(Bloomberg) — Gold climbed to a fresh record and oil resumed gains as tensions in the Middle East simmered once again. Markets are digesting a raft of news from US inflation data to the imminent start of earnings season for American companies. In addition, Iran may be close to launching missile or drone strikes on…
WASHINGTON (AP) U.S. producer prices rose in March from a year earlier at the fastest pace in nearly a year, but the gain was less than economists expected.
(Bloomberg) — European stocks rallied the most in more than two months as simmering Middle East tensions pushed commodities higher and the prospect of euro-area interest-rate cuts boosted sectors sensitive to borrowing costs. The common currency tumbled. The Stoxx 600 index advanced 1.2%, with mining, energy and utility stocks leading the gains. Brent climbed above…
WASHINGTON U.S. producer prices rose in March from a year earlier at the fastest pace in nearly a year, but the gain was less than economists expected. And wholesale inflation eased on a month to month basis.
WASHINGTON U.S. producer prices rose in March from a year earlier at the fastest pace in nearly a year, but the gain was less than economists expected. And wholesale inflation eased on a month to month basis.