On Friday, the market was buzzing with the publication of data on the American labor market. The results were mixed. Stock indices ended the day in negative territory and the Nasdaq Composite lost 1,2%.
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SEPTEMBER 12, 2023
US wholesale inflation rose 2,2% in September - the largest YoY increase since April
U.S. wholesale prices rose last month at the fastest pace since April, suggesting inflationary pressures persist despite a year and a half of higher interest rates. The Department of Labor reported [...]
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June 20 2023
Problems of the Chinese economy. China's main interest rate is at an all-time low
China's annual interest rate, which serves as the benchmark for corporate loans, was lowered from 3,65% to 3,55%, while the five-year rate, which is used to price mortgage loans, was [...]
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26 May 2023
NFP on the horizon next week. What will the Fed decide?
The key economic event to watch this week is the release of the US employment report for May on Friday. A closely watched non-farm employment (NFP) data will provide insight into the strength [...]