Crucial week ahead will influence rate hiking cycle

A series of inflation reports due out this week could propel or break the market’s summer momentum. Investors will get the latest gauge of how quickly prices are rising across the U.S. economy...

Futures Storm Higher To Start The Week As "Most Hated Rally" Steamrolls Bears

Futures Storm Higher To Start The Week As "Most Hated Rally" Steamrolls Bears US equity futures rose to start the week as the "most hated meltup" continued just as we said it would...

Futures Flat As Crushing 37bps Curve Inversion Screams Recession

Futures Flat As Crushing 37bps Curve Inversion Screams Recession US futures are mixed on Thursday, first trading in the red, then turning green before moving unchanged, as investors...

Futures Jump, Bonds Slump As Taiwan Tensions Ease

Futures Jump, Bonds Slump As Taiwan Tensions Ease If yesterday morning markets were losing their mind over the potential risk of World War 3 ahead of Nancy Pelosi's arrival in Taiwan,...

Key Events This Monster Week: Rate Hike, Earnings Juggernaut, Recession Confirmation And Much More

Key Events This Monster Week: Rate Hike, Earnings Juggernaut, Recession Confirmation And Much More If last week was all things European (Gas, Italy, the ECB, one step closer to a...

Inflation rises to 11.3% in producer index for June, near highest on record

Inflation as measured by producer wholesale prices ticked up to a red-hot 11.3% for the year ending in June. Thursday’s report comes a day after the consumer price index exploded to 9.1%. The PPI...

Producer Price Gains Accelerated in June

U.S. suppliers’ price increases picked up in June and remained near historic highs. The Labor Department on Thursday said the producer-price index increased by 11.3% on a 12-month basis. That...

Producer Price Gains Accelerated in June - WSJ

U.S. suppliers’ price increases picked up in June and remained near historic highs. The Labor Department on Thursday said the producer-price index increased by 11.3% on a 12-month basis. That...

Wholesale prices shoot up near-record 11.3% in June on surge in energy costs

The producer price index rose 11.3% from a year ago in June, near the record 11.6% posted in March. Excluding food, energy and trade, core PPI was up 6.4%. The monthly gain of 0.3%. was below...

Bond yields rise as yield curve inversion sends worrying signals

U.S. Treasury yields were up on Thursday morning ahead of second-quarter earnings. The 2-year Treasury yield, which is more sensitive to monetary policy changes than its longer-term counterparts,...

Stocks Fall With Fed Ready For 'Everything' After Hot Inflation

JPMorgan Chase (JPM) and Morgan Stanley (MS) report second-quarter earnings early Thursday. Taiwan Semiconductor (TSM) earnings will provide insight into chipmakers. Li Auto (LI) rebounded...

China's June factory inflation cools counter to global trends

China's factory-gate inflation cooled in June to the lowest in 15 months. The producer price index (PPI) rose 6.1% year-on-year, after a 6.4% rise in May. The country continues to buck the global...

US STOCKS-Wall Street slips as Fed policy announcement looms

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Wholesale prices jump again and signal still-intense inflation in U.S. economy

The cost of wholesale goods and services jumped 0.8% in May. Economists polled by The Wall Street Journal had forecast a 0.7% advance. The increase in wholesale prices over the past 12 months...

Key inflation measure slows slightly, but remains uncomfortably high

The Producer Price Index rose 10.8% in May compared to where it stood a year ago. While that's down from the revised 10.9% rise reported in April's reading, it is still high by historical...

Wholesale prices rose 10.8% in May, near a record annual pace

Wholesale prices rose at a brisk pace in May. The monthly gain was in line with estimates and the annual gain was slightly off the record 11.5% hit earlier this year. The data is significant in...

Asian Stocks Down as Investors Digest ECB Decisions

Asia-Pacific stocks were mostly down on Friday morning. Investors are digesting the European Central Bank’s signals on future interest rate hikes. Tech giants listed in Hong Kong opened 2.9% lower...

1.8 Million Americans Out of Work in May Due to Virus Biden Promised to 'Shut Down'

The U.S. economy added back 390,000 jobs in May, while the unemployment rate remained unchanged at 3.6 percent. Still, with a reported six million unemployed Americans — compared with 5.7 million...

Brazil greenlights study of Petrobras privatization, analysts remain skeptical

President Jair Bolsonaro's government aims to include state oil company Petrobras in its privatization program. Analysts call it a long-shot for the far-right leader seeking reelection. The move...

Gold and silver can't find buyers

Gold and silver can't find buyers to support them. Price action always is the determining factor in markets. Until proven otherwise, the action is ugly, signaling the sellers are in control. With...

Gold price continues to struggle as PPI hints that inflation might have peaked

Gold price continues to struggle as PPI hints that inflation might have peaked. U.S. Labor Department said its Producer Price Index (PPI) rose 0.5% in April, following March’s 1.6% rise. The...

5 things to know before the stock market opens Thursday

U.S. stock futures drop Thursday as broad sell-off and revaluation of risk assets continued. Wholesale inflation rose 11% in April as producer prices keep accelerating. Bitcoin plunges to 16-month...

Gold price near steady as U.S. inflation report runs hot

Gold and silver prices are trading both sides of unchanged in early U.S. trading Wednesday. Solidly higher crude oil prices at mid-week are working in favor of the metals market bulls. Another...

Why Inflation Could Still Get Much Worse

Consumer Price Index is a lagging indicator. Producer Price Index, monitored since 2010, is a forward-looking indicator. The PPI for March was published at 11.2% year over year. That is the...

Peak inflation premature; Gold prices rising as U.S. PPI hits new record, rising 11.2% annually in March

U.S. PPI hits new record, rising 11.2% annually in March. Peak inflation premature; gold price rising as U.S.'s PPI hit new record. CNN's John Sutter reports on the latest developments in the gold...

5 things to know before the stock market opens Wednesday

U.S. stock futures were essentially flat Wednesday morning, following Tuesday's intraday reversal that saw the major indexes finish in the red. The tech-heavy Nasdaq Composite and S&P 500 both...

Producer prices rose 11.2% from a year ago in March, the biggest gain on record

The producer price index rose 1.4% in March and 11.2% from a year ago. Prices for final demand goods led with a 2.3% monthly rise, while services prices gained 0.9%. Wednesday's release comes the...

Producer prices rose 11.2% from a year ago in March, the biggest gain on record

The PPI, which measures the prices paid by wholesalers, increased 11.2% from a year ago, the most in a series going back to November 2010.

Stock futures trade higher ahead of bank earnings

Futures suggest a gain of 0.6% when the opening bell rings on Wall Street. Oil prices bounce between gains and losses Wednesday morning on worries about sliding output in sanctions-hit Russia....

Bank earnings, CPI inflation, retail sales: What to know this holiday-shortened week

Wall Street closed for Good Friday. Big bank earnings and fresh inflation data out of Washington are expected to keep investors busy this holiday-shortened trading week. Market participants will...

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