Inflation is expected to rise — and Iran war costs could linger for months despite the ceasefire

Economists expect inflation increased in March because of higher energy prices. Genaro Molina/Los Angeles Times via Getty Images The new CPI report will be published on Friday at 8:30 a.m. ET. The inflation rate is expected to accelerate due to energy prices and the Iran war. The war's effects will likely last for months, even after it ends. A new inflation report is around the corner, likely unveiling the effects of the Iran war on prices, but even if a tentative ceasefire holds, energy pr...

Seoul shares open up amid optimism over US-Iran ceasefire deal

Seoul shares opened higher Friday, tracking overnight gains on Wall Street, as investors remained optimistic over the upcoming US-Iran negotiations following a two-week ceasefire deal. The benchmark Korea Composite Stock Price Index rose 95.88 points, or 1.66 percent, to 5,873.89 as of 9:15 a.m. Overnight, the Dow Jones Industrial Average gained 0.58 percent, while the tech-heavy Nasdaq Composite advanced 0.83 percent. In a potential boost to the ceasefire efforts, Israeli Prime Minister Benjami

By The Korea Herald

Peso rises for seventh straight day as dollar weakens on US-Iran ceasefire

The peso has surged over 4% since late March, buoyed by an increased appetite for risk following the US-Iran ceasefire. The post Peso rises for seventh straight day as dollar weakens on US-Iran ceasefire appeared first on Mexico News Daily

By MND Staff