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Topic

US consumer price

Dollar jumps, euro breaks parity

Dollar jumps, euro breaks parity

Published 14 Jul, 2022 05:00am
NEW YORK: The dollar surged to a 20-year high against a basket of currencies and the euro broke below parity against...
Gold edges up in Europe

Gold edges up in Europe

Published 14 Sep, 2021 03:55am
LONDON: Gold prices nudged up on Monday with some support from weaker US bond yields, but a resurgent dollar kept ...
Early trade: Dollar dented

Early trade: Dollar dented

Published 14 Aug, 2021 03:41am
NEW YORK: The US dollar fell to a one-week low against a basket of currencies on Friday, after a survey showed US...
US MIDDAY: Gold rises in US

US MIDDAY: Gold rises in US

Published 12 Aug, 2021 04:34am
NEW YORK: Gold prices jumped on Wednesday after tame US consumer price data eased fears that the Federal Reserve...
Japanese rubber futures drop

Japanese rubber futures drop

Published 08 Jun, 2021 04:09am
TOKYO: Japanese rubber futures fell on Monday, tracking losses in the Shanghai market, as many financial markets...
Gold prices edge lower in Asia

Gold prices edge lower in Asia

Published 13 May, 2021 03:10am
SINGAPORE: Gold prices edged lower in Asian trade on Wednesday, dragged down by higher US Treasury yields ahead of ...
Commodity gains restrain dollar ahead of inflation data

Commodity gains restrain dollar ahead of inflation data

Published 11 May, 2021 12:10pm
  • "Even bags that do not have a chip in them, use chips in the process of production," she said. "This chip inflation may be passed on to consumers and result in a faster CPI growth rate if the chip shortage persists."
Stimulus checks boost US consumer spending in March

Stimulus checks boost US consumer spending in March

Published 30 Apr, 2021 08:21pm
  • Consumer spending increases 4.2% in March.
  • Personal income jumps 21.1%.
  • Core PCE price index gains 0.4%; up 1.8% year-on-year.
  • Labor costs rise 0.9% in first quarter; wages up 1%.
S&P, Dow Jones end lower

S&P, Dow Jones end lower

Published 14 Apr, 2021 03:21am
NEW YORK: The S&P 500 and Dow Jones industrial average ended lower on Monday, with investors waiting for cues...
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