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Lagarde speech: Can't anticipate what will be the next move
Christine Lagarde, President of the European Central Bank (ECB), explains the ECB's decision to raise key rates by 25 basis points (bps) at the September policy meeting and responds to questions from the press.
WTI US Oil rebounds toward $97 as US-Iran conflict escalates
West Texas Intermediate (WTI) US Oil rises sharply on Thursday, trading around $97.00 per barrel at the time of writing, up 2.93% on the day.
Lagarde speech: Inflation to return to target towards end of 2027
Christine Lagarde, President of the European Central Bank (ECB), explains the ECB's decision to raise key rates by 25 basis points (bps) at the September policy meeting and responds to questions from the press.
Russia Central Bank Reserves $ fell from previous $774.2B to $753.5B
Russia Central Bank Reserves $ fell from previous $774.2B to $753.5B
Euro weakens despite ECB rate hike as US PPI comes in hot
EUR/USD extends its intraday decline on Thursday as a recovery in the US Dollar (USD) weighs on the Euro (EUR), while the European Central Bank’s (ECB) widely expected rate hike fails to offer support.
US headline Producer Price Index rose by 5.4% in August
The US Producer Price Index (PPI) rose 5.4% in August from a year earlier, according to the latest figures from the Bureau of Labor Statistics (BLS). The print came in just above estimates (5.3%) and the 4.8% gain recorded in the previous month (revised from 4.7%).
Canada: Limited trade shock from new U.S. tariffs – RBC
Royal Bank of Canada (RBC) economist Nathan Janzen assesses that new U.S. tariff retaliation and import bans on selected Canadian products represent a modest escalation in the trade dispute.
US Initial Jobless Claims dropped to 206K last week
According to a report from the US Department of Labour (DOL) released on Thursday, the number of US citizens submitting new applications for unemployment insurance decreased to 206K for the week ending September 5.
United States Continuing Jobless Claims came in at 1.774M below forecasts (1.78M) in August 28
United States Continuing Jobless Claims came in at 1.774M below forecasts (1.78M) in August 28
United States Producer Price Index ex Food & Energy (YoY) meets forecasts (4.6%) in August
United States Producer Price Index ex Food & Energy (YoY) meets forecasts (4.6%) in August
United States Producer Price Index ex Food & Energy (MoM) came in at 0.2% below forecasts (0.3%) in August
United States Producer Price Index ex Food & Energy (MoM) came in at 0.2% below forecasts (0.3%) in August
United States Producer Price Index (MoM) in line with expectations (0.4%) in August
United States Producer Price Index (MoM) in line with expectations (0.4%) in August
United States Producer Price Index (YoY) above expectations (5.3%) in August: Actual (5.4%)
United States Producer Price Index (YoY) above expectations (5.3%) in August: Actual (5.4%)