US inflation data to set the tone for markets this week

The US CPI report is the be all and end all for markets in trading this week. After the recent string of poor data, traders have gone on to price in a September rate cut as Fed policymakers also start to turn more dovishly. But what happens if inflation runs hotter than expected? Stagflation risks are on the rise…

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Ether on the move: ETH/USD to its highest since December 2021

I’ve posted on the tailwinds for Ether before. Ethereum’s price gains are being driven by a powerful mix of regulatory clarity, institutional interest, technical progress, and its expanding role in stablecoins and DeFi. More: Stablecoin growth & regulation tailwinds: Ethereum provides the infrastructure for nearly half of all stablecoins. The GENIUS Act and other U.S. legislative progress toward stablecoin…

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Canadian Dollar steadies after job losses, eyes on US CPI next week

The Canadian Dollar caught an early decline on Friday, but Greenback declines are squaring Loonie positioning. Canada shed jobs in July after the pace of hiring declined faster than expected. Coming up next week: US CPI inflation figures to dominate market sentiment early. The Canadian Dollar (CAD) stumbled on Friday, falling against the US Dollar (USD) before broad-market Greenback…

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China July PPI falls 3.6%, CPI flat: Weak demand, housing slump keep deflation fears alive

China’s factory-gate prices fell more than expected in July, while consumer prices were flat, signalling that weak domestic demand and trade uncertainty continue to weigh on the economy. The data was published over the weekend, ICYMI: Consumer prices were unchanged from a year earlier, versus June’s 0.1% rise and beating expectations for a 0.1% decline. Core CPI rose 0.8%…

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Dow Jones gains ground on easygoing Friday

The Dow Jones rose slightly on Friday to close out the week on the high side. Equities wrestled with tariffs, earnings and geopolitical headlines this week. Indexes recovered their footing after a choppy midweek pullback. The Dow Jones Industrial Average (DJIA) found a bit of room on the high side on Friday, adding a little over 200 points to…

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