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U.S. stocks advanced on June 11 while initial jobless claims climbed to 229,000. Producer prices rose 1.1 percent for a second straight month.
BloombergMonthly producer inflation reached its highest level in two years. Higher fertilizer and energy costs linked to the Iran war contributed to the increase.
thehindu.comSouth Korea's producer price index increased 2.5 percent in April from the previous month, marking the largest monthly gain since February 1998. The rise was driven primarily by higher petroleum and raw materials prices.
japantimes.co.jpU.S. producer prices rose 1.4% in April, exceeding economist expectations of 0.5%. The annual rate climbed to 6.0% while core PPI increased 1.0% for the month. Separate data showed China's aggregate financing and new yuan loans fell short of estimates in April.
CoinDeskPresident Donald Trump met Chinese President Xi Jinping in Beijing on May 14, 2026, praising Xi as a "great leader" while the two discussed trade, the Iran war and Taiwan. The U.S. Treasury sold 30-year bonds at a 5% yield for the first time since 2007. The summit occurs amid ris…
japantimes.co.jpThe producer price index increased 1.4 percent in April after seasonal adjustments, the U.S. Bureau of Labor Statistics reported. Wholesale inflation rose to 6 percent over the past 12 months, the largest such increase since December 2022. Energy costs drove about 75 percent of t…
realclearmarkets.comU.S. producer prices rose sharply in April while equity market breadth remained narrow. Big Tech shares advanced following an appearance by Jensen Huang aboard a government aircraft. Yields, the dollar and oil prices climbed while gold and bitcoin declined.
cnbc.comSusan M. Collins delivered remarks in Boston on May 13, 2026, stating that current monetary policy is well positioned but that rates may need to stay restrictive for an extended period. U.S. producer prices rose sharply in the latest reading, exceeding economist estimates on both…
winnipegfreepress.comThe producer price index for final demand increased 6 percent in April compared to the same month a year earlier, according to data released on Wednesday. The rise adds to measures of price pressures at the wholesale level. Officials track the index as an indicator of potential c…
theepochtimes.comU.S. producer prices increased 1.4% in April on a monthly basis, well above the 0.5% expected by economists. The annual rate accelerated to 6.0%, while core PPI also exceeded forecasts. The data comes amid broader concerns about inflation trends.