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Chinese stocks jump; data shows China’s inflation in April heated up above expectations

KEY POINTS Asia-Pacific stocks were mixed in Wednesday morning trade . China’s producer price index for April rose 8% year-on-year,…

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European markets close higher despite hot U.S. inflation data; Stoxx 600 up 1.6%

KEY POINTS European stocks advanced on Tuesday as global markets rebounded from a broad sell-off in recent days, prompted mainly…

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Dollar slips after CPI data as Fed expectations in check

    The dollar was lower on Wednesday after economic data showed inflation remained high but was unlikely to lead…

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Gold bounces as dollar retreats after U.S. inflation data

      Gold resumed its climb on Wednesday after a knee-jerk retreat tied to the release of U.S. inflation…

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