Stocks rise ahead of US CPI data, New Zealand dollar plummets: Markets roundup

Stocks rise ahead of US CPI data, New Zealand dollar plummets: Markets roundup

(Bloomberg) — European stocks look set to follow their Asian peers higher on bets that the next U.S. consumer price report will allow the Federal Reserve to begin easing policy in September. Most read on Bloomberg Euro Stoxx 50 futures rose 0.3%, while U.S. equity contracts traded little changed. MSCI’s benchmark index for Asian shares … Read more

RBI employment data should be read with caution

From coal to gas: How an initiative to empower vendors is creating new nanoentrepreneurs in Bengaluru

Studies based on KLEMS data are widely cited to refute claims about poor job creation in the country. This database has been developed as part of an international project and has a very reputable provenance, fed by scholars at the Delhi School of Economics and ICRIER since 2009 and hosted by the Reserve Bank of … Read more

Yields fall after mild producer inflation data pushes CPI higher By Reuters

© Reuters. FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., June 14, 2024. REUTERS/Brendan McDermid/File Photo

By Alden Bentley NEW YORK (Reuters) – U.S. Treasury yields fell on Tuesday after a dovish producer price report that looked unlikely to divert the Federal Reserve from a easing path, while consumer price data on Wednesday will round out the inflation picture. The producer price index for July rose a less-than-expected 0.1% after rising … Read more