{"id":442557,"date":"2021-10-14T09:24:46","date_gmt":"2021-10-14T03:54:46","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=442557"},"modified":"2021-10-14T11:08:09","modified_gmt":"2021-10-14T05:38:09","slug":"world-stocks-soft-before-us-cpi-oil-prices-near-multi-year-highs","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/world-stocks-soft-before-us-cpi-oil-prices-near-multi-year-highs\/","title":{"rendered":"World stocks soft before US CPI, oil prices near multi-year highs"},"content":{"rendered":"<p>World stocks steadied around the week&#8217;s lows with the mood dampened by inflation worries ahead of U.S. consumer price data later on Wednesday, with economic recovery in many countries keeping oil prices near multi-year highs.<\/p>\n<p>September U.S. CPI is forecast to show a monthly gain of 0.3%, according to a Reuters poll. Minutes of the U.S. Federal Reserve&#8217;s September policy meeting are also due later, while JPMorgan will be the first major bank to report at the unofficial start of the company earnings season.<\/p>\n<p>&#8220;The markets are at a crossroads,&#8221; said Giles Coghlan, chief currency analyst at HYCM. &#8220;Are we are in a stagflationary environment &#8211; will we see low growth but high inflation? That&#8217;s the concern.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>World stocks steadied around the week&#8217;s lows with the mood dampened by inflation worries ahead of U.S. consumer price data later on Wednesday, with economic recovery in many countries keeping oil prices near multi-year highs. September U.S. CPI is forecast to show a monthly gain of 0.3%, according to a Reuters poll. Minutes of the U.S. Federal Reserve&#8217;s September policy meeting are also due later, while JPMorgan will be the first major bank to report at the unofficial start of the company earnings season. &#8220;The markets are at a crossroads,&#8221; said Giles Coghlan, chief currency analyst at HYCM. &#8220;Are we [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,169],"tags":[],"class_list":["post-442557","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/442557","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=442557"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/442557\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=442557"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=442557"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=442557"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}