Rampant U.S. dollar pushes euro below parity
admin The euro fell below parity to the dollar on Thursday, succumbing to the power of…
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Italian bonds slump, euro flirts with parity ahead of ECB introduction of anti-fragmentation tool
Italian government bonds slumped on Thursday with Prime Minister Mario Draghi in danger of being…
Read MoreBond yields rise as chances of 100 basis point July rate hike by Fed reach 85%
Bond yields rose on Thursday, as traders made more bets the Federal Reserve will sharply…
Read MoreEU hikes inflation forecast and cuts growth forecast
The European Commission has raised its inflation forecasts for the eurozone considerably and has slashed…
Read MoreYen plunges to weakest versus the dollar since 1998
The U.S. dollar rose to its highest level versus the Japanese yen this century as…
Read MoreU.S. stock futures slip as traders await bank earnings amid hawkish Fed fretting
U.S. stock futures fell Thursday as the prospect of the Fed responding aggressively to 40-year…
Read MoreFed’s Mester says inflation data ‘uniformly bad,’ but not ready to commit to even bigger rate hike
Federal Reserve Bank of Cleveland President Loretta Mester said inflation data released earlier Wednesday was…
Read MoreChina’s commodities imports might be close to a bottom, but demand remains soft, says economist
China saw a sharp slowdown in its commodities imports in June as the economy saw…
Read MoreOpinion: You won’t hear the Federal Reserve talk about the good parts of this inflation report
Wednesday’s inflation report put the markets and the Federal Reserve on notice that higher prices…
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Opinion: The real worry isn’t prolonged inflation — it’s deflation
The most recent headline CPI came in at 9.1% so it might seem odd to…
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