflation data
THE yen weakened on Wednesday (Apr 10), pushing the greenback to its highest against the Japanese currency since 1990, with markets alert to any signs of intervention from the...
US dollar flat as investors await inflation data; focus on yen action
THE dollar was little changed on Tuesday (Apr 9), with investors cautious ahead of U.S. inflation data to be released on Wednesday, even as the yen hovered near multi-decade...
US: Stocks end mostly up ahead of key inflation data
WALL Street stocks finished mostly higher Tuesday (Apr 9) ahead of key US inflation data as markets grapple with a shifting outlook for monetary policy.Investors will be poring over...