Consumer Price Index

August Consumer Price Index Shows 2.9% Gain Amid Higher Jobless Claims

The Consumer Price Index (CPI) for August recorded a 2.9% gain, highlighting that inflationary pressures are still present. At the same time, jobless claims have risen, pointing to a weaker labor market. Together, these developments paint a picture of an economy where everyday prices remain high while employment conditions begin to soften. This mix is…

UK GDP

UK GDP Release Looms as Pound Falls Against U.S. Dollar

The upcoming UK GDP release is one of the most closely watched events for global markets this week. Investors, traders, and policymakers are eager to see whether the economy is showing signs of strength or slipping deeper into weakness. At the same time, the British pound has been losing ground against the U.S. dollar, reflecting…

Bitcoin

Bitcoin Tops $114K as Traders Bet on Fed Rate Cuts

The financial markets have entered a new wave of excitement as Bitcoin surged past $114,000, setting a historic milestone. The move comes at a time when global investors are closely monitoring U.S. monetary policy, particularly the Federal Reserve’s stance on rate cuts. Traders are pouring into risk assets, and Bitcoin’s role as a store of…