Market News

11-08-2023

Michigan Consumer Sentiment Retreats from Annual Peaks.

 Consumers did not observe significant changes in the economic conditions compared to the previous month.

11-08-2023

In July, the US Producer Price Index (PPI) experienced a 0.3% increase. The growth was primarily driven by final demand services.

The U.S. Producer Price Index (PPI) for July showed a 0.3% increase, exceeding the estimated growth of 0.2%. This comes after a s...

11-08-2023

As the core inflation rate declines to 4.7%, the price of gold recovers.

The pullback of the U.S. dollar is giving valuable support to precious metals, as traders speculate on a Federal Reserve that is...

10-08-2023

The Consumer Price Index (CPI) in the United States increased by 3.2% on an annual basis in July, which was lower than initially anticipated.

The significant driver of inflation, accounting for 90% of the increase, was shelter. However, when excluding food and energy, th...

09-08-2023

Following to an EIA report, it has been revealed that the United States has initiated the process of purchasing oil for its reserves.

As traders direct their attention to the new buyer in a tight market, oil prices are testing new highs.

09-08-2023

China's consumer prices rose 0.2%, but weak demand is indicated by the Producer Price Index (PPI).

This morning, inflation figures out of China provided contradictory signals. On one hand, consumer prices rose more than anticipa...

08-08-2023

The trade deficit of the United States in June 2023 experienced a reduction as there was a decrease in imports.

During the month of June 2023, the trade deficit of the United States decreased as there was a greater decline in imports compare...

08-08-2023

The IBD/TIPP Economic Optimism Index has declined to its lowest levels of the year.

According to the report, while fears of a recession have subsided, concerns about inflation have resurfaced.

08-08-2023

China's July exports fell by 14.5%, while imports declined by 12.4%.

Main points

07-08-2023

Eurozone's Sentix Index stabilizes, but Germany faces difficulties.

The Sentix index in the Eurozone has increased by 3.6 points, bringing an end to its previous decline. However, Germany's index h...