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JULY INFLATION DATA CHINA
China producer inflation slows to three-month low, consumer prices coolChina's producer price inflation eased more than expected in July. Consumer inflation also cooled, reflecting weaker domestic demand in the...
US Treasury yields fall as jobs report dashes hike betsU.S. Treasury yields saw a drop on Friday following an unexpected decline in July's job numbers. Traders subsequently lowered their predict...
Wall Street Week Ahead: Inflation data to test record-setting US stocks, Fed rate viewsUpcoming inflation data poses a challenge to the stock market's recent technology-driven surge. Analysts predict a rise in consumer prices,...
Market cuts odds of Fed hike after jobs data, but economists still see case for tighteningThe weak job report for July has tempered expectations surrounding a Federal Reserve rate increase. Consequently, futures markets now indic...
US stocks: US stocks rise as surprise payrolls decline cools rate-hike fearsUS stock markets opened higher on Friday after unexpected job losses. The S&P 500 and Nasdaq saw gains at the opening bell. This economic d...
Indian July consumer inflation likely edged higher on food prices: Reuters pollIndia’s retail inflation likely rose to 4.50% in July from 4.38% in June, according to a Reuters poll of 40 economists, marking a second st...
US Stock Market: Warsh's Fed leaves markets searching for policy cluesFederal Reserve Chair Kevin Warsh is changing the central bank’s communication approach, reducing reliance on forward guidance and leaving ...
Global Market: China’s July exports top forecasts as AI boom and pre-tariff rush fuel trade growthChina's July exports rose 23.9%, beating forecasts as strong global AI-related demand and pre-tariff shipments boosted trade. High-tech and...
Global Market: China, Hong Kong stocks rise as strong trade data and AI demand lift sentimentChina and Hong Kong equities advanced on Friday after stronger-than-expected July trade data reinforced confidence in the country's export ...
Gold heads for strongest week since January, US payrolls data in focusGold prices found stability on Friday, approaching their most significant weekly increase since January. Soothing concerns over inflation, ...
Euro zone services revival drives activity in July but outlook clouded by Iran war, PMI showsEuro zone business activity reached an eight-month high in July. Services activity rebounded, joining a strengthening manufacturing sector....
Global Market: China's services growth slows to 10-month low in July; weak demand weighs on outlookChina's services sector expanded at its weakest pace in 10 months in July as softer domestic demand slowed business activity, reinforcing c...
Gold ticks up on softer dollar, focus on US jobs dataOn Wednesday, gold prices experienced a modest uptick as the dollar lost strength. Investors are keenly anticipating important US jobs data...
Tesla's China-made EV sales up 38% on-yearTesla's China-made electric vehicle sales saw a significant rise last month. Sales from the Shanghai plant increased by 37.8 percent year-o...
Global Market: South Korea's July inflation cools below expectations as oil prices ease; rate hike bets remainSouth Korea's consumer inflation eased to a three-month low in July, falling below market expectations. Lower oil prices significantly cont...
Factories faced weaker demand, higher costs in July as Iran war grinds onIn July, China's manufacturing activity experienced a decline attributed to dwindling demand alongside escalating costs. Meanwhile, the Eur...
US Stock Market: Wall Street braces for jobs data, earnings as markets seek fresh directionInvestors await crucial July employment data and corporate earnings reports this week. Markets are navigating geopolitical tensions and int...
China factory growth slows to 4-month low in July, survey showsChina's manufacturing sector expanded at its slowest pace in four months during July. Output and new orders rose more slowly, while export ...
Charting the Global Economy: Central banks hold the lineGlobal central banks maintained interest rates this week due to rising energy costs. The Federal Reserve and Bank of England saw some offic...
Euro zone inflation ticks up in July, bolstering rate hike caseEuro zone inflation increased to 2.9% in July, driven by higher oil prices. Underlying inflation also accelerated, indicating broader price...