The latest federal data show the CPI increasing 2.7% over the previous 12 months, outpacing the 2.4% May figure and raising questions around the impact of trade uncertainty.

SINGORE, - The U.S. dollar drew support from elevated Treasury yields on Wednesday, which in turn kept pressure on the yen after the latest U.S. inflation report showed signs that President Donald Trump's tariffs were beginning to feed into prices.

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.

UBS expects the US economy to slow significantly in 2025, projecting real GDP growth to fall to around 1%. In a note to clients issued Tuesday, the bank pointed to a combination of fading fiscal support, elevated interest rates, and persistent inflation as key drivers of the expected deceleration.

MSCI's global equities index lost ground on Tuesday after touching a record high, while U.S. Treasury yields hit their highest level in more than a month, as investors digested a slight rise in U.S. inflation and took a mixed view of quarterly results from big banks.

USD/JPY rallies as Trump’s tariffs hit BoJ rate hike bets. Japan inflation, trade, and US data to guide pair’s next move.

Gold prices inched up on Tuesday, July 15. Investors are waiting for fresh US inflation data to gauge the Federal Reserve’s next move on interest rates. Spot gold rose 0.1% to $3,346.94 per ounce at 0151 GMT.

Stock Market Outlook Key Takeaways. Following the rally, US stocks are once again trading at a slight premium to our fair value. Growth stocks in particular soared to an e