US Inflation at 8.2%, Dollar and S&P 500 on Diverging Paths on Hot CPI
[ad_1] SEPTEMBER INFLATION KEY POINTS: September U.S. inflation rises 0.4% on a monthly basis, bringing the annual rate to 8.2% from 8.3% in August, topping expectations Core CPI climbs 0.6%…
GBP/USD Rebounds but UK Policy Uncertainty Remains a Risk
[ad_1] GBP/USD OUTLOOK: GBP/USD bounces off technical support and resumes its recovery on Tuesday Broad-based U.S. dollar weakness bolsters the British pound Despite today’s moves, uncertainty about the UK’s fiscal-monetary…
US Inflation Data to Set the Tone for USD/CAD
[ad_1] USD/CAD OUTLOOK: NEUTRAL TO BEARISH USD/CAD falls modestly on the week, with the Canadian dollar receiving some support from the strong rally in oil prices The Loonie could mount…
Unemployment Rate Dips as Job Growth Stays Solid. What Now for Stocks, Dollar?
[ad_1] SEPTEMBER JOBS REPORT KEY POINTS: The September jobs report showed that the U.S. economy added 263,000 workers last month versus expectations of a gain of 250,000 payrolls. Meanwhile, the…
S&P 500 and Nasdaq 100 Extend Gains Despite Weak ISM Manufacturing Data
[ad_1] ISM MANUFACTURING KEY POINTS: September ISM manufacturing falls to 50.9 from 52.8 in August, missing expectations for a more modest decline to 52.2 The slowdown in factory activity suggests…