Global investment bank JPMorgan has cautioned that bitcoin is still overbought despite the crypto’s recent price decline. JPMorgan’s analysts expect continued selling pressure on bitcoin as the halving approaches, “particularly against a positioning backdrop that still looks overbought despite the past week’s correction.” JPMorgan: ‘Bitcoin Remains in Overbought Territory’ JPMorgan’s analysts, led by global strategist […]
Inflation is moderating but still too high and the monthly consumer price index will be watched keenly for further evidence of easing price pressures. The Australian Bureau of Statistics will release the February consumer price index data, a key of measure of inflation, on Wednesday. After peaking at 7.8 per cent in December 2022, inflation […]
The Consumer Prices Index including owner occupiers' housing costs (CPIH)
Chocolate prices may be soaring, but consumers still plan to dish out $3.1 billion on candy for Easter weekend.
The International Crisis Group says China and UN Security Council members should seek a ‘coordinated response.’
A new study suggests that the agriculture industry's battle with rising global temperatures could drive food prices even higher.
The inflation rate dropped slightly faster than expected in February, hitting 3.4% during the month, the lowest for two and a half years.
As property developers grapple with the effects of inflation, they find themselves locked in a fierce struggle against the soaring cost of building material which have surged by 700 per cent over the past five years, JOSEPHINE OGUNDEJI writes In recent years, developers have found themselves in a fierce battle against inflation as the prices Read More
In ancient days, Saint Ronnie of Reagan returned from the mountaintop with a tablet engraved with the 11th Commandment: “Thou shalt not speak ill of another Republican.” Those days are as long gone as the idea of Republicans opposing Russia or holding a dishonest president to account. Instead, Speaker of the House Mike Johnson is currently begging his raucous caucus to stop campaigning against each other. But since Johnson was selected specifically because he was an anonymous backbencher, it’s...
Overall, import prices are down almost 1% from the same time a year ago. And prices at the import level can affect other inflation data.
LONDON (AP) — Tired of inflated ticket prices, recording artist Yungblud is launching his own affordable music festival. Bludfest takes place on Aug. 11 in the iconic Milton Keynes Bowl, which in the past has hosted the likes of David Bowie and Green Day in Buckinghamshire, England, northwest of London. CARNIVAL CRUISE SHIP HOSTING MUSIC
Tired of inflated ticket prices, recording artist Yungblud is launching his own affordable music festival.