China CPI inflation Outlook: China Consumer Price Index (CPI) was unchanged in July from a year ago after rising 0.1% in June, the National Bureau of Statistics of China reported on Saturday. The market consensus was for -0.1% in the reported period.
CPI
Morgan Stanley Expects Retail Inflation To Climb Back To 4% By March 2026
Morgan Stanley expects India’s retail inflation to climb back to around the 4% mark by the quarter ending March 2026. The brokerage forecasts inflation to ease to approximately 1.5% in July, before averaging between 2% and 2.5% in the quarters ending September and December.
Stock Market Update: Dow Falls, S&P 500 and Nasdaq Climb as Inflation Drops to 4-Year Low
Stock Market Update: Discover today’s stock market update: Dow drops due to UnitedHealth, while S&P 500 and Nasdaq rise as inflation hits a 4-year low. Stay informed with simple market insights.
Forecasting the upcoming week: Investors’ focus remain on tariffs, the Fed and inflation
The US Dollar Index (DXY) closed the week on the defensive and challenging its key 200-week SMA in the mid-102.00s, all against the backdrop of a marked retracement in US yields across the board. The NFIB Business Optimism Index is due on April 8 seconded by the API’s weekly report on US crude oil stockpiles.
Eurozone Preliminary HICP inflation edges higher to 2.4% YoY in December, as expected
The Eurozone Harmonized Index of Consumer Prices (HICP) rose 2.4% year-over-year (YoY) in December after reporting a 2.2% increase in November, the official data released by Eurostat showed Monday. The reading aligned with the estimated 2.4% print for the reported period.
Gold Price Rises to near $2,650 [09-12-2024]
Gold price (Yellow Metal) trades with mild gains around $2,645 during the early Asian session on Monday. The renewed geopolitical tensions in the Middle East and Federal Reserve (Fed) rate cut expectations support the yellow metal. The US Consumer Price Index (CPI) for November will be in the spotlight on Wednesday.
Gold Investors Await Fed’s Response and US Inflation Report
Spot Gold Forecast For Today: Stock markets in the US will remain open on Veterans Day on Monday but bond markets will be closed, limiting the market volatility at the beginning of next week.