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Add as a preferred source on GoogleQuotes from Capital Economics:- Our forecast is that the annual rate of PPI inflation (13.30 GMT) slumped to only 0.3% in January. The 18% m/m decline in gasoline prices points to a 9% m/m drop in the PPI energy componen…
Quotes from Capital Economics:
- Our forecast is that the annual rate of PPI inflation (13.30 GMT) slumped to only 0.3% in January. The 18% m/m decline in gasoline prices points to a 9% m/m drop in the PPI energy component.
- The drop might even prove to be a little bigger, since natural gas prices also fell back last month. Excluding food and energy prices, we think core PPI inflation was unchanged at 2.1%.
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…
