Copper Rises Despite China’s Deflation
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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China’s consumer inflation fell to negative territory as today’s data showed, but Copper rises on hopes for further stimulus by authorities
Consumer inflation fell to negative territory in July, for the first time in more than two years, aggravating fears over the recovery of the world’s second largest economy
Watch today’s US Open for insights on China’s poor trade data, Apple’s disappointing results, key upcoming releases and more
Paramount reported somewhat mixed results overnight, a week after Warner Bros.Discovery, which runs high on the box office success of Barbie
The iPhone maker reported results for the quarter ended July 1 (Q3 FY2023) that largely disappointed markets and sent the stock to steep fall on Friday, which is now in a precarious position
The UK index dropped in the aftermath of the Bank of England further tightening, but finds support today as the rate hike was of just 25 basis points
The latest US jobs showed further signs of cooling and sent the pair higher, but today it is facing renewed headwinds, following some hawkish remarks by Fed officials
After the latest round of monetary policy decisions, uncertainty is prevalent, as most central banks have kept all options in play in regards to their next steps
The tech giant reported its highest net income in over a year, boosted by cost saving efforts, while offering upbeat revenue guidance, helped by strong Prime Day sales
Watch today’s US Open for insights on the rate hike by the Bank of England and the impact on GBP/USD, the US downgrade by Fitch that weighs on Wall Street and more
After its previous outsized move, the BoE opted for a smaller 0.25% hike today, but the 3-way vote split and the typically absent forward guidance, sustain the uncertainty around the outlook
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