Monthly archive February, 2024

India consumer price inflation softened to a three-month low in January on moderating food price growth, data from the Ministry of Statistics and Programme Implementation showed Monday. The consumer price index posted an annual growth of 5.10 percent, weaker than Read More →

Following last Friday's much stronger than expected monthly jobs report, the Labor Department released a report on Thursday showing first-time claims for U.S. unemployment benefits fell by more than expected in the week ended February 3rd. The report said initial Read More →

The Commerce Department released a report on Thursday showing wholesale inventories in the U.S. rebounded in line with estimates in the month of December. The report said wholesale inventories climbed by 0.4 percent in December after falling by a revised Read More →

After trading marginally up during the European session, the U.S. dollar turned weak and stayed subdued through much of the day's session on Friday with investors continuing to assess the outlook for interest rates.Original Article Read More →

Driven by falling energy prices, Germany's consumer price inflation softened to the lowest level in just over two-and-a-half years, as initially estimated in January, final data from Destatis showed on Friday. The consumer price index, or CPI, registered an annual Read More →

The U.S. dollar climbed higher on Thursday, recovering from recent losses, as data showing a bigger than expected drop in U.S. jobless claims dampened prospects of early rate cuts by the central bank.Original Article Read More →