United States 52-Week Bill Auction increased to 3.65% from previous 3.56%
United States 52-Week Bill Auction increased to 3.65% from previous 3.56%
Gold drops below $4,700 as strong US CPI lifts US Dollar and yields
Gold (XAU/USD) extends its slide on Tuesday, retracing the previous day’s gains as hotter-than-expected US inflation data boosts US Treasury yields and the US Dollar (USD).
Australian Dollar drops as hot US CPI strengthens Fed higher-for-longer outlook
The AUD/USD pair fell toward the 0.7220 region on Tuesday after hotter-than-expected United States (US) inflation data boosted the US Dollar (USD) and reinforced expectations that the Federal Reserve (Fed) may keep interest rates elevated for longer.
Dow Jones Industrial Average futures slide as CPI hits 3.8%, China trip looms
Dow Jones Industrial Average (DJIA) futures spent the overnight session in a tight range between 49,600 and 49,700, with little appetite to pick a side ahead of the April Consumer Price Index (CPI).
Warsh for Fed Board squeaks through Senate 51-45, Fed Chair vote on deck for Wednesday
Kevin Warsh squeaked through the Senate 51-45 on Tuesday to claim a seat on the Federal Reserve (Fed) Board of Governors, with the separate vote to confirm him as Fed Chair scheduled for Wednesday and Jerome Powell's term as chair wrapping up on Friday.
United States 10-Year Note Auction rose from previous 4.282% to 4.468%
United States 10-Year Note Auction rose from previous 4.282% to 4.468%
New Zealand Dollar declines amid strong US inflation as focus shifts to RBNZ outlook
NZD/USD trades around 0.5940 on Tuesday at the time of writing, down 0.41% on the day, pressured by stronger-than-expected inflation data from the United States (US).
US Dollar Index jumps after hot US CPI data reinforces hawkish Fed outlook
The US Dollar Index (DXY), which tracks the Greenback’s value against a basket of six major currencies, climbs to a five-day high on Tuesday as stronger-than-expected US inflation data bolsters the hawkish Federal Reserve (Fed) outlook.
United States Consumer Price Index Core s.a up to 335.423 in April from previous 334.165
United States Consumer Price Index Core s.a up to 335.423 in April from previous 334.165
United States Consumer Price Index ex Food & Energy (MoM) above expectations (0.3%) in April: Actual (0.4%)
United States Consumer Price Index ex Food & Energy (MoM) above expectations (0.3%) in April: Actual (0.4%)
United States Consumer Price Index n.s.a (MoM) rose from previous 330.21 to 333.02 in April
United States Consumer Price Index n.s.a (MoM) rose from previous 330.21 to 333.02 in April
United States Consumer Price Index ex Food & Energy (YoY) above forecasts (2.7%) in April: Actual (2.8%)
United States Consumer Price Index ex Food & Energy (YoY) above forecasts (2.7%) in April: Actual (2.8%)