U.S. inflation holds at 3.4% in August
U.S. annual inflation was unchanged at 3.4% in August, matching expectations, while core inflation eased to 2.4% year over year. The monthly CPI rose 0.4%, with gasoline the biggest driver.
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U.S. annual inflation was unchanged at 3.4% in August, matching expectations, while core inflation eased to 2.4% year over year. The monthly CPI rose 0.4%, with gasoline the biggest driver.
Groupe Dynamite said Q2 fiscal 2026 revenue rose 29.8% to $423.6 million and gross profit increased 40.5% to $291.6 million. It raised full-year revenue growth guidance after the quarter.
U.S. stocks fell on Thursday after August producer price data and surging oil prices stoked worries the Federal Reserve will hike rates next week, while rising Treasury yields made stocks less attractive. Heavyweight chipmakers also lost ground.
Global asset managers including Amundi, Pictet, Robeco and Fidelity International are adding to gold holdings as physically backed ETFs drew $3 billion in July inflows and central-bank buying slowed.
The dollar index stayed above 99 on Monday after a slight prior-session rebound. Friday’s US jobs report showed nonfarm payrolls rose 162,000 in August; unemployment held at 4.1% and wages grew 3.1%.
U.S. stocks ended the week mixed after August jobs data beat expectations, with employers adding 162,000 positions and unemployment holding at 4.1%, boosting bets the Federal Reserve could raise rates in September.
Friday's August employment report may decide whether the Fed pauses or raises rates on Sept. 16, with CME FedWatch pricing a 50-50 split. Economists expect 56,000 jobs added, unemployment at 4.1% and hourly earnings up 0.3% month on month.
Toro said third-quarter net sales rose 8% and adjusted EPS was $1.33, while lifting full-year adjusted EPS guidance to $4.60 to $4.65.
The Australian dollar stays above $0.71 near an eleven-week high as markets digest RBA August meeting minutes showing cash-rate guidance remains restrictive but inflation persistence risks flagged.
Jeffrey Currie says the Treasury's decision to at least double long-term bond buybacks to $4 billion next quarter, alongside rising scarcity in commodities, points to a 'debasement trade.'
American Bitcoin co-founder and Chief Strategy Officer Eric Trump calls Bitcoin’s rally “exciting” and says digital assets are the “future,” while ABTC closed 13% higher.
iShares 20+ Year Treasury Bond ETF (TLT) traded as low as $81.80 on Friday, down 1.03% on the week, reaching its lowest level since June 2004.
Super Micro Computer reported fourth-quarter adjusted EPS of $1.70 versus a Street view of 62 cents, with net sales of $11.12 billion, and raised fiscal first-quarter and full-year fiscal 2027 sales guidance.