China’s Consumer Inflation Rises in August, Driven by Weather-Related Food Price Increases China’s consumer inflation surged in August, reaching its fastest pace in six months. However, the rise was largely driven by higher food costs due to weather disruptions rather than a recovery in domestic demand, as producer price deflation continued to worsen. The slow […]

A Look at the Day Ahead in European and Global Markets by Wayne Cole Asia had a rough start, catching up with Wall Street’s reaction to the U.S. jobs report. Japan’s Nikkei dropped another 1.7%, adding to last week’s nearly 6% decline. However, S&P 500 futures managed to recover from early losses, rising 0.3%, while

The U.S. dollar regained some of its recent losses on Monday, while the Japanese yen scaled back its safe-haven gains. Investors, still uncertain about the extent of an expected Federal Reserve rate cut later this month, shifted focus to this week’s U.S. inflation data for further guidance. In China, data revealed that consumer prices accelerated

Investors should remain vigilant as the Federal Reserve (Fed) increasingly uses media channels to communicate its policy intentions and prepare markets for potential changes in monetary policy. This strategy is becoming crucial for managing market expectations, particularly during times of economic uncertainty. According to analysts at Evercore ISI, the Fed is likely to signal upcoming

Oil futures surged in Asian trading on Monday as a potential hurricane approached the U.S. Gulf Coast, while markets rebounded from a selloff triggered by weaker-than-expected U.S. jobs data on Friday. West Texas Intermediate (WTI) crude futures climbed 72 cents, or 1.06%, to $68.39 per barrel by 0635 GMT, while Brent crude futures increased 71