US producer prices unchanged
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Barchart on MSNSugar Prices Rise on Hopes of Stronger US Sugar DemandNY world sugar #11 (SBV25) today is up +0.08 (+0.48%), and October London ICE white sugar #5 (SWV25) is up +3.60 (+0.75%). Sugar prices are moving higher today and posted 1-1/2 month highs on the outlook for stronger US sugar demand.
USD/JPY and AUD/USD move on trade talk progress, US PPI data, and Aussie housing trends. Policy paths in Japan, US, and Australia remain in sharp focus.
Producer Price Index for June showed flat prices, calming inflation concerns after Consumer Price Index report a day before. S&P 500 futures up.
7don MSN
Economists, researchers and analysts have warned that President Donald Trump’s sweeping trade policy of tacking steep tariffs on most goods that come in to America will deliver a taxing blow to consumers via higher prices.
Wall Street braced for another inflation checkup after Tuesday's consumer price reading spurred traders to pare bets on Fed rate cuts in the coming months.
Trump's trade war boosts gold's safe-haven appeal. Explore why Northern Star & Equinox Gold are standout 'buy the dip' picks with strong growth potential!
US wholesale inflation remained unchanged in June, contrary to concerns that President Trump's tariffs might increase goods prices. The Labor Department's report revealed a 2.3% year-over-year rise. This comes amid ongoing discussions on the impact of tariffs and the Federal Reserve's cautious stance on interest rates.
Tomato prices in the US could rise due to the termination of the Tomato Suspension Agreement, which was signed for the first time in 1996 and updated in 2019.
Gold prices increased in the domestic futures market on July 16, influenced by positive global trends and a weaker US dollar. Silver also gained due to strong demand in the spot market.