In June, Canada's inflation rate reached 8.1 % as gasoline prices rose. The annual inflation rate in Canada accelerated to 8.1 % in June, missing forecasts but remaining at its highest level since January 1983, according to Statistics Canada data…
Continue ReadingGold prices fell, on Wednesday, as pressure from strong monetary policy concerns and rising bond yields outweighed the relief from the dollar's decline. This comes with the anticipation of central banks' moves to counter inflation, which has hit record levels…
Continue ReadingOil prices rise 3% .. and Brent crude is near 104 dollars Oil prices rose nearly 3% during Monday's trading, supported by a weak dollar and tight supplies. Prices continued to gain, offsetting concerns about a recession and the possibility…
Continue ReadingOil prices rise 1%, and Brent crude is above $101 Oil prices rose by more than 1%, during trading today, Friday, July 15, 2022, after US statements that an immediate increase in Saudi oil production is not expected, following US…
Continue ReadingConsumer inflation in the United States has reached its highest annual rate since 1981. Consumer prices in the United States rose 9.1 % in June, the largest annual increase in more than four decades, as gasoline, food, and rent remained…
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