Producer price index July 2024:
A key measure of wholesale inflation rose less than expected in July, opening the door further for the Federal Reserve to start lowering interest rates. The producer price index, which …
Breaking News: Markets
Crude oil prices today: WTI near three-week high
U.S. crude oil prices traded close to a three-week high Tuesday, after rallying on Monday in anticipation of an attack by Iran against Israel that could play havoc with Mideast …
HelloFresh shares pop 11% as meal kit giant beats profit estimates
Shares of German meal kit firm HelloFresh jumped on Tuesday after the company reported a better-than-expected profit in the second quarter and said its ready-to-eat meals segment saw rapid growth. …
Carry trade unwind is healthy for Japan, Monex Group’s Koll says
Corrections in the yen and the unwinding of the carry trade are positive developments for Japan, said Jesper Koll, a veteran investor who remains bullish on the Japanese market. “It …
What’s likely to move the market in the next trading session
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., June 14, 2024. REUTERS/Brendan McDermid Brendan Mcdermid | Reuters Stocks @ Night is …
U.S. inflation, Japan CGPI; Singapore GDP
The momentum in Japan markets were largely driven by the country’s technology and financial sector. Doctoregg | Moment | Getty Images Japan’s major indexes gained more than 2% in Tuesday …
WTI tops $77 per barrel
U.S. crude oil topped $77 per barrel on Monday, rising for the fifth day as the Pentagon dispatched more forces to the Middle East in anticipation of an Iranian attack …
Market sell-off won’t last as there’s no tech bubble to burst: CIO
Global markets are cautiously rebounding from an early-August rout — and one asset manager says there’s no need to fear a burst tech bubble causing a persistent downturn. Technology stocks …
Bear market is likely coming in 2025, warns veteran investor David Roche
Jerome Powell, chairman of the US Federal Reserve, during a Senate Banking, Housing, and Urban Affairs Committee hearing in Washington, DC, US, on Tuesday, July 9, 2024. Tierney L. Cross …
India inflation and industrial data in focus
A money lender counts Indian rupee currency notes at his shop in Ahmedabad, India. Amit Dave | Reuters Asia-Pacific markets were mostly higher on Monday after a rollercoaster week that …