Commentary
Add as a preferred source on GoogleChinese CPI jumped more than expected (but the drop in the PPI accelerated), from 0.8% y/y to 1.4%. The numbers follow higher-than-expected inflation from the Euro area, and suggest recent deflation fears are overblown. …
Chinese CPI jumped more than expected (but the drop in the PPI accelerated), from 0.8% y/y to 1.4%.
The numbers follow higher-than-expected inflation from the Euro area, and suggest recent deflation fears are overblown.
Nordea notes in a report on Tuesday:
We would not read too much into the numbers because of the effects from the Chinese Lunar New Year holiday.
Gold prices edged lower on Monday as stronger-than-expected U.S. nonfarm payrolls data dampened hopes for aggressive Federal Reserve rate cuts, bolstering the dollar. Spot gold slipped 0.1% to $2,686.32 an ounce, while F…
On-chain data shows BTC whales moved 10000 BTC from Crypto exchanges. This indicate accumulation of BTC by whales. Japanese public company Metaplanet buys another 1 billion yen worth of Bitcoin. According to Santiment, t…
Personal income increased by 0.2% month over month In August, which was less than the 0.4% market forecast and less than the 0.3% growth in July. For the third consecutive month, real personal disposable income increased…
