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U.S. Import Prices Climb 0.6% In May, Less Than Expected

A report released by the Labor Department on Wednesday showed U.S. import prices increased by less than expected in the month of May. The Labor Department said import prices climbed by 0.6 percent in May after rising by a revised 0.4 percent in April.
RTTNews | 854 gün önce
U.S. Retail Sales Unexpectedly Dip Amid Sharp Pullback In Auto Sales

U.S. Retail Sales Unexpectedly Dip Amid Sharp Pullback In Auto Sales

Reflecting a sharp pullback in auto sales, the Commerce Department released a report on Wednesday showing an unexpected decrease in U.S. retail sales in the month of May. The report showed retail sales fell by 0.3 percent in May after climbing by a downwardly revised 0.7 percent in April.
RTTNews | 854 gün önce
Bank Of England To Raise Rates For Fifth Time

Bank Of England To Raise Rates For Fifth Time

The Bank of England is widely expected to raise its interest rates for a fifth policy session in a row on Thursday amid soaring inflation that is fueling further rise in cost of living and severely hurting consumer confidence.
RTTNews | 854 gün önce
U.S. Retail Sales Unexpectedly Dip 0.3% In May

U.S. Retail Sales Unexpectedly Dip 0.3% In May

Reflecting a sharp pullback in auto sales, the Commerce Department released a report on Wednesday showing an unexpected decrease in U.S. retail sales in the month of May.
RTTNews | 854 gün önce
Dollar Slightly Down After U.S. Retail Sales

Dollar Slightly Down After U.S. Retail Sales

U.S. import and export prices and retail sales for May have been released at 8:30 am ET Wednesday. The greenback dropped slightly against its major counterparts after these data.
RTTNews | 854 gün önce
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Dollar Mixed Ahead Of U.S. Retail Sales

Dollar Mixed Ahead Of U.S. Retail Sales

U.S. import and export prices and retail sales for May are due at 8:30 am ET Wednesday. Ahead of these data, the greenback traded mixed against its major counterparts. While the currency recovered against the euro and the franc, it dropped against the pound. Against the yen, it was steady.
RTTNews | 854 gün önce
U.S. Dollar Lower Before Fed Decision

U.S. Dollar Lower Before Fed Decision

The U.S. dollar slipped against its major counterparts during the European session on Wednesday, ahead of the U.S. Federal Reserve's monetary policy decision that is expected to deliver another 50 basis point rate hike to counter inflation.
RTTNews | 854 gün önce

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