The index for all items less food and energy rose 0.3 percent in March following a 0.5-percent increase the prior month. The shelter index was by far the biggest factor in the increase, with a broad set of other indexes also contributing, including those for airline fares, household furnishings and operations, medical care, and motor vehicle insurance. In contrast, the index for used cars and trucks fell 3.8 percent over the month. more...
The latest Office for National Statistics (ONS) inflation release showed headline inflation hitting 6.2% in February, a fresh 30-year high, while core inflation rose to 5.2% from 4.4% in January. And even higher levels of inflation are expected in Q2 this year. The latest BoE monetary policy release shows that the UK central bank expect headline inflation to top 8% in the coming months, citing sky high energy and food prices as the main drivers of the ...
The S&P 500 index attempts to retrace the decline from the start of the month even as the Federal Reserve shows a greater willingness to normalize monetary policy at a faster pace, but fresh data prints coming out of the US may drag on equity prices as the Consumer Price Index (CPI) is expected to increase for the seventh consecutive month. The daily chart is located near and above Ichimoku cloud in the bullish area of the chart by the ...
China's consumer price inflation accelerated more than expected in March and producer price inflation eased further, official data showed on Monday. Consumer price inflation rose to 1.5 percent in March from 0.9 percent in February, the National Bureau of Statistics reported. The rate was also above the economists' forecast of 1.2 percent. more...
WTI and Brent crude oil prices fell for a second week amid growing concerns over the global economic rebound. A more aggressive Federal Reserve outlook amplified the worry following the recent series of yield curve inversions. Daily price for Brent Crude Oil is located inside Ichimoku cloud for the ranging market condition: the price is trying to break bearish triangle pattern with support level at 98.44 to below for the primary bearish ...