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The Worst Banking Data On Chinese Record
Video By:
Jeffrey P. Snider
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Tuesday, May 14, 2024 5:30 AM EDT
China's total credit in April actually fell for only the third time and by the most ever.
Cooling UK Jobs Market Bolsters Chances Of Near-Term Rate Cut
Article By:
ING Economics
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Tuesday, May 14, 2024 5:05 AM EDT
Whether it’s falling vacancies or slower private sector wage growth, there’s plenty of evidence that the UK jobs market is cooling
U.K. Market Commentary - Tuesday, May 14
Article By:
James Harte
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Tuesday, May 14, 2024 5:00 AM EDT
The rally in GBPUSD has been capped for now into a test of the bear trend line and the 1.2612 level resistance.
FX Daily: Slow Disinflation, Low Volatility
Article By:
ING Economics
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Tuesday, May 14, 2024 3:42 AM EDT
Today’s PPI and tomorrow’s CPI figures will tell us whether the US has made further steps in the disinflation process, or if prices remain too sticky for the Federal Reserve to cut.
Embracing Market Dynamics As Inflation Data Looms
Article By:
Andrew Rocco
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Tuesday, May 14, 2024 2:30 AM EDT
As investors wait for key economic events, they are bracing for short-term volatility. While the data points to volatility in the short-term, the intermediate/long-term picture appears to be bullish.
Gold Price Gains Ground Ahead Of US PPI Data, Fed’s Powell Speech
Article By:
Lallalit Srijandorn
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Tuesday, May 14, 2024 1:50 AM EDT
The gold price (XAU/USD) rebounds despite the consolidation of the US Dollar (USD) on Tuesday. The upside of yellow metal might be limited as traders might wait on the sidelines ahead of key US inflation data this week.
Dow Streak Ends; Inflation Data & Q1 Earnings Ahead
Article By:
Mark Vickery
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Monday, May 13, 2024 11:50 PM EDT
The Dow finally broke its 8-day winning streak today. In truth, this run didn’t seem so much like a breakaway to a higher orbit and more of a re-establishing levels given up during a dip mid-April.
