Stock markets start out strong but slip as investors mull over consumer price index information

At the start of the trading session, the main US indices were in the green, but those gains were swiftly wiped away as the market responded to the newly-released Consumer Price Index data. The overall CPI dropped by a tenth of a percent while the core rate, excluding food and.

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European FX news wrap: Yen holds higher, markets await US CPI

US consumer price inflation figures are in the spotlight today The Japanese yen is still the most influential currency today The USD/JPY pair is trading lower due to apprehensions about the Bank of Japan According to a survey, China’s GDP growth is forecasted to rebound to 4.9% in the upcoming.

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US markets open higher, Nasdaq on track for 4th day of gains

Today, the three principal American indices have been trading up for the majority of the past four trading days, with the Nasdaq being on the brink of finishing in the green for four days in a row. The S&P and Dow have both advanced in three of the last four.

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FTX bankruptcy officials have recovered more than $5 billion in assets

An attorney for Sullivan & Cromwell today told the Bahamian court that it has recovered more than $5 billion in cash, “liquid cryptocurrency” and other investment securities. That doesn’t include the roughly $400 billion in crypto held by the Securities Commission of the Bahamas. The recovered funds don’t include the.

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Markets in a State of Flux, Dollar Steady – European FX News Roundup

Today, bond markets are being bought Headers: Villeroy of the ECB has declared that rates will be pushed higher in the future Bond markets are being bought today Domestic flights are being grounded by a malfunctioning IT bond markets are being bought today Domestic flights are being grounded by a.

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ForexLive Asia-Pacific FX news wrap: Improved sentiment props up AUD & other FX

China’s yuan not far from a 4 month high – policy support, COVID recovery, seasonal demand China to pause costly chip investments as Covid strains budget PBOC Guangzhou branch reportedly guides banks to provide offshore financing to developers ICYMI – China’s Finance Minister reiterated plans to appropriately expand fiscal spending.

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ForexLive European FX news wrap: Dollar jumps as the new year kicks off

Headlines: Not quite the 2022 theme this one Bavaria December CPI +9.2% vs +10.9% y/y prior Saxony December CPI +8.7% vs +9.9% y/y prior Germany December unemployment change -13k vs 15k expected UK December final manufacturing PMI 45.3 vs 44.7 prelim Switzerland December manufacturing PMI 54.1 vs 53.3 expected SNB.

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