Tag : inflation data

Business

China inflation hits 1% in March as PPI turns positive

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BEIJING: China’s consumer inflation rose 1.0% in March from a year earlier, official data showed on Friday, easing from February’s 1.3% increase as spending cooled after the Lunar...
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Silver tumbles as COMEX margins rise and volatility spikes

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NEW YORK: Silver prices fell sharply on Thursday, extending a volatile run for the metal as fresh U.S. labor data pushed the U.S. dollar higher and pressured...
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U.S. inflation data fuels Bitcoin rally beyond the $100,000 threshold

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Bitcoin has surged past the $100,000 mark (now $98K), driven by a renewed appetite for risk assets following softer-than-expected U.S. inflation data according to Arab...
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Microsoft spurs quantum stock rally with 2025 ‘quantum-ready’ initiative

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Quantum computing stocks surged on Wednesday after Microsoft unveiled its directive urging businesses to become "quantum-ready" by 2025. The announcement, paired with broader investor optimism...
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Investors eye inflation data as Treasury yields hit fresh highs

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The 10-year U.S. Treasury yield reached a 14-month high on Monday, reflecting investor anticipation ahead of key inflation reports set for release this week. The...
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Dow Jones rises while Fed decision draws investor focus this week

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The Dow Jones Industrial Average and other key U.S. stock indexes opened higher on Monday as investors awaited a crucial Federal Reserve meeting later this...
Business

Dow surges to 2023 peak, propelling November’s stock market rally

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In a striking financial upturn, the Dow Jones Industrial Average soared to a new annual zenith on Thursday, marking an impressive closure to November -...