US inflation climbed in 2016 at the fastest pace in five years, by 2.1%.
This is the biggest rate of increase since 2011, when the inflation climbed by 3%.
Month: January 2017
US reporting season – January 18th 2017 12:45 (GMT+1)
Goldman Sachs topped the profit and revenue forecasts for the fourth quarter.
The financial giant reported earnings per share of 5.08 dollars per share, while analysts viewed the company forecasts earnings per share of 4.82 dollars.
The futures contracts – January 18th 2017 12:30 (GMT+1)
The futures contracts on the leading indices on Wall Street traded with stability.
UK data news – January 18th 2017 09:30 (GMT+1)
UK unemployment rate in November stood at 4.8%, as forecast.
The wages without bonuses rose by 2.7%, versus forecasts for a rise of 2.6%.
The wages including bonuses rose by 2.8%, versus forecasts for a rise of 2.6%.
The Asian stock markets – January 18th 2017 08:15 (GMT+1)
The Asian stock markets are mostly on the rise today, after a rough day in the markets yesterday.
Tokyo added 0.4%, Hong Kong climbed by 1.1%, Shanghai rose by 0.14%.
Forex – January 18th 2017 07:45 (GMT+1)
The Japanese currency, which considered as “safe haven” for investors just like the Gold, is falling by 0.5% today against the US dollar.
Gold – January 18th 2017 07:30 (GMT+1)
The price of the Gold falls this morning by 0.3% after yesterday it reached a peaked of two months.
Wall Street – January 18th 2017 07:00 (GMT+1)
Wall Street stock markets closed yesterday on a negative trend.
Summing up the day, the S P 500 retreated by 0.3%, the Nasdaq Composite Index fell by 0.6%, and the Dow Jones lost 0.3%.
Wall Street – January 17th 2017 15:15 (GMT+1)
Price declines at the opening of the trading day on Wall Street.
The Dow Jones, S&P 500 and the Nasdaq are down 0.3% each.
Currencies – January 17th 2017 15:00 (GMT+1)
The US dollar falling not just versus the British pound and the Euro but also against other leading world currencies.
The US currency loses 1% against the Japanese yen and falling by 1.2% against the franc Swiss, and in this case , the pair comes to equality of right, one dollar equals one franc.
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