Iraq Bulletin

Tag : Inflation

Featured News

U.S. Treasury yields drop despite stronger-than-expected inflation data

iraqbulletin.co
U.S. Treasury yields declined on Thursday despite the release of another inflation report indicating stronger-than-expected price pressures. The 10-year Treasury yield fell by 8 basis points to 4.554%, while the 2-year Treasury yield slipped 4 basis points to 4.321%. Yields...
Featured News

Wall Street tumbles as CPI report dampens interest rate optimism

iraqbulletin.co
U.S. stocks declined on Wednesday as investors reacted to unexpectedly high U.S. inflation data for January, which dampened expectations of Federal Reserve interest rate cuts. The Dow Jones Industrial Average dropped over 0.8%, while the S&P 500 slipped 0.7% and...
Business

Gold price hits new all-time high amid macro uncertainties

iraqbulletin.co
MENA Newswire News Desk: Precious metals are shining brighter as gold hit an all-time high of USD 2,607 per ounce earlier this month, reflecting a surge of over 25% year-to-date. Experts point to the influence of macroeconomic uncertainties, geopolitical tensions,...
Business

Chinese Yuan hits record lows against surging US dollar

iraqbulletin.co
The yuan has hit new record lows against the surging US dollar, with the internationally-traded yuan reaching its lowest point since 2011 and China's domestic currency hitting its weakest level since the 2008 global financial crisis. This depreciation comes as...
Business

Gold prices hold steady near one-year high as Fed rate pause looms

iraqbulletin.co
Gold prices remained close to one-year highs on Friday, fueled by recent US economic data that suggested the Federal Reserve may be nearing the end of its rate-hiking cycle. This drove non-yielding bullion towards a second consecutive weekly increase. Spot...