India WPI
Continuing Focus Upon Inflation Data
March 14, 2024
Several price data were released this Thursday even before the highly awaited U.S. PPI report. The monthly increase of Spanish consumer prices in February got revised higher to 0.4% from 0.3% reported initially, by year-on-year CPI inflation remained unchanged at a 6-month low of 2.8%. Spanish inflation peaked in July 2022 at 10.8%. Irish CPI […] More
Another Upward Push in Long-Term Interest Rates Amid Geopolitical Risks and Stubborn Inflation
October 16, 2023
Diplomatic efforts to prevent a widening Mideast war hasn’t ended Israel’s retaliatory siege of the Gaza Strip. Clashes with Hezbollah to the North and Syria to the East have escalated. Iranian saber-rattling has picked up. In other political news over the weekend, New Zealand’s Labor Party government has been defeated by the moderately conservative National […] More
Revolting Developments but the Dollar Rally Plays On and Central Bankers Scramble to Catch Up
July 14, 2022
Not for the first time this year, JP Morgan CEO Jamie Dimon’s candid remarks about a deteriorating global economic outlook has fanned investors’ flight to safety. The litany of problems includes soaring inflation, tighter monetary policies, Russia’s relentless destruction of Ukrainian infrastructure, other geopolitical tensions, and weakening business and consumer confidence. He could have added […] More