Page 13 - Us Inflation

US jobs top forecasts, wages pick up in labor market despite Fed aggression

US employers added more jobs than expected in October while wages rose firmly, underscoring the resilience of the labor market despite the Federal Reserve's aggressive efforts to cool it down.

India's forex reserves touch $524.5 bn, lowest level since July 2020

The primary reason for the decline is foreign currency assets, which recorded a dip of $3.5 billion to $465 billion

Indices rebound on global cues despite high US inflation; Sensex rises 1.2%

Dip in dollar, bonds, and oversold markets boost global equities

Dollar edges higher despite inflation, pushes yen to new 32-year low

Sterling slipped after a sharp rally on Thursday, as reports said British Prime Minister Liz Truss was preparing to sack her finance minister and carry out a major U-turn on the government's tax plans

Crypto weekly wrap: Tokens recover after plunging post-US inflation data

Bitcoin rose by almost 4 per cent after dropping to its lowest at $18,300 post-US inflation data was released

Core US inflation rises to 40-year high in Sept, securing big Fed hike

In the 12 months through September, the CPI increased 8.2% after rising 8.3% in August.

Dollar hits fresh 24-year high vs yen after strong US inflation data

Data showed U.S consumer prices increased more than expected in September and underlying inflation pressures continued to escalate

Gold prices slide over 1% as US inflation data fuels rate-hike fears

Spot gold dropped 1.5% to $1,647.80 per ounce by 1319 GMT. U.S. gold futures lost 1.4% to $1,6544.50.

At 82.34, rupee ends marginally weaker ahead of US inflation test

The rupee ended at 82.3450, compared with its previous close of 82.3150, after trading in a narrow range through the session

Sensex slips 391 pts, Nifty holds 17K ahead of US CPI data; Wipro cracks 7%

CLOSING BELL: The NSE Nifty 50 swung wildly in a range of 17,112 to 16,957 as the weekly F&O expiry was in focus. The index finally settled with a loss of 107 points at 17,017 .

World stocks slip to near two-year low ahead of US inflation data

The dollar index, which gauges the greenback against six major rivals, barely budged from around 113.25 ahead of the CPI data

Gold prices steady ahead of key US inflation data, Fed next rate hike

Gold prices were steady as market participants refrained from making big moves ahead of key US inflation reading that could influence the size of the Federal Reserve's next interest rate hike

Gold prices inch lower as Fed Reserve minutes, US inflation data loom

Gold prices inched lower as traders looked forward to US Federal Reserve minutes and key inflation data for clues on the pace of future interest rate hikes.

Oil prices decline as dollar gains, US inflation data in spotlight

Oil prices slipped for a third straight session on Wednesday as the dollar gained steam and investors braced for U.S. inflation data

Asian stocks wallow at two-year lows; dollar wallops pound and yen

Asian stocks wallowed at two-year lows, after a strengthening dollar, instability in the UK bond market, and upcoming US inflation data spelled a wild session on Wall Street

Markets fall most in 2 weeks on rising yields; Sensex declines 844 points

The Nifty ended the session at 16,983 points, with a fall of 257 points, or 1.5 per cent

US economy may be entering 'new normal' after pandemic, says Jerome Powell

Powell and his colleagues are moving rapidly to reduce the highest inflation in nearly 40 years after being slow to spot the threat of broadening price pressures.

Cost of making a classic lunch at a US diner is 13% more now, shows data

Food costs in the US are up 11.4 per cent from a year ago, the most since 1979, and are a key driver behind the nation's 8.3 per cent overall inflation rate

S&P Global's chief economist expects Fed's fund rate to rise to 4%

This could result in a further rise in bond yields in major economies including India

Sensex down 263 pts, Nifty near 17,700 ahead of US Fed outcome; FMCGs shine

CLOSING BELL: The losses, meanwhile, were led by the Nifty Metal index (down 2 per cent), and the Nifty Pharma index (1.4 per cent)