Japan’s exports rose 28.9% yoy to JPY 8189B in September. Exports to China grew 17.1% yoy while shipments to the US increased 45.2% yoy. Imports rose 45.9% yoy to JPY 10913B. However, the surge in Read more…
Australia employment rose 0.9k in September, below expectation of 25.0k. Full-time employment increased by 13.3k while part0time employment contracted -12.4k. Unemployment rate was unchanged at 3.5%, matched expectations. Participation rate was unchanged at 66.6%. Monthly Read more…
Chicago Fed President Charles Evans said yesterday, “inflation is just much too high, and so we need to continue on the path that we’ve been indicating — at least that. And I’m hopeful that that Read more…
St. Louis Fed President James Bullard said yesterday that Fed’s goal is to front-load aggressive rate hikes to move to “some meaningfully restrictive level” that would push inflation down. For November meeting, Bullard said the results Read more…
Minneapolis Fed President Neel Kashkari said yesterday that while headline inflation may have peaked, there is no evidence that core inflation has stopped climbing. So, “I can’t see how I would recommend pausing interest rate Read more…
Key Highlights Bitcoin price is facing a major resistance near $19,400 and $20,000. A major bearish trend line is in place with resistance near $19,400 on the 4-hours chart. A close above $20,000 might start Read more…
The Eurozone CPI was finalized on Wednesday at 9.9% YoY for September, just a tick under double digits and the initial estimate of 10% YoY. However, recall that the August reading was only 9.1% YoY. Read more…
Canadian CPI for September was 6.9% YoY vs and expectation of 6.8% YoY and an August reading of 7%. Although the headline number was higher than expectations, it was the third straight month the inflation Read more…
Gold is down more than 1% on Wednesday and 5.5% in the last two weeks, failing to find any firm buying support after taking off at the end of September. Declining almost daily over the Read more…
The billionaire entrepreneur sees Tesla on top of the corporate world. You never get bored with Elon Musk, people in business circles tend to say. The whimsical and charismatic CEO of Tesla (TSLA) – Get Read more…