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Tag: hot inflation

NZD/USD – US retail sales decline, PPI softens, New Zealand GDP next

The New Zealand dollar is in negative territory on Wednesday, ending a 3-day rally that saw NZD/USD climb 160 points. In the North...

US Close: A cooling wage/hot payroll report, Banking System Fears, Rate Hike bets slashed, SVB fails, Oil rebounds, Gold shines bright, Crypto breaks below $20k

US stocks settled lower in a volatile session as traders digested a cooling wage/ robust job growth report and SVB contagion risks. This...

US Open: The Fed’s Inflation Problem, Rate hikes now priced in for next 3 meetings, Hawkish Fed speak, Oil and Gold crushed as dollar...

US stocks are selling off after the Fed’s preferred inflation reading comes in scorching hot, prompting bets that they will hike rates over...

Stocks go on a Powell Rollercoaster Ride, Fed’s Missed Opportunity, Oil rises, Gold volatile, Bitcoin higher

US stocks initially rallied after Fed Chair Powell didn’t take anything back from last week’s dovish FOMC press conference. Powell’s talk with David...

Stocks lower ahead of week filled with massive macro risks, Spain’s hot CPI report, Germany contracts, crypto drops

US stocks are selling off in what will be a massive week of corporate earnings, a key Fed decision, and an employment report...

Oil and gold dragged down on weakening outlook and inflation risks

Oil Crude prices are declining as the risks to the global outlook become overwhelming; ​ ​ China’s economy isn’t roaring back, global recession fears...

AUD/USD rises as inflation jumps

The Australian dollar has extended its rally with solid gains on Wednesday. In the North American session, AUD/USD is trading at 0.7080, up...

Biggest Crypto Gainers Today, December 17 – ARG, MAID, FGHT, D2T, RIA, TARO

Join Our Telegram channel to stay up to date on breaking news coverage It has been a volatile week for cryptocurrencies, especially Bitcoin and Ethereum,...

Week Ahead – Central banks remain hawkish

US Wall Street’s shortened trading week will be jam-packed with the FOMC minutes, more Fed speak, the flash PMIs and the final look at...

Yellen Downplays Stimulus Contributing to Inflation, Republicans Grill US Treasury Secretary’s Decisions

U.S. Treasury secretary Janet Yellen doesn’t think inflationary pressures stem from the stimulus policies enacted after the Covid-19 outbreak. While speaking to lawmakers on...

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