Price increases at grocery stores continued to decline in November from a year earlier, as did prices for cell phone service and heating oil, allowing inflation to stabilize in November, according to Statistics Canada data released Tuesday. • Also read: Lowering the key interest rate: “It’s still too early,” says Tiff Macklem The consumer price … [Read more…]
According to data released by the Labor Department on Tuesday, prices in the United States continue to gradually move toward a return to normality after another slowdown in November, even as the Federal Reserve (Fed) has to begin its monetary policy meeting. At the end of November, inflation reached 3.1% in a year, slightly lower … [Read more…]
Nikesh Arora, CEO of Palo Alto Networks, told CNBC’s Jim Cramer that his company is still seeing strong demand for its cybersecurity services despite weaker-than-expected billing forecasts. The company’s share price fell nearly 6% in after-hours trading. In a Wednesday interview with CNBC’s Jim Cramer, Palo Alto Networks CEO Nikesh Arora said demand remains strong … [Read more…]
USD/JPY, GOLD PRICE FORECAST Gold price is rising but fails to overcome cluster resistance USD/JPY lacks directional conviction as the pair trades slightly below the 200-day simple moving average This article examines the technical profile of gold and USD/JPY, focusing on key price thresholds that may be relevant heading into the final trading sessions of … [Read more…]