fbpx

PU Prime App

Exclusive deals on mobile

Monthly Archives: May 2024

Eyeing on Today’s Euro CPI

Written on May 23, 2024 at 4:56 am, by

Market Summary The dollar index (DXY) found support above the $104 mark after two consecutive sessions of decline, as U.S. inflation showed signs of easing. The U.S. initial jobless claims released yesterday came in slightly better than the previous reading, providing some buoyancy for the dollar. While the U.S. stock market lacked momentum, the HongContinue Reading

Soft CPI Hammers Dollar to Monthly Low

Written on May 23, 2024 at 4:55 am, by

Market Summary Yesterday’s U.S. inflation gauge, CPI, rattled financial markets as the dollar index (DXY) plunged nearly 1% and equity markets jumped following a reading below market consensus. The April CPI came in at 0.3%, lower than the previous month, alongside flat Retail Sales data at 0%. This downbeat economic data has fueled hopes forContinue Reading

Soft CPI Hammers Dollar to Monthly Low

Written on May 23, 2024 at 4:54 am, by

Market Summary Yesterday’s U.S. inflation gauge, CPI, rattled financial markets as the dollar index (DXY) plunged nearly 1% and equity markets jumped following a reading below market consensus. The April CPI came in at 0.3%, lower than the previous month, alongside flat Retail Sales data at 0%. This downbeat economic data has fueled hopes forContinue Reading

« Older Entries

Newer Entries »