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US economy grows at record 33.4% pace in rally from coronavirus lows
The U.S. economy grew at a faster-than-expected record pace during the third quarter, according to a third estimate released by the Commerce Department on Tuesday......»»
Euro zone inflation rises quicker than expected in November
Euro zone inflation accelerated faster than expected in November on a rise in food and services prices, likely comforting European Central Bank policymakers even if some factors pushing up prices may be only temporary......»»
Loonie Spikes After Canadian Core Inflation Soars To 10-Year Highs
Canadian inflation rose faster than expected in May across all eight major components, spiking the Loonie as it supports the BoC's view that 'the North' is emerging from its growth slowdown (and Poloz argument that rates will need to go h.....»»
Bond Report: 2-year Treasury yield falls to 4 week-low on soft inflation reading
Treasury yields fell sharply Friday, extending a weekly skid, after the initial snapshot of first-quarter GDP showed the U.S. economy grew at a faster-than-expected clip......»»
Apple leads Wall Street rally as inflation fears ease
NEW YORK (Reuters) - Apple and other technology stocks led a rally on Wall Street on Friday after weaker-than-expected U.S. wage growth data eased concerns about faster interest-rate hikes......»»
A $733 billion investor says Wall Street is in danger of being ambushed by a powerful force brewing in the US economy
Reuters / Brendan McDermid Investors are underestimating the US economy's potential to grow faster and generate even more inflation than expected, says Sonal Desai, the director of research for Templeton Global Macro. Higher inflation would extend t.....»»
The Fed is gearing up to hike rates faster than expected
Alex Wong/Getty The producer price index picked up by 3.4% from a year ago in June. This data will work its way into consumer price inflation and a.....»»
China Seeks Economic Boost as Trade Spat Grows
China is moving faster than expected to inject money into the economy, a sign that the government is becoming more worried about slowing growth as trade tensions are on the rise......»»
US Dollar, Stocks Down. Hawkish BoC to Boost USD/CAD as AUD Falls
DailyFX com Asia Pacific Market Wrap Australia GDP ASX 200 Philippine Inflation USD CAD BoC Asia Pacific stocks traded lower as expected weakening the pro risk New Zealand Dollar Australian GDP beat dented US Dollar and ASX.....»»
Rising U.S. bond yields hit global markets, Asian stocks fragile
Asian shares were fragile on Friday after benchmark U.S. Treasury yields surged to a seven-year high and strong economic data fanned concerns about inflation and the risk of faster-than-expected interest rate rises......»»
Rising U.S. bond yields hit global markets, Asian stocks wobble
Asian shares wobbled on Friday after benchmark U.S. Treasury yields surged to a fresh seven-year high and strong economic data fanned concerns about inflation and the risk of faster-than-expected interest rate rises......»»
Australia: S&P/ASX 200 (.AXJO) poised to edge higher at the open ahead of consumer inflation
Australia: S&P/ASX 200 (.AXJO) poised to edge higher at the open ahead of consumer inflation The Australian share market is expected to open the day higher on Thursday. According to the latest SPI futures.....»»
"You Can"t Have Your Cake And Eat It Too:" Top Asset Manager Discusses Shift In Sentiment Amid Stocks Downturn
Avery Sheffield says that while bulls have been waiting for positives like "lower unemployment, lower costs, lower rates, lower inflation," the reality is that inflation has remained stickier for longer than it was expected. read more.....»»
Market Turmoil Resumes As Inflation Rises More Than Expected, Oil Prices Spike, Gold At Record Highs: This Week In The Markets
Volatility surged as geopolitical tensions rose in the Middle East and inflation data defied estimates, delaying rate cuts and causing concern for stocks, mortgages and consumer sentiment. read more.....»»
What Inflation? Market Expert Ryan Detrick Says Hotter-Than-Expected Inflation Report Won"t Derail Stock Market Rally
Ryan Detrick says the fact that the Fed looks less likely to cut interest rates three times this year isn't inherently bad for stocks. read more.....»»
Stock market today: Indexes edge higher after CPI-led rout as wholesale inflation shows improvement
US stocks trimmed losses Thursday after a big sell-off in the prior session, as a key inflation gauge rose less than anticipated in March. Stocks rose after PPI rose less than expected in March.Drew Angerer / Getty US stocks rose were mostly higher.....»»
Inflation Rises More Than Expected To 3.5% In March, Derails June Rate Cut Hopes (UPDATED)
US inflation rate surges to 3.5% in March, higher than expected, leading to a possible delay in interest rate cuts and affecting markets. read more.....»»
Execs at RDU"s big airlines increasingly confident of faster recovery for business travel
The dramatic shift toward optimism for a faster-than-expected recovery in the airline industry is accelerating......»»
In One Chart: Inflation ‘surprise’ index ‘almost off the chart’ as data runs hotter than expected
Federal Reserve officials seem to be having some success in calming investor fears over inflation --- a chart from Deutsche Bank illustrates why that was a tall task......»»
Delta Air Lines: Pace of recovery faster than expected
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»