Stocks Climb to Record High as CPI Report Maintains Optimism for Rate Cuts; Oracle Shares Drop
Why Wall Street Analysts Believe Oracle Stock’s Strong Performance is Just Getting Started Just a few minutes ago Oracle’s (ORCL) rapid growth and heightened demand for AI is prompting Wall Street analysts to raise their price targets for the stock. Recently, the shares jumped 36% to a record high of approximately $328 after the computing […]
Stock futures reduce gains following CPI and unemployment information: Live updates
Market Update: Consumer Inflation and Tech Stocks Influence Trading On September 10, 2025, traders were busy on the New York Stock Exchange, particularly as the Swedish fintech company Kralna prepared for its IPO. Meanwhile, the S&P 500 Futures remained relatively stable on Thursday while Wall Street absorbed the latest consumer inflation data. Futures linked to […]
US Dollar Index remains stable under 98.00 before US CPI figures
In Thursday’s Asian session, the US Dollar Index is expected to remain stable around 97.85. The annual PPI inflation in the US came in lower than anticipated, bolstering arguments for potential Fed rate cuts. Traders are looking forward to the US August CPI inflation data, which is set for release in the latter part of […]
GBP/USD keeps approaching 1.3550 as US CPI inflation data is expected.
GBP/USD saw modest gains on Wednesday while participants wait for the upcoming inflation report. US PPI inflation moderated in August, casting a favorable light on the Fed’s upcoming decision. US CPI inflation is set for release on Thursday, which may complicate the Fed’s path regarding future rate reductions. On Wednesday, GBP/USD made a slight bullish […]
Australian Dollar stays muted after China’s CPI report
Australian Dollar Insights Amid Economic Shifts The Australian Dollar is seeing some support as the chances of cuts to the RBA rates seem to be easing. China’s Consumer Price Index (CPI) showed a decrease of 0.4% year-on-year, with inflation dropping to 0% in August. Revisions to U.S. non-farm salary figures indicate that total agricultural employment […]
When is the China CPI report, and what effect might it have on AUD/USD?
China’s CPI and PPI Updates In August, China’s Consumer Price Index (CPI) dropped by 0.4% compared to the previous year, following a 0% reading in July, according to the National Statistics Office’s report released on Wednesday. Market expectations had predicted a smaller decline of -0.2% for this period. On a month-over-month basis, China’s CPI inflation […]
EUR/USD reduces recent increases as Eurozone CPI data takes center stage
The euro is likely to decline from its recent peak as the US dollar deals with growing risk aversion. Unexpectedly high inflation data in the eurozone hasn’t been enough to bolster the euro. Following a slight dip, the US dollar is recovering ahead of significant business activity and employment reports from the US. The EUR/USD […]
EUR/USD drops to around 1.1650 before German retail sales and CPI information
The EUR/USD pair has weakened as traders brace for important economic data from Germany. Market participants will be keeping an eye on US personal consumption expenditure price index data for July, due later in the North American session. Concerns regarding the Federal Reserve have intensified after US Vice President Vance indicated a shift away from […]
Japanese Yen rises above 146.50 following Tokyo’s CPI inflation report.
USD/JPY dipped to about 146.85 early in the Asian session on Friday. Tokyo’s core CPI rose 2.5% year-over-year in August, aligning with predictions. The US economy expanded at an annual rate of 3.3% in the second quarter of 2025. The USD/JPY pair has softened to roughly 146.85 during the early hours of Friday in Asia. […]
USD/JPY slips down before Tokyo CPI and US PCE inflation data.
The Japanese yen is expected to strengthen, potentially pushing USD/JPY below the significant level of 147.00. The US dollar faces pressure due to concerns regarding the Federal Reserve’s independence and uncertainties about its monetary policy outlook, compounded by unclear US GDP and employment data. Attention will turn to upcoming reports on PCE and Tokyo CPI, […]