China’s CPI reflected a modest improvement in December, rising from -0.5% yoy to -0.3% yoy, slightly better than the expected -0.4% yoy. Despite this improvement, December marks the third consecutive month of negative CPI readings, indicating ongoing deflationary pressures in the Chinese economy. The month-on-month CPI also saw a shift, registering 0.1% increase compared to […]
The post China’s CPI improved to -0.3%, deflation persists for the 3rd month appeared first on Action Forex.
Kevin Warsh’s journey to be the next chair of the Federal Reserve — shadowed by President Donald Trump’s fervent wish for lower interest rates — now faces new legal and political roadblocks. The result: Fed Read more…
President Trump and his administration argue every day that the U.S.-Israel campaign against Iran is succeeding, and succeeding every way possible. Except in the markets and at gas pumps across the United States where motorists Read more…
Ed Yardeni foresees gold having a long runway ahead. Despite the recent sluggishness, the veteran strategist believes the shiny yellow metal has the potential to reach $6,000 an ounce by the end of 2026 (a Read more…