The PBOC reiterated its commitment to monetary easing in its latest quarterly report, but also pledged to keep supporting the yuan as trade frictions weigh on the currency. That aim could limit room ...
We expect the USD to continue to be supported in the coming week and base this assumption mainly on the market expectations for a relatively hawkish Fed and the uncertainty caused by Trump. Should ...
The U.S. dollar stabilised around a near three-week trough on Friday as traders took solace that Washington's reciprocal ...
A controversial pitch to raise New Mexico’s minimum wage to $17 an hour and do away with the much lower rate employers pay tipped workers has ignited fierce opposition from business advocates. House ...
The bill calls for a $5 bump to the current minimum wage rate, and would bring tipped workers to $17 an hour as well.
Its impact upon stocks – and of stocks upon it – has long been scant. Investors should ignore it and those who try to predict its actions.
Australia measures its inflation rate primarily using the Consumer Price Index (CPI), which is calculated by the Australian ...
The producer price index for final demand rose 0.4% last month after an upwardly revised 0.5% gain in December, the Labor Department's Bureau of Labor Statistics (BLS) said. Economists polled by ...
Australian and New Zealand yields edged higher after Treasury yields, which rise when bond prices fall, advanced across the curve Wednesday. The 10-year yield ended the session nine basis points ...
Shares rise; Macquarie downgrades Qantas; Sigma rallies, CBA resets record; Pro Medicus’ bumper profit; gas profit boosts Origin.
The USD index is trading just below 108 points, roughly where it was just over 24 hours ago after rising sharply because the U.S. CPI for January was stronger than expected.
Overnight price action was centred around a hotter-than-expected CPI print in the US. US equity markets weakened, as expected, while European bourses rallied mildly on talk of a reciprocal tariff ...