Coforge hits record high, takes recovery from 52-week low to 118%
U.S. inflation data released on December 11 showed a 0.3 per cent month-over-month and 2.7 per cent year-over-year rise in the CPI, aligning with expectations. The CME FedWatch Tool indicates a 99 per ...
Gold Edges Higher as Fed Rate Cut Prospects Support
Gold edges higher in the early Asian session, supported by ongoing prospects of a Fed rate cut next week. The move came after U.S. CPI rose 2.7% on-year in November, matching consensus expectations.
Midday Market Report: Sensex, Nifty dip ahead of key economic data; IT stocks shine
Sensex and Nifty dipped in midday trade on December 12, with investors exercising caution ahead of India's inflation (CPI) and industrial production (IIP) data, set to be released later today. The ...
think4m
The Commodities Feed: Oil sanctions risk
US CPI numbers yesterday would have only reinforced the view that the Fed will likely cut interest rates by 25bp at its ...
Offshore Yuan Strengthens Slightly After Chinese State Media Report on Currency
The offshore yuan strengthened slightly against the U.S. dollar, aided by a Chinese state media report on the currency’s stability.