Asian shares follow US futures higher
Amazon provides some welcome earnings relief amid signs US inflation is easing
Source: businesslive.co.za
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Inflation rises faster than expected, Fed's preferred PCE price tracker shows
The cost of goods and services rose a higher-than-expected 0.4% in September, keeping the pressure on the Fed as it weighs whether to raise interest rates...
Source: marketwatch.com
Better Than Expected Earnings From Amazon And Intel
Earnings from Facebook parent, Meta along with Google parent, Alphabet, were partially responsible for the pullback Thursday.
Source: forbes.com
High Gold Price Spurs Investment Selling, Not 'Safe Haven' Buying, as ETFs Shrink
Near-record gold prices spurred fresh investment selling this week, defying news-wire claims of a 'safe haven rush' with the 2 largest bullion-backed ETFs, the GLD and IAU, both shrinking yet again
Source: bullionvault.com
Inflation is still slowing, but slowly
U.S. prices are still rising almost twice as fast as the Federal Reserve's goal of 2% inflation.
Source: marketwatch.com