Sizable economic data and events scheduled for today, and some with high volatility risks associated. Data released so far: China: CPI inflation rose to 2.5 percent y/y in April. PPI inflation up 0.9 percent y/y. Upcomin…
Sizable economic data and events scheduled for today, and some with high volatility risks associated.
Data released so far:
China: CPI inflation rose to 2.5 percent y/y in April. PPI inflation up 0.9 percent y/y.
Upcoming:
Spain: March Industrial output report to be released at 7:00 GMT.
United States: April PPI inflation report due at 12:30 GMT, along with with March trade balance, and weekly jobless claims report at 12:30 GMT. Fed’s Bostic is set for a speech at 13:45 GMT. EIA will release its weekly natural gas inventory report at 14:30 GMT.
Canada: March trade balance report due at 12:30 GMT, along with new house price report.
New Zealand: Electronic card sales report due at 22:45 GMT.
Japan: Labor cash earnings and household spending report due at 23:30 GMT.
Auction: The U.S. will auction 1-month bills at 15:30 GMT, and a 30-year bond at 17:00 GMT.
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…
