Gold anticipates Michigan sentiment and inflation outlook.
Gold prices fluctuate as interest rate expectations influence yields and bullion demand. Strong US housing data and Michigan sentiment figures fail to lift the dollar, but positive market sentiment curbs gold gains. The XAU/USD pair is trading within the $3,300 to $3,370 range. Gold (XAU/USD) has seen an uptick on Friday as traders turn their […]
Steve Moore Discusses the Impact of Trump’s Policies on Inflation and American Wages
Economic Insights from Steve Moore on Trump’s Policies Economist Steve Moore discussed on Thursday how President Donald Trump’s policies have notably influenced the US economy, especially regarding inflation and wages. He pointed out that Trump celebrated an economic success when the Personal Consumption Expenditure (PCE) index revealed that inflation in April 2025 declined to its […]
EUR/USD declines towards 1.1600 before Eurozone inflation data
EUR/USD has seen some declines ahead of the Eurozone’s consumer price index release. The US dollar may strengthen further as the Fed appears likely to keep interest rates steady in July. President Trump has indicated a potential deal with European nations. EUR/USD recently capitalized on gains from a previous session, hovering around 1.1620 during Thursday’s […]
Producer Prices Defy Tariff Inflation Fears
Tariffs and Their Impact on Inflation The recent numbers from the June producer price index (PPI) have thrown a wrench in the arguments of those claiming that tariffs are driving up prices. The final demand price saw a tiny increase of 0.2% for the month. Meanwhile, core product prices rose by just 0.3%. This suggests […]
Scott Jennings Fact-Checks Democratic Claims About Trump and Inflation
During a debate about inflation on Tuesday, Republican strategist Scott Jennings told Democratic strategist Julie Loginsky that he felt he had been “lied to” regarding egg prices. In the early days of President Donald Trump’s second term, Democrats criticized him for soaring prices, specifically pointing out that egg prices had doubled between November 2023 and […]
Inflation Was Completely Absent in June
Producer Prices Show Stability Despite Expectations The prices that American companies received for their goods and services in June didn’t align with expectations that tariffs might push inflation higher in the U.S. economy. On Wednesday, the Labor Department reported that the producer price index (PPI) remained unchanged in June compared to May. Economists had anticipated […]
Pound Sterling rises as UK inflation increased more than anticipated in June
Sterling Faces Challenges as UK Inflation Surges UK inflation outpace expectations in June, putting pressure on the pound. Investors are shifting focus to the upcoming UK labor market data for the three months ending in May. The US CPI report indicates that tariffs are affecting consumer prices. The Pound Sterling (GBP) is set to experience […]
Pound Sterling bounces back after strong UK inflation figures
Key Updates for Wednesday, July 16th Pound Sterling and US Dollar (USD) are making headlines today. The USD index is likely to pull back from the recent multi-week high it reached on Tuesday. Expect producer inflation data for June and industrial production figures to be released later, alongside speeches from various Federal Reserve officials. Additionally, […]
EUR/USD drops near 1.1600 as US inflation increases, dimming hopes for a Fed rate cut
If US CPI surpasses forecasts, EUR/USD will drop, strengthening the Fed’s stance and stabilizing fees. Trump calls for interest rate cuts, threatens more tariffs and seals Indonesia’s trade agreement. Germany’s Zew Sentiment jumped to 52.7, the highest since February 2022. The EUR/USD pair dipped by 0.55% on Tuesday, reflecting the Federal Reserve’s current approach after […]
Stock futures decline as investors wait for additional bank earnings and inflation updates: Live updates
Stock Futures Experience Volatility Amid Inflation Concerns On the evening of April 2, 2025, stock futures were moving in unpredictable ways as traders anticipated earnings reports from major banks along with updates on wholesale inflation. Futures for the Dow Jones Industrial Average saw a modest increase of 101 points, or 0.2%. In contrast, S&P 500 […]