Page 48 - Thomas Barkin News Today

U.S. Federal Reserve officials took little fresh signal from consumer price data published on Thursday as they gauge whether inflation is headed firmly enough back to the central bank's 2% target to allow them to reduce interest rates in coming months. Overall consumer price inflation on a 12-month basis rose to 3.4% in December from 3.1% the month before. It was an ambiguous outcome at a time when Fed officials are looking for some final but convincing bits of evidence that the pandemic-...

The Consumer Price Inflation might be the highlight on Thursday, The weekly jobless claims also will get attention. Asian shares finished mostly up, while European shares are trading broadly in positive territory.

The New Zealand Dollar (NZD) registered minor gains of 0.10% on Thursday after seesawing in a volatile session following the release of US inflation data.

Jan 10 - For other diaries, please see: Top Economic Events Emerging Markets Economic Events Government Debt...

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The USD/CAD pair ticks higher during the Asian session on the first day of a new week, albeit lacks follow-through buying and remains confined in Friday's broader trading range.

The Japanese Yen (JPY) ticks higher against its American counterpart on the first day of a new week, though remains well within the striking distance of over a three-week low touched on Friday.

The Australian sharemarket opened a touch weaker on Monday despite a step-up in oil prices and a faintly positive lead from Wall Street.

Gold price (XAU/USD) staged a goodish intraday recovery of around $40 from over a two-week low touched in the aftermath of the better-than-expected monthly employment details on Friday, albeit lacked any follow-through.