Market Overview - Page 91

The balance of payments deficit in the eurozone in September was much smaller than expected at 8.1bn compared to 26.9bn a month earlier and the expected 20.3bn. Such a considerable difference was explained by a fall in the capital outflow.

The Dow Jones index added around 18% to its lows at the start of October and still performing better than the Nasdaq 100 and S&P 500. The index includes 30 large companies with sustainable businesses, which is very important at.

German producer prices lost 4.2% in October; its year-over-year growth rate slowed dramatically by 11.3 percentage points. This is an important and necessary reversal of the inflation trend that Europe’s largest economy has been waiting for. At the same time,.

The Dollar Index has risen since last Tuesday, adding 2.5% to lows at 105.16. Speculators paused selling off the US currency in response to data and comments from Fed officials implying a higher interest rate target. The dollar’s pullback could.

Consumer inflation in Japan accelerated to 3.7% in October, repeating 2014 highs and approaching the peak of 4.2% in late 1990. Excluding fresh food, prices rose by 3.6% y/y, the highest since 1982. At the same time, price growth was.

The number of building permits in the US fell by 2.4% to 1,526K, the lowest since June 2020, and is almost 20% below the peak a year ago. Housing starts fell by 4.2% to 1,425k. During the pandemic, the housing.

WTI oil is trading below $84, near last month’s lows, having failed to experience a buying spurt following the week’s inventory data. While commercial inventories were down 5.4Mln Barrels compared to an expected 2MB decline, oil sales from the Strategic.

According to the latest U.S. Census Bureau estimate, US retail sales rose 1.3% in October. Americans’ purchases rose by 8.4% y/y, although an inflation adjustment (7.7% y/y last month) spoils the impression of a sales boom. On the other hand,.

Silver is testing the $22 per ounce mark today and crossed it briefly yesterday. Although Gold marks the fifth consecutive session of back-to-back gains, Silver may have been one step ahead in this market cycle. In early November, the price.

The UK Consumer Price Index delivered another “positive” surprise, adding 2% for October, above the average forecast of 1.7%. Annual inflation accelerated to 11.1% against 10.1% previously and the forecast 10.7%. Inflationary pressures are much stronger here than in the.

Inflation in the USA continues to slow faster than expected. In October, PPI showed a gain of 0.2% m/m and 8.0% y/y against expectations of 0.4% and 8.3%. Producer prices often leads consumer inflation trends. For example, CPI peaked in.

The British pound is on the offensive, having risen to a three-month high against the dollar thanks to a developing correction in the latter, market stabilisation following the change of government and pro-inflationary news. Jobless claims rose by 3.3K in.