Asian shares firmed on Wednesday as rising global commodity prices boosted energy and resource stocks, while investors largely shrugged off data from China suggesting growth there is starting to slow.
China's inflation eased a touch to 5.3 percent in the year to April from a 32-month high of 5.4 percent in March but was still higher than expected, keeping the door open for more tightening steps.
Influential investment veteran Jim Rogers said on Tuesday he plans to short U.S. Treasuries, maybe as soon as later in the day, as he expects the end of the Federal Reserve's quantitative easing program to pressure government bonds.
If you can help it, don’t buy US Treasuries. The main reason is that you’ll lose real value by doing so.
The cost of imported products in the United States rose for a seventh straight month in April thanks to a weaker dollar, and more owners of small businesses raised prices, in potentially worrying signs of inflation.
Investors around the world, more so the Chinese, are buying up gold assets to cover against rising inflation risk, macroeconomic uncertainties, a possible currency doom and the ever worsening U.S. debt scenario. The gargantuan demand from China can cause the yellow metal's prices to skyrocket, analysts feel. If the Chinese buying trend is ably supplemented with a fall in the value of dollar, this could result in a skyrocketing of prices.
Jens Nordvig and his team at Nomura International Securities have shorted EUR/SEK in their model portfolio.
Two Federal Reserve officials on Friday stressed there will be no rush to roll back the U.S. central bank's super-easy monetary policy with the labor market still healing and inflation expectations largely in check.
A top Federal Reserve official called on Thursday for a small interest rate increase by the end of the year if inflation rises as forecast, in one of the first outright calls from a policymaker to tighten monetary policy.
U.S. retailers warned of rising costs and cautious consumers even as a late Easter boosted sales of clothing and other holiday-related items in April, helping many beat sales expectations.
Commodity prices fell once again, and Silver Bullion sank for the fourth day in succession, losing 22.5% against the Dollar since Thursday last week - the sharpest plunge since April 1987.
Silver nursed losses on Thursday after suffering its biggest three-day drop in five years on heavy profit taking while the euro consolidated gains against the dollar before the European Central Bank meeting where it is expected to reinforce its hawkish outlook.
Inflation remains well under control, despite the spike in oil prices, but the Federal Reserve stands ready to raise interest rates if price pressures appear to be getting out of hand, top Fed officials said on Wednesday.
The United States is not heading into a sustained bout of high inflation, a top Federal Reserve Bank official said on Wednesday, despite a recent surge in energy and food prices that is sparking fears of 1970s-style price rises.
China's inflation rate has reached a point where it is sparking social unrest, the American enterprise Institute's (AEI) latest outlook report has noted. Chinese premier Wen Jiabao's recent comment that inflation is a tiger that once set free is very difficult to put back in its cage[1] aptly characterizes the current inflation in his country. The world's second-largest economy faces some fundamental choices if it is to restore stability, says the report, which was au...
China's roaring economy will slow a touch this year, with inflation staying stubbornly above the government's 4 percent target, arguing for monetary policy to tighten further, a Reuters poll showed.
Gold prices hit new all-time Dollar highs at the AM London Fix on Tuesday, but silver traded near a two-week low as world stock markets slipped and commodity prices fell hard.
India's central bank raised interest rates by a bigger-than-expected 50 basis points on Tuesday and declared it would battle stubbornly high inflation even at the cost of some economic slowdown, casting doubt over the government's ambitious growth targets.
Finance ministers of China, Japan and South Korea are mindful of the challenges from inflation, rising commodity prices and the increasing volatility of capital flows to the region, a draft statement seen on Tuesday ahead of a trilateral meeting showed.
India's central bank raised interest rates by a sharper-than-expected 50 basis points on Tuesday and signaled it would battle stubbornly high inflation even at the expense of the government's economic growth ambitions.
The dollar rebounded from three-year lows and U.S. crude slid more than 1 percent on Monday on the back of news that a U.S.-led operation killed Osama bin Laden in Pakistan.
Central bankers around the world are at different stages when it comes to combating price pressures, but all of them are keeping a close watch on wages for early warning signs of future inflation.