Dollar Drops to Two-Month Low on Cooling U.S. Inflation

Dollar Drops to Two-Month Low on Cooling U.S. Inflation

The dollar fell to a two-month low on Thursday after data showed U.S. inflation slowed...

Producer Price Inflation Tumbled In March To Lowest Since Biden Term Began

After yesterday’s mixed picture on CPI (cool headline, hotter than expected sticky core), all eyes...

Deficit Tops $1 Trillion in First Six Months of FY2023

The federal deficit topped $1 trillion in the first six months of fiscal 2023 (October...

Continuing Claims Hover Near 17-Month Highs

After last week’s dramatic ‘adjustment’ to the last year’s worth of jobless claims data, the...

Big Banks’ Balance Sheets Will Swell After the Recent Turmoil – That Could Be Bad News for Americans

Former Barclays CEO Bob Diamond expects upcoming big bank earnings to provide their shareholders with...

US and China Are Sending Global Debt to Record, IMF Warns

The US, China and other major economies need to do more to address debt levels...

Novogratz Says the ‘Clearest Trades’ Are Long Gold, Euro, Bitcoin

Galaxy Digital Holdings Ltd. founder Mike Novogratz said he expects gold, the euro and cryptocurrencies...

Gold and Silver Trade Near Highest in a Year as Fed Rate-Cut Expectations Persist: MW

Gold and silver futures trade just shy of the highest level in a year on...

BOJ’s Ueda Highlights Risk of Inflation Falling Below Target

New Bank of Japan Governor Kazuo Ueda struck a dovish tone once again by highlighting...

Global Markets Buoyed by Benign US Inflation Report

Global equities rose on Thursday while the dollar held near two-month lows after US inflation...

Traders Boost Bets on US Rate Cuts This Year After CPI

(Bloomberg) — Bond traders added to wagers that the Federal Reserve will cut interest rates...

Oil Holds Near Five-Month High as US, China Show Tighter Market

Oil traded near a five-month high as falling US inventories and surging Chinese imports added...

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