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Inflation ticked down slightly in July, amid the resumption of strikes between the U.S. and Iran. The consumer price index (CPI) increased 0.1 percent last month, according to data released Wednesday…
EUR/USD trades around 1.1550 on Wednesday at the time of writing, up a modest 0.08% on the day.
Both headline and core inflation matched economists’ expectations, while bitcoin held near $64,000 and Treasury yields declined.
Core inflation, which strips out food and energy, climbed 0.2% for the month and 2.5% over the past year
National Bank of Canada's (NBC) Jocelyn Paquet analyzes how China’s sharp reduction in petroleum imports helped offset the Middle East supply shock and limit Oil price gains.
