Market News
Market News
Australia’s annualized inflation rate eased in January to 7.4%, but this is still the second-highest monthly year-on-year increase since records began back in September 2018.
Australian Inflation Drops Sharply; Chinese Stocks Soar; US 2-Year Treasury Yield Near Record High
Stocks, Risky Assets Make Minor Bounce Back; Yellen Forecasts Soft Landing; Uchida Emphasises Continued Easing for Japanese Economy
Asian Equities Trade Slightly Lower; US Dollar, Japanese Yen Firm; US 2-Year Treasury Yield Near Multi-Year High; Lagarde Sees 50bps Rate Hike
FOMC Minutes Show Open to Further 0.25% Hikes, Focus on Inflation; US Dollar Higher, Stocks Weak; 2-Year Treasury Yield Near Multi-Year High.
The Reserve Bank of New Zealand (RBNZ) has raised its interest rates by 0.50% to a 14-year high of 4.75% and signaled that there will be further rate rises to come in its attempt to combat high inflation.
S&P 500 Index Worst Day in 2 Months; US Dollar Higher; 2-Year Treasury Yield Near Multi-Year High; RBNZ Raises Rates by 0.25%
RBA Notes Cash Rate Remains Relatively Low; Stocks Lower, US Dollar Higher; US Treasury Yields Climb
Two FOMC Members Suggest Stronger Hike; Yen Awaits Ueda Testimony; Aussie Opens Week Stronger
Strong US Retail Sales; UK Inflation Drops; Australian Unemployment Worsens
Annualized inflation in the US has fallen for the seventh consecutive month in January to 6.4%, according to the Bureau of Labor Statistics (BLS).
US CPI Declines to Only 6.4%; Fed’s Williams Says “Work Not Yet Done”; US Dollar Firm; Stock Markets Mostly Lower in Asian Session.
US Dollar Near 5-Week High on Expected Rate Hikes; Markets Nervous About US CPI Data; Stock Markets Mostly Lower in Asian Session
Hawkish Comments from Fed Members Boost Rate Expectations; US Treasury Yields Remain High and Rising; Stock Markets Recover in Asian Session.
Powell Sees Inflation Lowering, But Open to More Hikes; Stocks Rally, NASDAQ 100 Makes 4-Month High Close