Source: US Bureau of Labor Statistics US producer price inflation accelerated further in September, the biggest increase since data collection over a decade ago. The Producer Price Index for final demand increased by 8.6%, marking the largest advance since annual growth was first collected in November 2010.The latest reading compares with the 8.3% recorded in August and … [Read more...] about US Producer Price Inflation Hits Series High in September
American Jobless Claims Down for Second Straight Week to New Pandemic-Low
Source: Department of Labor US unemployment claims fell for the second straight week to mark the lowest level since the COVID-19 pandemic hit. DXY is down 0.13%, while Gold is up 0.34%. Seasonally adjusted initial claims for the week ending October 9 fell by 36,000 to 293,000. This is the lowest level since March 14, 2020’s 256,000.The previous week’s level was revised … [Read more...] about American Jobless Claims Down for Second Straight Week to New Pandemic-Low
China’s Factory Gate Inflation Reaches Record High in September
Source: National Bureau of Statistics of China China’s factory gate inflation in September increased to a record on rising commodity prices, but weak demand slowed down consumer inflation, demanding caution from policymakers. CSI 300 Index down -0.54%, CNY USD down -0.12% The producer price index (PPI) jumped 10.7% from a year earlier in September, the biggest increase … [Read more...] about China’s Factory Gate Inflation Reaches Record High in September
Velocity Finder Neural Trader Review
Velocity Finder Neural Trader promises a unique indicator that differs from other similar systems in the market. It uses an exclusive analysis and powerful logic to get better results. The vendor guarantees accurate buy/sell info derived from the best FX trading approaches. With the system being automated, the data processing capacity is very large, as per the … [Read more...] about Velocity Finder Neural Trader Review
US Inflation Returns to 13-Year High in September
Source: US Bureau of Labor Statistics Inflation in the United States posted a slight acceleration in September to match the 13-year high recorded in the previous months, due to higher prices of food and shelter. The Consumer Price Index (CPI) grew 0.4% in September from 0.3% in August, while annual inflation clocked in at 5.4%.The annual inflation follows the 5.3% in … [Read more...] about US Inflation Returns to 13-Year High in September
