​U.S. CPI YoY June

2023-07-10
Summary:

After the June jobs report showed a cooling but still-hot picture of the labour market, investors are looking to a key inflation report due Wednesday for more clues on the economy’s health.

US CPI YoY June


12 July


Previous: 4% Forecast: 3.1%


After the June jobs report showed a cooling but still-hot picture of the labour market, investors are looking to a key inflation report due Wednesday for more clues on the economy’s health. But some investors say the results will likely do little to sway the Fed’s interest rate trajectory.


The labour market added just 209,000 jobs in June, below economists’ expectations for a net gain of 225,000 jobs. That’s the smallest monthly gain since a decline in December 2020. Average hourly earnings growth remained steady at 4.4% year-over-year, suggesting that wage inflation remains sticky.


Recent data has suggested that inflation is coming down, though it remains above the Fed’s 2% target. Economists expect a 3.1% increase in consumer prices for the year ended in June, a cooldown from a 4% annual increase in May.

US CPI YoY June

DXY Nears 98.00 as Traders Brace for Fed and Trump Moves

DXY Nears 98.00 as Traders Brace for Fed and Trump Moves

DXY climbs toward 98.00 as traders respond to Fed policy uncertainty and Trump's new tariff threats against Canada and the EU.

2025-07-11
Indian Markets Today: Rupee, SENSEX, NIFTY Drop

Indian Markets Today: Rupee, SENSEX, NIFTY Drop

Rupee falls 22 paise to 85.86 per USD as Sensex drops 625 points and Nifty slides 182 points. TCS earnings disappoint, trade worries weigh on sentiment.

2025-07-11
​Loonie grapples with Trump's indignation

​Loonie grapples with Trump's indignation

The Canadian dollar fell Friday as Trump planned 15–20% blanket tariffs on most trade partners, signaling more global trade upheaval.

2025-07-11