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U.S. Consumer Prices Climb 0.5% In January, More Than Expected

U.S. Consumer Prices Climb 0.5% In January, More Than Expected

Consumer prices in the U.S. increased by more than expected in the month of January, according to a report released by the Labor Department on Wednesday. The Labor Department said its consumer price index advanced by 0.5 percent in January after climbing by 0.4 percent in December. Economists had expected consumer prices to rise by 0.3 percent.
RTTNews | vor 210 Tagen
India Inflation Weakens More Than Forecast To Lowest Level In 5 Months

India Inflation Weakens More Than Forecast To Lowest Level In 5 Months

India's consumer price inflation slowed more than expected to a five-month low in January reinforcing expectations that the Reserve Bank of India will reduce interest rates further. The consumer price index registered an increase of 4.31 percent on a yearly basis in January, weaker than the 5.22 percent rise logged in December, official data revealed on Wednesday.
RTTNews | vor 210 Tagen
Bay Street Likely To Open On Weak Note

Bay Street Likely To Open On Weak Note

Lower crude oil and bullion prices point to a negative start for the Canadian market Wednesday morning. U.S. consumer price inflation data is likely to make a significant impact on price movements.
RTTNews | vor 210 Tagen
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FTSE 100 Flat In Lackluster Trade; Barratt Redrow Rises On Strong Earnings

FTSE 100 Flat In Lackluster Trade; Barratt Redrow Rises On Strong Earnings

U.K. stocks are moving in a tight band along the flat line Wednesday morning as investors largely stay cautious ahead of U.S. consumer price inflation data due later in the day. Fears of a global trade war following fresh tariffs by the Trump administration weigh on sentiment.
RTTNews | vor 210 Tagen
CAC 40 Advances In Cautious Trade

CAC 40 Advances In Cautious Trade

French stocks are up Wednesday morning, extending gains to a third session and hovering around 8-month highs, as investors continue to react to a slew of corporate earnings updates, and look ahead to U.S. consumer price inflation data.
RTTNews | vor 210 Tagen
DAX Modestly Higher As Investors Await U.S. Inflation Data

DAX Modestly Higher As Investors Await U.S. Inflation Data

German stocks are up in positive territory Wednesday morning, with investors indulging in some selective buying ahead of U.S. consumer price inflation data, due later in the day. Optimism about another interest rate cut by the Federal Reserve is aiding sentiment.
RTTNews | vor 210 Tagen
European Shares Edge Higher Ahead Of US CPI Reading

European Shares Edge Higher Ahead Of US CPI Reading

European stocks edged higher on Wednesday ahead of the release of U.S. consumer inflation reading later in the day. Economists expect core consumer inflation to increase slightly to 0.3 percent for January.
RTTNews | vor 210 Tagen
Yen Falls Amid Worries About Trump's Trade Tariffs

Yen Falls Amid Worries About Trump's Trade Tariffs

The Japanese yen weakened against other major currencies in the Asian session on Wednesday, as traders remain cautious amid raising fears of a brewing global trade war and its impact on inflation. They also reacted to U.S. Fed Chair Jerome Powell's cautious remarks on interest-rate cuts and awaited the release of U.S. CPI data for additional clues on future monetary policy.
RTTNews | vor 210 Tagen

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