Financial News
- Bob Mason
UK Inflation Softens to 3.2% in March: The BoE hawks could postpone rate cut talks after the March numbers beat expectations.
- James Hyerczyk
March Housing Starts Plummet, Indicating Instability – Housing Starts decline sharply by 14.7% to 1.32 million units.
- Bob Mason
Mixed signals from China: Industrial production and retail sales falter, while fixed asset investment and lower unemployment hint at momentum shift.
- Vladimir Zernov
Builder sentiment was unchanged as mortgage rates remained close to 7%.
- James Hyerczyk
Strong retail sales data suggests resilience in consumer spending. Ongoing inflationary pressures warrant cautious outlook.
- Bob Mason
It is an important week for the global financial markets, with data likely to influence near-term central bank monetary policy goals.
- Bob Mason
Investor jitters prevail despite BTC-spot ETF inflows: Market uncertainty looms as the Bitcoin Halving Event draws near.
- Vladimir Zernov
Year-ahead inflation expectations increased from 2.9% to 3.1%.
- James Hyerczyk
JPMorgan’s profit rises 6% to $13.42B, credit loss provisions down 17%, forecasts growth.
- Vladimir Zernov
The EIA report disappoints bulls as natural gas demand stays weak.
- James Hyerczyk
March’s PPI sees modest rise with financial services growth and energy sector’s decline, contrasting with other strong areas.
- Bob Mason
Consumer and producer prices in China signal a weaker demand environment, with March data indicating a downward trend, contrasting with recent PMI surveys.
- Vladimir Zernov
Domestic oil production remained unchanged at 13.1 million bpd despite rising oil prices.
- James Hyerczyk
March’s CPI and core CPI uptick signal extensive inflation, potentially steering stocks bearish and prompting Fed’s rate strategy reassessment.
- Dennis Shen
Japan’s sovereign Outlook was revised to Stable from Negative by Scope Ratings on 22 March due to higher inflation and its positive effects on debt sustainability.
- Bob Mason
German trade surplus contracts in February as exports falter, while imports climb. German industrial production benefits from autos and construction.
- Bob Mason
Beyond the US dollar, the ECB, the Bank of Canada and RBNZ deliver interest rate decisions with economic data from Japan and China also in the spotlight.
- Ibrahim Ajibade
BlackRock has added four more Wall Street firms as authorized participants (APs) for its spot Bitcoin ETF, after increasing its BTC portolio to $18 billion.
- Bob Mason
SEC vs. Ripple and Coinbase remained focal points, while crypto investors prepared for the looming Bitcoin Halving event.
- James Hyerczyk
March’s U.S. job market soars with 303,000 new roles, notably in health care and construction, bolstering economic resilience amid global uncertainty.