#Inflation
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Core PCE Inflation Hits 3.4% as Services Keep Price Pressure Elevated
Core PCE inflation rose 3.4% year over year in May, matching forecasts and reaching its highest level since November 2023.…
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Canada May CPI Hits 3.2% as Gasoline Drives Inflation Above Forecasts
Canada May CPI rose 3.2% year over year, topping the 3.0% consensus and accelerating from 2.8% in April. The hotter…
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Bond Market Signals May CPI Spike May Not Change Fed Path
U.S. headline CPI rose 4.2% in May, but Treasury yields fell as investors focused on softer core inflation and an…
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Gold Holds Near $4,080 as 4.2% Inflation and Iran Risk Pull Prices in Opposite Directions
Gold steadied near $4,080 after sliding to $4,053, with hot inflation data lifting rate-hike expectations even as Middle East tensions…
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Bitcoin Holds Near $61,000 After 4.2% CPI Keeps Pressure on Risk Assets
Bitcoin hovered near $61,000 after a 4.2% inflation reading reinforced a higher-for-longer rate outlook. ETF outflows, technical weakness and shifting…
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Gold Holds Near $4,200 After CPI Split as $4,099 Support Comes Into Focus
Gold steadied near $4,200 after a softer core CPI reading offset pressure from a hotter 4.2% headline inflation print. Investors…
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US CPI in Focus as May Inflation Seen Reclaiming 4% Ahead of Fed
Markets are bracing for a pivotal May US CPI report on June 10, with headline inflation expected to climb back…
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Hawkish Fed Risk and Strait of Hormuz Tensions Set the Market Agenda
Markets entered June 8 with little on the data calendar, leaving investors focused on rising expectations for a Federal Reserve…
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S&P 500 Falls After 3.8% CPI and $100 Oil Shake Risk Assets
U.S. stocks pulled back after April inflation accelerated to 3.8% and crude climbed above $100 a barrel. The hotter CPI…
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Gold Price Holds Near $4,706 as CPI Surprise and Iran Risk Pull Markets in Opposite Directions
Gold traded near $4,706 after failing to clear $4,770, with stronger-than-expected U.S. inflation and persistent Iran tensions shaping the near-term…