Gas prices will be stable for long weekend but could spike next week: analyst
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Mixed movements in oil prices seen next week
Pump prices of fuel products may see mixed movements next week, with gasoline continuing its downward trend and an uptick in diesel and kerosene prices following a recent rally in global oil prices.
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Japan's producer prices rise 0.9% in April
Japan's producer price index (PPI) rose by 0.9% in April compared to the same time period last year, the Bank of Japan revealed in a report on Tuesday.Meanwhile, on a monthly basis, the PPI increased
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Markets, Fed getting 'complacent' to rising prices: Strategist
Recent economic data, such as Tuesday's hotter-than-expected Producer Price Index (PPI) reading, suggest inflation is not moving as swiftly as hoped toward the Federal Reserve's 2% target. Verdence Capital Advisors Chief Investment Officer Megan Horneman joins The Morning Brief to give insight into how the markets are moving and why the Fed will need to adopt a more hawkish tone to rectify the current inflationary trend. Horneman explains that beyond the recent PPI report, there have been other...