China CPI
Investors Believe that Today’s U.S. CPI Report Will Show a Lower Inflation Rate
May 11, 2022
Ahead of April CPI figures due at 12:30 GMT (08:30 EDT), U.S. stock futures are pointing to a rise of 1.0% or more. Analysts are predicting that on-year inflation will be closer to 8.0% than March’s 483-month high of 8.5%. It is an act of faith based in part on base effects as high month-on-month […] More
Signs Emerging that Inflationary Momentum May Be Flattening
June 9, 2021
Consumer prices in China recorded their third month-on-month drop in a row, slipping 0.2% in May after declines of 0.3% in April and 0.2% in March. That didn’t prevent another acceleration of on-year CPI inflation, which advanced to an 8-month high of 1.3%. Moreover, price pressure at the producer level rose sharply again from 6.8% […] More
Somewhat Firmer Dollar as Long-Term U.S. Treasury Yields Rise Anew
March 10, 2021
The dollar is trading 0.2% higher on a trade-weighted basis and versus the yen and Australian dollar. The greenback also shows a gain of 0.3% relative to the Swiss franc and 0.1% against the euro, loonie, kiwi, and yuan. U.S. stock futures are narrowly mixed, and Japan’s Nikkei closed unchanged. Continental European stocks are higher, […] More
Dollar Weakens Pretty Much Across the board
December 9, 2015
Share prices in Asia and Europe are mostly lower, but a 0.4% uptick in China’s market is an exception. Stocks fell 1.3% in India and Indonesia, 1.0% in Japan, 1.4% in Taiwan and 0.6% in New Zealand and Australia. Equities in Europe have so far lost 3.8% in Greece, 1.1% in France, 1.0% in Switzerland, […] More
Waiting for Draghi’s Press Conference and U.S. Retail Sales
January 12, 2012
Equities show overnight gains of 1.4% in Germany and 1.2% in France ahead of the ECB policy announcement and monthly press conference. The dollar is down 0.3% against the euro and 0.5% softer relative to the Swiss franc. The dollar otherwise has dipped 0.2% against the loonie and 0.1% versus sterling, while firming 0.1% against […] More
Now Italy’s in the Cross-Hairs
July 11, 2011
As European Finance Ministers meet, contagion fears have turned to Italy. While estimates released in late April put the third largest Euroland economy’s fiscal deficit-to-GDP at 4.6% in 2010, less than half the relative size the Portuguese, Greek, Irish or Spanish imbalances, Italy’s massive debt-to-GDP ratio climbed from 103.6% in 2007 to 119.0% in 2010. […] More
China Releases Data and Raises Reserve Requirements to Record High
June 14, 2011
Stocks recovered as China’s monthly data were near expectations and did not point to excessive slowdown. Equities advanced 1.5% in China, 1.9% in Thailand, 1.4% in South Korea, and 1.1% in Japan. European stocks followed Asia’s upbeat cue in spite of ongoing concerns about Greece. S&P downgraded the Greek sovereign debt rating by three steps […] More
