Thu, Oct 10, 2024
The US consumer price index is expected to have risen just 2.3 per cent in September from 12 months earlier, down from the 2.5 per cent year-over-year increase in August, according to economists surveyed by FactSet, a data provider.
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Wed, Sep 11, 2024
It was the fifth straight annual drop and the smallest such increase since February 2021. From July to August, prices rose just 0.2%. Excluding volatile food and energy costs, so-called core prices rose 3.2% in August from 12 months earlier, the same as in July. On a month-to-month basis, core prices rose 0.3% last month, a pickup from July's 0.2% increase.
Wed, Aug 14, 2024
US consumer inflation was recorded at an annual 2.9 per cent in July, marking a month-on-month increase of 0.2 per cent - or 20 bps, data released on Wednesday showed.
Mon, Dec 12, 2022
US markets declined due to inflation concerns. Dow slipped 305 points on Friday. Whereas, the S&P 500 fell 29 points and the Nasdaq lost 77 points. November PPI stood at 7.4% which is higher than expected. October PPI stood at 8.1% with a slight improvement. Apart from this, the dollar index reached near 105. Brent crude reached at $76.73 per barrel and WTI crude reached at $71.80 per barrel. November CPI figures will be released today.
Fri, Nov 11, 2022
Gold reached above $1,760 on COMEX. Gold crossed Rs 52,000 on MCX. US retail inflation fell more than expected in October. Inflation in the US stood at 7.7%. Dollar index reached near 108. The rate hike is expected due to lower inflation. According to the opinion of experts, the Fed can increase rates by 50 basis points instead of 75.
Why there was a strong jump in the US market yesterday? Is FED medicine working? Now how much will interest rates increase next time? How good is a bond yield event? Know from Anil Singhvi.
According to data released by the US Labor Department, the inflation rate in the US reached 7.7% in October. After this the US market made the biggest jump in 2.5 years. The Dow Jones jumped 1,200 points, Nasdaq by 7.5% and the S&P 500 was up by 5.5%. Apart from this, Amazon's stock rose 12%, Apple 8%, Alphabet 7% and Meta gained 10%. On the other hand, the stock of VIX fell by 10%.
Thu, Nov 10, 2022
Today, Gold has reached close to $ 1,710 per ounce on COMEX. On MCX, the price of Gold was trading marginally higher by Rs 51,600 per 10 grams. Whereas, the price of Silver on MCX declined by Rs 61,400 per kg. If the dollar strengthens, then the pressure on gold prices will remain. In such a situation, if the dollar is stable or weak due to lower inflation, then gold prices will get support. Where will the price of gold go from here, it will completely depend on the US inflation data.
Fri, Oct 14, 2022
US inflation higher than expected, Why stocks scored a historic bounce? What is the reason for the sudden surge? How far will the Dow Jones go? Know it from Anil Singhvi.
There was a great recovery in the US markets yesterday. Dow Jones jumped 827 points to close at day's high. Whereas, Nasdaq gained more than 2%. S&P 500 rose nearly 2.5%. Japan's Nikkei gained about 700 points. KOSPI jumped more than 2%. Europe markets gained 0.5% The new consumer price index (CPI) print showed that annual inflation stood at 8.2%, compared to analysts’ estimates of 8.1%. Banks, economy-related stocks were the biggest gainers.
Thu, Oct 13, 2022
Core inflation in US remained at a four decade high at over 8 per cent in September and would likely trigger further interest rate hikes by the Federal Reserve. The data spoiled mood in the commodity markets as bullion prices dropped sharply in the international and domestic markets. How US inflation is a big concern for India? Know from Anil Singhvi on India 360.
The Dow Jones slipped 30 points amid trading in the range of 300 points ahead of the inflation data coming in the US today. S&P 500 and NASDAQ also fell slightly. Pepsi's results were better than expected, the company increased guidance. All eyes on today's inflation data with an estimate of 8.1%. The Fed says that, "The need to raise interest rates will continue. Inflation hike has been higher than expected. Inflation is expected to remain at higher levels for a long time. The terminal rate may remain close to 4.6%''. Aluminum jumped 7% in intraday on news of US ban on Russian aluminum. Crude oil slipped for the third day with trading near $ 92.
Wed, Sep 28, 2022
Dow Jones slipped 125 points amid trading in the range of 700 points. Dow and S&P fell for the sixth consecutive day amid heavy volatility. The Nasdaq saw slight gains. Gold recovered from 2.5-year low. The 10-year bond yield jumped to near 4%. The worries of recession and inflation dominate the market.
Mon, Sep 19, 2022
What will happen at the US Fed meeting? How much interest rate is likely to increase? What to do in the market before the US Fed meeting? Meeting of 8 central banks this week, what will be the focus? What do do in gold and silver, buy or wait? What's special about National Logistics Policy? Know from Ajay Bagga, Chairman and Market Expert, Elyments Platforms.
On Friday, Dow Jones fell 140 points to close at 30,822. On the other hand, Nasdaq lost 104 points and closed at the level of 11,448. All eyes are on the Fed's policy on coming Wednesday. World Bank, IMF warned about deepening of global slowdown. Crude oil declined for 3 consecutive weeks. Gold hits two-and-a-half-year low.
Wed, Sep 14, 2022
The cost of services 'which are increasingly driving consumer inflation' rose 0.4 per cent in August, driven by higher prices for public transportation, car rentals and some financial services.
In an exclusive conversation with Zee Business Managing Editor Anil Singhvi, Kunj Bansal, CIO, Investment-Illiteracy.com, said that the domestic markets outlook is strong as India’s inflation rate is lower than the US.
What is the reason for the stir in the US market? How hard did inflation hit America? Will interest rates increase by 1% now? If 1% rates increase in America, then how much will interest rates increase in our country? Know from Anil Singhvi.
What should traders do if the Indian market opens on a negative note today? Why is the next 2 days so important for Traders? What are the important things for traders to keep in mind? Traders must watch this video.
Why are US inflation figures so bad? What is the opinion on the big fall in the market? How will the market survive after bad inflation data? How much will the Fed raise interest rates now? Know from Ajay Bagga, chairman and market expert, Elyments Platforms.
In the US in August, the inflation rate increased more than the estimate, there was an outcry in the US markets. On Tuesday, the Dow Jones fell 1276 points to close at 31,105. While Nasdaq fell 633 points and closed at 11,634 level. S&P fell by 4.32%. Asian markets fell 2.5%, SGX Nifty fell 300 points. America's inflation rate has reached 8.3% in the month of August.
Tue, Sep 13, 2022
The United States reported its Consumer Price Index (CPI) inflation for August at 8.3%, slightly above estimates of 8.1%. Will the Fed Reserve raise interest rates again? Know the opinion of Global Market Expert Ajay Bagga on India 360.
US markets rose for the fourth consecutive day ahead of the inflation data coming today. Dow Jones climbed 230 points to close at 32,381 points. On the other hand, Nasdaq jumped 150 points and closed at the day's high. KOSPI gained 51 points, while SGX Nifty is trading with a gain of 110 points. At the same time, Apple stocks surged 4%. Apart from this, a rise of 1-1.5% was seen in Europe markets. In August, the US inflation rate is expected to come down from 8.5% to 8.1%. Crude oil remains at $93 due to supply concerns.
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