Monday, 24 June 2019
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
US: Annual core Consumer Price Index (CPI) falls to 2% in May vs. 2.1% expected
Wednesday, 12 June 2019 19:54 WIB | ECONOMY |Ekonomi ASCPI

The data published by the U.S. Bureau of Labor Statistics on Wednesday revealed that inflation, as measured by the Consumer Price Index (CPI), fell to 1.8% in May from 2% in April and fell short of the market expectation of 1.9%. With the initial reaction, the US Dollar Index extended its losses and was last down 0.1% on the day at 96.63. On a monthly basis,

Further details of the report showed that the CPI on a monthly basis edged down to 0.1% from 0.3%. The core CPI, which excludes volatile food and energy prices, stayed unchanged at 0.1% for the month and ticked down to 2% on a yearly basis.

Source : FXstreet

RELATED NEWS
UK Retail Sales Arrive at -0.5% m/m in May, Meet Estimates...
Thursday, 20 June 2019 15:54 WIB

The UK retail sales came in at -0.5% over the month in May vs. -0.5% expected and -0.1% previous. The core retail sales stripping the auto motor fuel sales stood at -0.3% m/m vs. -0.5% expected and -0...

U.K. Inflation Returns to BOE Target on Air Fares, Car Prices...
Wednesday, 19 June 2019 15:53 WIB

Falling air fares and car prices saw U.K. inflation return to the Bank of England™s target last month. Consumer prices rose 2% from a year earlier, down from 2.1% in April, the Office for Nati...

Retail sales look strong, with a solid gain in May and upward revision to prior month...
Friday, 14 June 2019 19:50 WIB

Reports of the death of the American consumer were greatly exaggerated as the May retail sales data rose at a solid pace and the decline in the prior month was revised to show a gain. Retail sales in...

Australian Employment Rose 42,300 in May; Estimate 16,000 Gain...
Thursday, 13 June 2019 08:50 WIB

Australia central bank ended an almost three-year pause last week, resuming interest rate cuts to try to drive the jobless rate down toward 4.5% -- its new estimate of full employment -- and revive in...

Australia Interest-Rate Cut Fails to Lift Gloom About Economy...
Wednesday, 12 June 2019 08:51 WIB

Australia debt-laden households responded more with concern than enthusiasm to the Reserve Bank™s interest-rate cut, according to surveys conducted since last week™s move. Westpac Banking Co...

LATEST NEWS
U.S. Oil Extends Last Week's Surge as U.S. Readies Additional Iran Sanctions

U.S. oil prices rose Monday, extending last week™s strong gains that had been prompted by building tensions between Iran and the United States, as Washington was set to announce new economic sanctions on Tehran, according to reports. U.S. prices...

Dow Futures Higher Amid Growing Tensions Between Iran and the US

U.S. stock index futures were higher Monday morning, as traders monitor geopolitical tensions, in particular between the United States and Iran. At around 05:23 a.m. ET, Dow futures rose 51 points, indicating a positive open of more than 17 ...

Gold Bulls 'Back in Control' as Prices Extend March Above $1,400

Gold™s bullish momentum has rolled into a new week. Prices extended their advance above $1,400 an ounce, near the highest level since September 2013, after the Federal Reserve and other central banks turned more dovish on monetary...

POPULAR NEWS
Gold taps $1,400 for the first time since 2013, then retreats
Saturday, 22 June 2019 01:16 WIB

Gold futures climbed above $1,400 an ounce Friday for the first time since 2013, as investors continued to bet on easier monetary policy from the...

Pyongyang meeting seen as bolstering Xi ahead of Trump talks
Friday, 21 June 2019 23:37 WIB

Chinese President Xi Jinping's two-day state visit to North Korea couldn't have come at a better time for both countries, analysts say. For...

Hong Kong Stocks End Down After Four-Day Rally (Review)
Saturday, 22 June 2019 03:16 WIB

Hong Kong shares fell on Friday after a four-day rally, while traders turn their attention to next week's high-stakes meeting between Donald Trump...

Oil logs 9% weekly rise, biggest since late 2016; refinery fire jolts gasoline futures
Saturday, 22 June 2019 03:08 WIB

Oil futures gained on Friday, with U.S. prices tallying a rise of nearly 9% for the week and highest settlement this month, lifted by expectations...