US Jan CPI and Powell Testimony: Cuts Moving Away XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX” width=”0″ style=”display:none;visibility:hidden”> Source link
China Consumer Price Index (YoY) above expectations (0.4%) in January: Actual (0.5%) Source link
The January payrolls number was weaker than expected at 143k, vs a reading of 175k. However, to counteract the downside surprise in the NFP number, the unemployment rate fell to 4% from 4.1%, and average wage data jumped by 0.5% on the month, to 4.1%, the market had been looking for a decline to 3.8%….
The January payrolls number was weaker than expected at 143k, vs a reading of 175k. However, to counteract the downside surprise in the NFP number, the unemployment rate fell to 4% from 4.1%, and average wage data jumped by 0.5% on the month, to 4.1%, the market had been looking for a decline to 3.8%….
The Week Ahead – The Next Inauguration – Orbex Forex Trading Blog XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX” width=”0″ style=”display:none;visibility:hidden”> Source link
The short-term direction of the stock market hinges on a crucial upcoming inflationInflation refers to the rate at which the overall price levels of goods and services increase, gradually reducing purchasing power over time. It is commonly measured using indices … report. JPMorgan has highlighted the Bureau of Labor Statistics’ December consumer price indexThe Consumer…
Tom Lee, a prominent figure from Fundstrat, has become a widely recognized voice in the investment community. Known for his bold predictions, Lee has often captured attention for his market insights. One of his most notable forecasts was predicting a 20% rise in the S&P 500 for 2023, which turned out to be remarkably accurate,…
The upcoming week promises a wealth of economic data and corporate earnings reports that investors will scrutinize closely. Key economic indicators scheduled for release include consumer and producer inflationInflation refers to the rate at which the overall price levels of goods and services increase, gradually reducing purchasing power over time. It is commonly measured using…
Euro Area December Flash CPI: More Easing? XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX” width=”0″ style=”display:none;visibility:hidden”> Source link
Understanding Inflation Trends: CPI and PPI Data During the week of December 9 through December 13, 2024, key economic indicators highlighted persistent inflationary pressures in the U.S. economy. Investors closely monitored the Consumer Price IndexThe Consumer Price Index is a measure of the average price level of a basket of goods and services that are…