High inflation could be here to stay as commodity prices spike again after a 2-year decline, World Bank says
"Global inflation remains undefeated," said Indermit Gill, the World Bank's senior president, adding that the world i.....»»
The Tell: The world risks ‘running out of copper’ — and here’s how high prices may rise as the economy reopens, BofA warns
Copper inventories are falling low just as the global economic reopening gets under way, according to BofA. “If scrap supply doesn't come through, stocks would deplete by 2024,” the bank’s commodity strategists warn......»»
Futures Movers: Oil prices stay on track to settle at 1-year high after modest weekly decline in U.S. crude inventories
Oil futures climb on Wednesday, on track to score another finish at the highest in a year, finding support from expectations that U.S. economic stimulus measures will boost energy demand and a modest weekly decline in U.S. crude inventories......»»
Europe Markets: Miners decline as JPMorgan downgrades sector and silver prices slide from eight-year high
Shares in many of the major European miners slid in Tuesday trading, as the sector was downgraded by investment bank JPMorgan and silver prices fell back from the highs reached on Monday......»»
Dow Jones Newswires: China pork prices spike 69%, driving consumer inflation to near 6-year high
The consumer-price index rose 3% in September from a year earlier, according to data released by the National Bureau of Statistics on Tuesday, bumping up against Beijing’s inflation target of “around 3%†this year. Pork prices were a big driver......»»
World Bank: Sub-Saharan Africa set for 3.1% growth in 2018
Sub-Saharan Africa is on course for economic growth of 3.1 percent this year, the World Bank says, marginally slower than it previously forecast but faster than last year thanks to rising commodity prices. Pascale Davies reports......»»
Inflation Check: Doctors Making $350,000 Per Year Can"t Find Homes In Long Island As Prices Surge 50%
Inflation Check: Doctors Making $350,000 Per Year Can't Find Homes In Long Island As Prices Surge 50% While every news anchor and talking head in the world of finance continues to congratulate the Fed despite inflation still not b.....»»
Bitcoin not for us, HSBC CEO says
Europe's largest bank's stance on cryptocurrencies comes as the world's biggest and best-known, Bitcoin, has tumbled nearly 50% from the year's high, after China cracked down on mining the currency and prominent advocate Elon Musk tempered his support......»»
UK inflation more than doubled to a one-year high in April as the economy reopened and energy prices soared
UK inflation rose 1.5% in April, its fastest .....»»
Global stocks ease after Chinese data paints a mixed picture of recovery and inflation concerns weigh heavily
Investors are expected to focus on Federal Reserve speakers in the coming week as they react to US consumer prices climbing to a 13-year-high. OHANNES EISELE/AFP/Getty Images US futures and European stocks edged lower on Monday after overni.....»»
Key US inflation gauge climbs to 13-year high as reopening supercharges demand
Consumer prices rose 4.2% year-over-year, but the negative price growth seen in April 2020 made for a lower benchmark to compare against. A Publix supermarket cashier bags groceries .....»»
Market Extra: How China helped push corn futures to a nearly 8-year high
Corn prices hit an 8-year high Tuesday, part of a broad rally for agricultural commodities that's stoking inflation fears. There are several drivers behind the move for maize, including strong demand from China......»»
Corn Prices Touch 8-Year High As Albert Edwards Worries About Food Inflation
Corn Prices Touch 8-Year High As Albert Edwards Worries About Food Inflation.....»»
Bond Report: U.S. Treasury yields slip despite surge in inflation to 2½-year high
U.S. Treasury yields slip Tuesday after bond investors shrugged off an increase in consumer prices in March that sent yearly inflation measures to the highest level in two and a half years......»»
Economic Report: U.S consumer prices surge in March, pushing inflation to 2 1/2-year high
Consumer prices rose in March for the fourth month in a row and the pace of inflation hit the highest level in two and a half years, underscoring new pressures emerging on the economy as the U.S. recovers from the coronavirus......»»
NewsWatch: Investors worry inflation will persist after a spike this summer — but that likely won’t be the case
Faster inflation later this year will be the result of a comparison with artificially low consumer prices a year earlier during the pandemic......»»
Americans" inflation expectations hit a 7-year high as the economic recovery picked up, Fed survey finds
Such expectations are used as a gauge of future inflation since businesses are likely to lift prices in line with what consumers anticipate. B Businesses are likely to lift prices in line wit.....»»
US Futures Slide After China Reopening Disappoints; Yields Resume Rise
US Futures Slide After China Reopening Disappoints; Yields Resume Rise Global stocks struggled to avoid a second day of declines on Thursday as hints of surging inflation led by a one-year high in oil prices and the stronges.....»»
Futures Movers: Silver futures pull back as margin requirements hiked following spike to 8-year high
Silver prices pulled back on Tuesday, on the heels of the Chicago Mercantile Exchange lifting margin requirements......»»
Commodities Corner: Lumber starts the year on the wrong foot, after a record year
Lumber prices more than doubled last year to touch a record high, but the rally has faded on the back of a rebound in supplies. With the value of the commodity down sharply in the new year, prospects for fresh records have dimmed......»»
NewsWatch: Fannie Mae: Home sales will decline by 15% in 2020 due to coronavirus, but what will happen to property prices?
Meanwhile, low interest rates are expected to keep mortgage refinancing volumes high throughout the year......»»