US Treasury yields soared across the curve yesterday following the inflation print. The 2Y yield jumped 15bp and the 10Y yield was up over 10bp. USCPIcame at 3.5% YoY, higher than the expected 3.4% and much higher than February's 3.2% reading. Core CPI came at 3.8%, higher than the ...
On the other hand, there may also be limited room for supply improvement. The current round of the Global Supply Chain Pressure Index (GSCPI) and PPI led the US PCE inflation rate by about 6 months and 3 months, respectively, year over year. At present, the two major forward-looking in...
February 20, 2024 Kristina Hooper Chief Global Market Strategist Key takeaways Inflation Both US Consumer Price Index and US Producer Price Index data for January were hotter than expected, but it was no cause for concern, in my opinion. ...
265.73 an ounce on Monday, up 1.6% from Thursday’s close, after setting a series of peaks in recent sessions. A host of other drivers have helped push up the metal by around 14% since the middle of February, including elevated tensions in the Middle ...
Additionally, the Producer Price Index for November showed stronger-than-expected inflation from producers, with headline PPI rising 3% year-over-year, up from 2.4%, and core PPI rising 3.4% YoY, above estimates. This mixed economic picture left the US Dollar Index at 106.79, up 15% but una...
Citizens are shopping at a supermarket in Nanjing, East China's Jiangsu province, on March 9, 2024. Costfoto | Nurphoto | Getty Images China's consumer price indexrose just 0.1% year on year in March, down from a 0.7% rise in February and lower than the 0.4% expected by economists pol...
(CPI fell by 0.2% in January 2023) makes for a difficult comparison, but the ECB sees the same thing market participants do: CPI rose at an annualized rate of more than 9% in February-April 2023, and as this drops out, the eurozone's inflation will likely fall sharply. ...
The US 10-year Treasury yield rose 3.80 basis points to 4.290% on the same day.The translation is provided by third-party software. The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure ...
Switzerland Very little on the calendar next week, with PPI the only notable highlight. China A key week ahead with a string of important economic data releases as well as a decision on the PBoC interest rate. First up on Monday, we will have the release of several credit conditions data...
Before the bell (US Open) 2024 Nov29 盘前最重要的五件事 US equity futures are gaining with the S&P 500 on course for its strongest month since February, while Chinese stocks rallied with traders hoping for greater economic support at a key policy meeting in December....