A sharp rise in US CPI is all but certain, with March inflation expected to accelerate from 2.4% yoy to 3.4% yoy on the back of a oil-driven energy shock. But markets are already looking Read more…
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Why we love this deal For meeting your day-to-day goals, optimizing Read more…
China’s producer prices rose from -0.9% yoy to 0.5% yoy in March, marking the first positive reading since September 2022 and ending a prolonged period of factory-gate deflation. The rebound was driven largely by energy-linked Read more…
Bank of Japan Deputy Governor Ryozo Himino said Japan is not currently facing stagflation, noting that inflation is moving around the 2% target while the economy continues to grow above potential. His remarks reinforce the Read more…
Japan’s producer prices picked up pace in March, with PPI rising from 2.1% yoy to 2.6% yoy, above expectations of 2.3% yoy. On a monthly basis, prices increased 0.8% following a revised 0.1% gain in Read more…
New Zealand’s BusinessNZ Performance of Manufacturing Index eased from 54.8 to 53.2 in March, signaling that manufacturing activity remains in expansion but at a slower pace. The details showed some loss of momentum, with production Read more…
Key Highlights USD/JPY started a decent upward wave above 158.50. It faces key hurdles near 159.20 and 159.50 on the 4-hour chart. EUR/USD could extend gains if it settles above the 1.1720 resistance. Gold could Read more…
Forecasts are an assessment of the most likely outcome, not the preferred one. The ceasefire announcement was welcome, but whether it holds is highly uncertain. The economy does not care about your feelings, so forecasts Read more…
Key insights from the week that was. Ahead of the worst of the current conflict, the ABS’ household spending indicator gained 0.3% in February, in line with January’s result and the trend pace of the Read more…
The US Dollar Index (DXY) is at a critical technical crossroads as CPI spike looms Markets are bracing for a massive 1.0% surge in March Headline CPI While the Headline CPI is forecasted to hit Read more…