Browsing Tag

consumer price inflation

Dollar Falls after Weak US Services Data

Last Updated: June 06, 2023, 04:00 ISTNew York, United States of America (USA)The dollar had risen after the better-than-expected jobs gains boosted expectations the Federal Reserve may continue hiking rates as inflation remains elevated.…

Strong resources sector propels ASX

Ongoing strength in commodity prices amid tight supply and sustained demand boosted resources stocks, propelling the ASX higher.The Australian sharemarket was in the green for the second straight day after a positive lead from Wall Street…