US Dollar Index rises close to 98.00 before PCE Price Index data
The US Dollar Index is progressing alongside the US economy, which saw growth in the second quarter. Headline PCE is anticipated to increase by 2.6% year-over-year, while core PCE is predicted to rise 2.9% in July. Concerns regarding the Federal Reserve’s independence have intensified following comments from US Vice President Vance about the end of […]
S&P 500 Movements Today: Index Surpasses 6500 Following Nvidia Earnings; Hormel Declines
Key takeout The S&P 500 rose by 0.3% on August 28, 2025, reaching a new record following Nvidia’s earnings announcement and a positive revision of US GDP growth. Shares of Datadog, a provider of business monitoring software, showed strong performance amidst growing interest in AI technology. Hormel Foods experienced a significant drop in stock value […]
US Dollar Index falls close to 98.00 as caution surrounds upcoming US PCE inflation report
The US Dollar Index is experiencing some downward pressure as it approaches the release of July’s US PCE inflation data on Friday. There’s a generally high level of confidence among traders that the Fed will lower interest rates during its meeting in September. New York Fed President Williams emphasized the importance of analyzing economic data […]
S&P 500 Today: Index Reaches All-Time High Before Nvidia Earnings
Key takeout The S&P 500 saw a modest increase of 0.2% on August 27, 2025, reaching a new record as investors prepared for Nvidia’s upcoming revenue announcement. Albemarle’s stock climbed after UBS upgraded its rating, signaling a more favorable outlook for lithium prices. Paramount Skydance stock dropped, with analysts expressing concerns over the company’s ability […]
US Dollar Index approaches 99.00 as expectations for Fed rate cuts decrease, attention on Powell’s speech
The US Dollar Index gained from Powell’s speech at the Jackson Hole Symposium. Odds of a Fed rate cut shifted following US purchasing manager index and unemployment claims data. Cleveland Fed President Hammack noted there are no current cases for cutting interest rates. The US Dollar Index (DXY), which tracks the dollar’s value against six […]
US Dollar Index remains stable above 98.50, with attention on Jackson Hole Symposium
The US Dollar Index is expected to stay steady around 98.65 during Friday’s Asian trading session. In August, the US experienced an uptick in combined PMI, driven mainly by a recovery in manufacturing. Later on Friday, attention will be on a speech by Federal Reserve Chairman Jerome Powell. The US Dollar Index (DXY), which assesses […]
UK Consumer Price Index expected to indicate prices increasing significantly above Bank of England’s target.
The UK’s National Statistics Bureau will publish its July CPI data on Wednesday. Inflation as measured by CPI is expected to exceed the July target set by the Bank of England (BOE). GBP/USD has seen a slight bear correction before this release. The UK June Consumer Price Index (CPI) is set to be released on […]
US Dollar Index stays above 98.00 as hopes for Ukraine-Russia peace rise
US Dollar Index Gains Support Amid Ukraine-Russia Dialogue The US Dollar Index is buoyed by encouraging signs regarding a potential resolution to the Ukraine-Russia conflict. Preparations have begun for a trilateral meeting involving President Trump, Russian President Putin, and Ukrainian President Zelensky. The CME’s FedWatch tool indicates an 84% probability of a 25 basis point […]
US Dollar Index declines toward 98.00 before US PPI release
The US Dollar Index is expected to decline during Friday’s Asian session. The Producer Price Index (PPI) in the US rose more than anticipated in July. Market participants are looking forward to the July retail sales data being released on Friday. The US Dollar Index (DXY), which measures the dollar’s performance against a group of […]
Wholesale Price Index Rises at Highest Rate Since June 2022
Producer Price Index Sees Significant Rise The producer price index (PPI) experienced a noticeable increase of over 0.9% last month, marking the most substantial rise since June 2022. According to a report from the Bureau of Labor Statistics (BLS), wholesale prices—representing the cost at which manufacturers or suppliers sell large batches of goods to retailers—increased […]