USOIL Slides After New Underwhelming Data from China
The commodity slips today, as the latest batch of economic data form the world’s biggest importer of oil, disappointed markets once again
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The commodity slips today, as the latest batch of economic data form the world’s biggest importer of oil, disappointed markets once again
The streaming pioneer releases its latest quarterly results on July 19th and any insights around the progress on password sharing crackdown and the ad-supported tier will be welcome
Watch today’s US Open for insights on the soft US CPI inflation report that brings the US Dollar down, the watershed pause by the central bank of New Zealand and more
The pair extends its gains to new 2023 highs, after both core and headline US CPI eased significantly in June, which weighs on the greenback as it may constrain the Fed’s aggressiveness
The RBNZ kept rates unchanged after twelve consecutive increases, in watershed moment for a central bank that has been at the forefront of monetary tightening
Watch today’s US Open for commentary on UK’s strong wage growth that keeps pressure on the BoE, China’s deflation concerns, key upcoming events and more
The pair extends it 2023 highs as another hot jobs report keeps pressure on the Bank of England for further monetary tightening
Copper prices fall as the string of poor Chinese economic data continued today, with producer prices falling deeper into deflation territory in June, while consumer inflation was non-existent
Ahead of today’s highly anticipated NFPs, Thursday’s ADP report showed a big jump in private payrolls, which sent Wall Street lower and bond yields higher, as it increased chances for two hikes by the Fed
Watch today’s US Open for insights on Meta’s Twitter-rival platform, the Fed minutes that sustained expectation for a hike later in the month and more
Meta Platforms launched today a new text sharing app to compete against Elon Musk’s Twitter, as the rivalry between the two tech moguls has heated up recently, with a cage-match challenge
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