Tag: Economic trends
China’s Consumer Inflation Turns Negative After 13 Months
China's Consumer Inflation Takes a Negative Turn After 13 MonthsChina's economic landscape experienced a significant shift in February as the national consumer price index...
UK Inflation Surges to 3% in January
In a bustling corner of London, Borough Market stands as a testament to the city's rich history and vibrant culture. This iconic retail food...
Record Low Three-Year Inflation Outlook in New York Fed Consumer Survey
Consumers in New York City are feeling more optimistic about inflation, according to a recent report from the New York Federal Reserve. While they...
Seizing Opportunities: Teekay Tankers Thriving in Favorable Market Conditions
Teekay Tankers Ltd. recently released its Q2 2024 earnings report, which fell below analysts' expectations, causing a 12% decrease in the stock price over...
Understanding the Impact of Global Macro Flows on Recent Oil Price Trends
Energy markets are currently experiencing a situation where the rise in oil prices is not reflecting a significant increase in supply risk premia, according...
Hugo Boss Stock Drops 9% After Cutting 2024 Guidance Due to China Demand Decline
Hugo Boss, the German luxury fashion house, saw its stock drop by 9% after revising its sales guidance for 2024 due to a decline...
Eco Data Calendar 7/16/24 – Action Forex
The Eco Data Calendar for July 16, 2024, provides a snapshot of various economic indicators from around the world. Here are some key events...
June CPI Preview: Anticipated Payback for May with Continued Downward Trend
Consumer price inflation likely increased slightly in June compared to May but continued to follow a downward trend overall. It is estimated that the...
UK Pound Sterling Strengthens Amid Softening US Wage Growth and UK Labour Majority Hold
The Pound Sterling has shown remarkable strength in the currency market, especially after the recent UK parliamentary elections where Keir Starmer's Labour Party secured...
Crude Oil Resilience: TDS Analysis and Outlook
Crude Oil has shown its resilience once again, with inventory draws providing some support to the market, according to TDS strategists. Despite this strength,...