The monthly Consumer Price Index in Australia increased by 2.5% yoy in January 2025, unchanged from the previous month but below market estimates of a 2.6% rise.
Still, the latest result was the highest reading in four months, with food prices rising the most in three months (3.3% vs 2.7%). Also, prices rose faster for tobacco (6.4% vs 5.8%), clothing (2.1% vs 1.3%), and housing (2.1% vs 1.5%). Excluding volatile items and travel, the CPI rose by 2.9%, the most in five months, accelerating from a 2.7% gain in the previous month.
Source: Trading Economics
Ukrainian President Volodymyr Zelenskiy said on Friday thousands of foreign troops could be deployed to his country under post-war security guarantees, but Russian leader Vladimir Putin said Moscow wo...
The U.S. economy added fewer jobs than anticipated in August, possibly bolstering the case for the Federal Reserve to slash interest rates at its next policy meeting later this month. Data from the L...
U.S. President Donald Trump told European leaders on Thursday that Europe must stop buying Russian oil that he said is helping Moscow fund its war against Ukraine, a White House official said, strikin...
Activity at US service providers expanded in August at the fastest pace in six months on the sharpest acceleration in orders in nearly a year. The Institute for Supply Management's index of serv...
US applications for unemployment benefits rose to their highest level since June, adding to evidence that the labor market is cooling. Initial claims rose 8,000 to 237,000 in the week ending August 3...
The Nikkei 225 Index climbed 1.1% to above 43,500 while the broader Topix Index gained 0.7% to 3,127 on Monday, with Japanese shares edging closer to record highs after Prime Minister Shigeru Ishiba announced over the weekend that he will step...
Asia-Pacific markets traded mostly higher Monday as investors assessed the resignation of Japan's prime minister and eyed key economic data in the region. Japan's benchmark Nikkei 225 rose 0.95% after Japanese Prime Minister Shigeru Ishiba...
Silver (XAG/USD) $40,898: The rally has subsided and prices are consolidating; the bias remains sideways to bullish, supported by expectations of a Fed rate cut and industrial demand. Key levels: resistance $41.50–$42.00 (break → $43–$44); support...
US stocks rallied on Friday (September 5th), with the S&P 500 rising 0.4% and the Nasdaq gaining 0.6% to new record highs, while the Dow Jones...
European stocks closed on Friday, tracking the pullback in US equities after pessimistic labor data from the US sounded alarms over the world's...
The U.S. economy added fewer jobs than anticipated in August, possibly bolstering the case for the Federal Reserve to slash interest rates at its...
US stocks closed lower on Friday after weaker-than-expected August jobs data raised concerns about a slowing economy, even as expectations for...