USOIL Snaps 7-Weeks Profitable Streak on Fed, China Fears
The commodity heads towards its first losing week in around two months, weighed by fears over the Fed’s policy outlook and China’s economy
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The commodity heads towards its first losing week in around two months, weighed by fears over the Fed’s policy outlook and China’s economy
The UK index heads towards a losing week and is in risk of new 2023 lows, as the latest inflation and employment reports keep the central bank on its tightening path
Today’s CPI data from Japan came in mixed, but showed that inflation remains elevated and the pair slides after its 2023 highs, hovering around last year’s intervention levels
This week’s data from the UK showed that headline inflation eased further in July, but remains far from target and that wages increased further, keeping pressure on BoE for further monetary tightening
The US index is having a bad month and dropped into the daily Ichimokou Cloud yesterday, as strong data and the Fed minutes keep the door open to further monetary tightening, but reacts today
The Aussie falls to new lows for the year today, weighed by the increase in Australian unemployment, which can help the central bank stay on the sidelines again
China’s stock markets are weighed by renewed fears around the property market, after Country Garden’s profit warning, as recent data point to frail recovery of the world’s second largest economy
Watch today’s US Open for insights on the CPI inflation update form the US, China’s deflation, Disney’s stock outlook after the mixed quarterly results and more
The entertainment giant is having a rough patch and Wednesday’s quarterly results provided reasons for concern, but there were also promising signs
The off-road electric vehicle startup has been turning the corner after an adverse 2022 and today’s results were encouraging, since losses narrowed and the production target was moved higher
China’s consumer inflation fell to negative territory as today’s data showed, but Copper rises on hopes for further stimulus by authorities
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