Page 18 - Us Inflation

Sensex slides 773pts, Nifty ends below 17400 amid global pullback; IT bleed

All the sectoral indices settled in the negative territory today with technology and public sector banks being the worst hit. The IT and PSB indices dropped nearly 3% and 2%, respectively

European stocks open lower after hot US inflation raises rate hike bets

US consumer prices showed the biggest annual increase in 40 years, data released late on Thursday showed

Oil prices slip on hot US inflation concerns, set for weekly fall

The benchmark oil prices are also in line for their first weekly decline after seven consecutive weekly gains

Asian shares fall, US treasury yields hold firm after US inflation data

MSCI's broadest index of Asia-Pacific shares outside Japan dropped 0.76%, with most markets in the red, though a resurgence in property stocks helped greater China markets

Oil prices steady amid prospects of aggressive Fed interest rate hike

After U.S. inflation data came in on Thursday at its hottest in 40 years, St. Louis Federal Reserve Bank President James Bullard said he wanted a full percentage point of interest rate hikes by July 1

US inflation data hits global stock markets, lifts benchmark yields

The S&P 500 is now down about 5% in 2022, and the Nasdaq is down about 9%

US inflation hits new 40-year high in Jan; stocks fall; bond yield rises

The acceleration of prices ranged across the economy, from food and energy to apartment rents and electricity

Dollar posts solid gains after higher-than-expected US CPI data in Jan

CPI rose 0.6% last month from December, the Labor Department said, while in the 12 months through January, the CPI jumped 7.5%, the biggest year-on-year increase since February 1982

Wall Street falls as report shows US inflation still red hot

US markets are falling after a report showed inflation in the US is running hotter than previously thought. Futures for the Dow Jones Industrial dropped 0.6%, while futures for the S&P 500 declined by 1.2%. Nasdaq futures dropped more sharply, down 1.9%. Labour Department data showed that inflation soared over the past year at its highest rate in four decades, hammering America's consumers, wiping out pay raises and reinforcing the Federal Reserve's decision to begin raising borrowing rates across the economy. The consumer price index rose 7.5% year over year in January, while the expectation was for an increase of 7.3%. Bond yields rose on the news. The yield on the 10-year Treasury rose to 1.99%. The yield has been at 2% since August 2019. European markets moved lower after the US inflation numbers came out. Germany's DAX slipped 0.1% and France's CAC 40 edged down 0.5% after being up earlier. The Walt Disney Co. gained more than 6.2% in off-hours trading after it reported a ..

Global stock recovery takes a breather ahead of US inflation numbers

European stocks were mostly higher or unchanged on the day, while U.S. futures pointed to small declines at the open on Wall Street

Currency markets calm, euro-dollar steady ahead of US inflation data

Currency market moves were small on Thursday as investors waited for key data on U.S. inflation to give clues on the Federal Reserve's policy tightening trajectory

Gold prices range-bound as investors brace for US inflation data

A robust inflation reading is expected to burnish gold's appeal as an inflation hedge, but interest rate hikes would raise the opportunity cost of holding non-yielding bullion

Stock rally loses steam in Asia as US inflation test looms

The performance in Asian stocks was sharply divided between Chinese equities and the rest of the region

Gold caught in range as inflation risks keep investors on edge

Spot gold XAU= was up 0.1% at $1,827.20 per ounce as of 0957 GMT, trading in a narrow $5 range. U.S. gold futures GCv1 were steady at $1,828.40

Oil falls as looming US rate hikes spook investors

Oil prices fell on Thursday as the US dollar strengthened following signs that the Federal Reserve will tighten monetary policy soon in the world's biggest oil user

Investors seek refuge in China as Fed, inflation roil other markets

Major central banks are preparing to withdraw the excess stimulus measures of the past couple of years.

Biden pledges to 'get inflation under control' as his approval rating slips

US President Joe Biden has pledged to "get inflation under control" as American voters were increasingly pessimistic about the economy

Asia shares stumble on weak China economic data, US dollar heavy

US consumer price inflation was at its highest in nearly 40 years, data showed overnight

With inflation at 40-year high, US central bankers consider March rate hike

US central bankers are coalescing around a plan to start tapping the brakes on economic growth as soon as March, with further monetary policy tightening likely as the year goes on

World stocks rise, dollar down; US inflation data surges as forecast

World stocks rose while US Treasury yields and the dollar fell, after the latest US inflation data showed price pressures surging