Tag: inflation
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Traders see September rate hike as European Central Bank mulls energy price spike
ECB president Christine Lagarde said the bank anticipates inflation to remain “well above target” until the first half of 2027.
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Silver and gold prices stage a cautious rebound — but analysts see slim hopes for a sustained rally
Precious metals have rallied in recent days, but analysts say prices could face a difficult path back to all-time highs achieved earlier this year.
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Oil prices jump 4% as Rubio says Iran ‘not serious’ about peace talks
Oil prices rose as hopes for a ceasefire in the Middle East faded.
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CNBC Daily Open: Generic problems, AI valuations and earnings on tap
President Trump takes fresh aim at the pharmaceutical sector, with a plan to levy 100% tariffs on generic drugs as he targets key areas ahead of the midterms.
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Dollar steady as investors weigh Middle East jitters against softer inflation data
BENGALURU/HONG KONG, July 21 : The U.S. dollar held steady on Tuesday as markets balanced signs of escalating tensions in the Middle East against lingering optimism from softer inflation data last week.The U.S. dollar index, which measures the currency against a basket of six peers, was largely unchanged at 1
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Dollar softens as investors weigh Middle East jitters against inflation data
BENGALURU/HONG KONG, July 21 : The U.S. dollar ticked lower on Tuesday as markets balanced conflicting signals from the Middle East against lingering optimism from softer inflation data last week.The euro rose 0.09 per cent against the dollar to $1.1424 while the yen declined 0.09 per cent against the dollar
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CNBC Daily Open: Can he Healey the British economy?
Britain’s new Prime Minister, Andy Burnham, names former Defense Secretary John Healey as Chancellor of the Exchequer in a suprise move.
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CNBC Daily Open: Burnham set to take helm of ‘poverty stricken disaster,’ says Trump
Britain’s new Prime Minister Andy Burnham faces instant pressure from President Trump to “open up” North Sea oil.
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Import prices post surprise gain as costs of goods from China hit highest since 2008
Import prices were up 0.3% for the month, as a drop in energy was more than offset by increases elsewhere.
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CNBC Daily Open: Trump lashes out at electoral system and China in fiery speech
President Trump is doubling down on his 2020 election rigging claims, alleged Chinese interference, and on access to information via a new API product.
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