US Inflation Rate Slows To 3.4% In July
The US Consumer Price Index rose 3.4% year-over-year in July, down from June's 3.5% increase
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China's Consumer Inflation Slows as Producer Prices Climb to Nearly Four-Year High
() -- China's consumer inflation slowed in June, even as producer prices accelerated, reflecting divergent trends across the world's second-largest economy. The headline consumer price index rose 1.0% year over year in June, easing from 1.2% in both April and May and marking the slowest increase in three months, accord
China's Consumer Inflation Slows to 1% in June
() -- China's annual consumer inflation decelerated to 1% in June, according to data from the National Bureau of Statistics (NBS) on Thursday. The reading was softer than the consensus forecast of 1.1% tracked by Investing.com, and compared with the 1.2% pace recorded in the previous month. On a month-over-month basis,
US Trading Hours Summary: May JOLTS openings rise; First half comes to a close
Summary US equity market looked to finish off quarter and month on an up note. Tech did a good portion of the heavy lifting, unwinding some the mega-cap weakness/rotations seen into quarters end. May JOLTS jobs data jumped up towards 7.6M openings pushing up Treasury yields marginally. EU CPI readings were broadly cool
US Trading Hours Summary: May JOLTS openings rise; First half comes to a close
Summary US equity market looked to finish off quarter and month on an up note. Tech did a good portion of the heavy lifting, unwinding some the mega-cap weakness/rotations seen into quarters end. May JOLTS jobs data jumped up towards 7.6M openings pushing up Treasury yields marginally. EU CPI readings were broadly cool
com EU Mid-Market Update: Soft UK growth, hawkish ECB & an incoming UK Defence Plan that is expected to be short of funding; Focus on USD/JPY move
**Notes/Observations** - Month-end data flow was broadly constructive for the eurozone but added to the ECB's policy dilemma. French preliminary June CPI surprised to the downside at 1.8% y/y (vs 2.0%e), bringing headline inflation back to target for the first time in three months, while French consumer spending (+0.5%