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U.S. Consumer Prices Inch Up 0.1% In March, Annual Growth Slows To 5.0%
A highly anticipated report released by the Labor Department on Wednesday showed a modest increase in U.S. consumer prices in the month of March. The Labor Department said its consumer price index inched up by 0.1 percent in March after climbing by 0.4 percent in February. Economists had expected consumer prices to rise by 0.3 percent.
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1253 days ago
U.S. Consumer Prices Inch Up Less Than Expected In March
A highly anticipated report released by the Labor Department on Wednesday showed a modest increase in U.S. consumer prices in the month of March. The Labor Department said its consumer price index inched up by 0.1 percent in March after climbing by 0.4 percent in February. Economists had expected consumer prices to rise by 0.3 percent.
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1253 days ago
Dollar Declines Following U.S. CPI
Following the release of U.S. CPI for March at 8.30 am ET Wednesday, the greenback fell against its major counterparts.
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1253 days ago
Dollar Mixed Ahead Of U.S. CPI
At 8.30 am ET Wednesday, U.S. CPI for March is set for release. Ahead of the data, the greenback traded mixed against its major counterparts. While it rose against the pound, it held steady against the rest of major rivals.
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1253 days ago
Sensex Ends 235 Points Higher; Nifty Gains 90 Points
Indian shares rose modestly on Wednesday to extend gains for an eighth consecutive session after the International Monetary Fund hailed India as "one of the bright spots" in the global economy.
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1253 days ago
European Shares Edge Higher Led By Commodity Stocks
European stocks traded higher on Wednesday as stronger commodity prices on the back of a weaker dollar boosted mining and energy stocks.
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1253 days ago
FTSE 100 Gains Led By Miners And Energy Stocks
U.K. stocks rose on Wednesday as stronger commodity prices on the back of a weaker dollar boosted mining and energy stocks.
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1253 days ago
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Australian Dollar Eases Against Most Majors
The Australian dollar retreated against its most major counterparts in the early European session on Wednesday.
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1253 days ago
CAC 40 Rises Ahead Of US CPI Data
French stocks rose in cautious trade on Wednesday as investors awaited U.S. consumer inflation data as well as Fed minutes from the March meeting for clues on the monetary path of the central bank.
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1253 days ago
DAX Inches Higher Ahead Of US Inflation Data
German stocks were seeing modest gains in cautious trade on Wednesday ahead of U.S. consumer price inflation data due later in the day that could influence the Federal Reserve's monetary policy path.
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1253 days ago
Asian Shares End On Firm Note Ahead Of US CPI Data
Asian stocks eked out modest gains on Wednesday as investors awaited U.S. consumer inflation data as well as Fed minutes from the March meeting for clues on the monetary path of the central bank.
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1253 days ago
Global PC Shipments Drop In Q1, Apple Lost More: IDC
Worldwide shipments of personal computers or PCs declined 29 percent in the first quarter, hit hard by weak demand, excess inventory, and a worsening macroeconomic climate, according to research firm IDC. Apple was the biggest looser, with its Mac shipments showing around 40.5 percent drop from the same period last year. Among the world's largest computer makers, Lenovo, HP, Dell, and ASUS also...
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1253 days ago
European Shares May Struggle For Direction Ahead Of US Inflation Data
European stocks may struggle for direction on Wednesday as investors react to mixed comments from Federal Reserve officials on how the central bank should view its policy path.
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1253 days ago
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