archiveInflation

Deepening US-China trade war continues to bolster the haven demand for Gold price in India on Thursday, even though the global stocks rebound on US President Donald Trump's "90-day pause" on reciprocal tariffs for all other countries.   Gold price also shrugs off the ongoing Chinese disinflation amid the market's nervousness on US-Sino trade woes and ahead of the US Consumer Price Index (CPI) data release.  At the time of writing, Gold price changes hands at 8,668.09 Indian Rupees (INR) per gram, advancing from Wednesday's close of INR 8,550.30, according to data...

With around 180 currencies in use worldwide, it’s a difficult task to keep an eye on them all, especially when exchange rates cause constant fluctuations in how they perform. There is a huge range of factors which can push a currency up, or down, the global rankings, including low inflation, interest rates and exports.But what are the strongest currencies in the world? According to smartasset, a currency is classified as strong when it is worth more than another’s. In a country with a stronger currency, it would mean it would...

With around 180 currencies in use worldwide, it’s a difficult task to keep an eye on them all, especially when exchange rates cause constant fluctuations in how they perform. There is a huge range of factors which can push a currency up, or down, the global rankings, including low inflation, interest rates and exports.But what are the strongest currencies in the world? According to smartasset, a currency is classified as strong when it is worth more than another’s. In a country with a stronger currency, it would mean it would...

Trump's trade war isn't the only thing that's derailed the stock market in 2025.While anticipated tariffs have exerted the most pressure in recent weeks, the sell-off has been accelerated by a slew of data points that suggest that the economy is on shaky footing. Here are four factors that are souring the mood among investors as the second quarter kicks off. 1. Confidence is droppingConsumers are feeling steadily worse about the state of the economy. Consumer confidence dropped for the fourth month in a row in March, hitting its lowest...

Tesla trade-ins hit record high amid Elon Musk controversyTesla trade-ins have reportedly hit a record high amid a brand crisis linked in part to CEO Elon Musk's involvement in the Trump administration. According to the Washington Post, Teslas made up 0.4% of all vehicles traded at traditional dealerships a year ago. That figure doubled to 0.8% in January.unbranded - NewsworthyU.S. stocks plunged, with the Dow closing down more than 700 points and the S&P 500 shedding over 100 points amid heightened inflation and tariff concerns.The Fed's preferred inflation measure, the...

Stocks closed broadly higher Monday amid hopes on Wall Street that the Trump administration may take a more targeted approach as it tees up a new round of tariffs on imported goods next week. The S&P 500 jumped 1.8%. The index was coming off its first winning week after a four-week losing streak. The Dow Jones Industrial Average rose 1.4%, and the Nasdaq composite closed 2.3% higher. “The market was primed to respond well if the administration pulled back on some of the tariff threats or even provided off ramps...

White House downplays recession fears amid stock market concernsA new poll found that 70% of Americans, including a majority of Republicans, think President Trump's trade policies will push prices higher.Scripps NewsThe stock market has experienced turbulence, with the Nasdaq entering a correction in early March.The S&P 500 is predicted to see a weekly gain after four weeks of losses, while the Dow is on track for its largest weekly gain since January.After the November 2024 election, the stock market hit an all time high, with conservative media pundits claiming that...

Howard Schneider  |  ReutersInterest rate decision looms as Fed discusses tariffs and trade war impactsWith rising tariffs looming, experts warn of increased consumer prices as the Federal Reserve convenes to address economic implications. (Scripps News)Scripps NewsTumbling stock markets and signs of tightening credit may make the Federal Reserve's job even more difficult this week as U.S. central bank policymakers try to weigh whether consumer spending will suffer as households take stock of the potential blow to their net worth and greater difficulty in obtaining loans.U.S. retail sales for February, reported on Monday in the...

Fears of a US recession may be exaggerated despite slowing growth, according to Steven Englander, Managing Director & Global Head of G10 FX Research & North American Macro Strategy at Standard Chartered Bank. While concerns persist over high interest rates and government spending, he believes economic data does not fully support a worst-case scenario.“We do think the economy is slowing, but nowhere near the pessimism that's being expressed,” Englander said.Falling energy prices and improving weather conditions could boost consumer spending in the coming months, potentially supporting growth. Englander expects the...

The U.S. dollar faced a decline against the Japanese yen on Monday, driven by fears of an economic slowdown and ongoing uncertainty concerning the Trump administration's trade policies. Investors' mounting concerns were compounded by a notable selloff on Wall Street.While the greenback faltered against the yen, it showed resilience by strengthening against currencies like the euro, Swiss franc, and sterling, as traders took profits from recent currency gains. Meanwhile, Wall Street noted a steep decline, with a significant drop in the Nasdaq as tech sectors suffered.Interest rate movements were...