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Canada's annual inflation rate in June up slightly to 1.9%
June consumer price index up by 0.1% on month-on-month basis Rise in prices led by durable goods, clothing, footwearCore measures of inflation continue to stay at or above 3%Shelter prices rise by below 3% for first time in four yearsBy Promit Mukherjee OTTAWA, July 15 (Reuters) - Canada'...Reuters
Tue, Jul 15
TREASURIES -US yields slip as inflation rises in June
CPI data shows mild tariff-related pressuresUS 10-year yield fall after rising three straight daysFed funds futures still pricing in two cuts this yearBy Gertrude Chavez-Dreyfuss NEW YORK, July 15 (Reuters) - U.S. Treasury yields dipped on Tuesday after data showed inflation in the world's la...Reuters
Tue, Jul 15
INSTANT VIEW-US consumer prices tick up as anticipated in June
WASHINGTON, July 15 (Reuters) - U.S. consumer prices picked up in June, likely marking the start of a long-anticipated tariff-induced increase in inflation that has kept the Federal Reserve cautious about resuming its interest rate cuts. The Consumer Price Index increased 0.3% last month after edgin...Reuters
Tue, Jul 15
Canadian home sales rise 2.8% in June
TORONTO, July 15 (Reuters) - Canadian home sales rose 2.8% in June from May and were up 3.5% on an annual basis, data from the Canadian Real Estate Association showed on Tuesday.The industry group's Home Price Index edged down 0.2% on the month and was down 3.7% annually, while the national aver...Reuters
Tue, Jul 15
Traders stick to bets on September Fed rate cut after inflation report
July 15 (Reuters) - The Federal Reserve will likely be able to start cutting short-term borrowing costs by September, traders continued to bet on Tuesday, after a government report showed a widely expected increase in consumer prices last month.Reuters
Tue, Jul 15
TREASURIES -US yields pare declines afer inflation data
NEW YORK, July 15 (Reuters) - U.S. Treasury yields pared declines on Tuesday after data showed inflation in the world's largest economy increased in June, suggesting that the Federal Reserve will likely take its time before it resumes cutting interest rates this year. The benchmark 10-year...Reuters
Tue, Jul 15
INSTANT VIEW-Canada's annual inflation rate increases to 1.9% in June
TORONTO, July 15 (Reuters) - Canada's annual inflation rate rose to 1.9% in June, meeting analysts' expectations, as increases in the price of automobiles and clothing and footwear pushed the index higher, data showed on Tuesday. Market reaction: CAD/Link: https://www150.statcan.gc.ca...Reuters
Tue, Jul 15
Durban G20 talks will seek to deepen global ties in "turbulent times," German sources say
By Maria Martinez BERLIN, July 15 (Reuters) - A meeting of finance ministers and central bank governors from the Group of 20 in Durban, South Africa, will seek to deepen global relationships in "turbulent times", German finance ministry sources said on Tuesday. The Durban gathering of fin...Reuters
Tue, Jul 15
RPT-BREAKINGVIEWS-Tesla inches its India strategy out of the garage
By Ujjaini Dutta BENGALURU, July 15 (Reuters Breakingviews) - Tesla TSLA.O, meet India. After years of eyeing the country, CEO Elon Musk’s $1 trillion electric-vehicle giant is opening its first showroom in the world’s third-largest car market, in Mumbai, on Tuesday. High import duties and modes...Reuters
Tue, Jul 15
