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China's consumer inflation scales 3-year high but deflation battle far from over
Consumer inflation hits 34-month high on rising food pricesFull-year CPI lowest since 2009, points to still-weak domestic demandProducer deflation moderates a touch amid government campaign to curb overcapacity BEIJING, Jan 9 (Reuters) - China's annual consumer price inflation accelerated to ...Reuters
Fri, Jan 9
WRAPUP 1-Slower US job growth expected in December; unemployment rate likely dipped
Nonfarm payrolls are forecast increasing 60,000 in DecemberThe unemployment rate is expected to have eased to 4.5% from 4.6%Average hourly earnings are projected to have risen 3.6% from a year agoBy Lucia Mutikani WASHINGTON, Jan 9 (Reuters) - U.S. job growth likely slowed in December amid busine...Reuters
Fri, Jan 9
BREAKINGVIEWS-Venezuelan debt is a bet on high oil prices
By Jon Sindreu LONDON, Jan 9 (Reuters Breakingviews) - Market enthusiasm surrounding Venezuela has swollen after Donald Trump replaced its leader Nicolás Maduro. Yet, even if the country’s efforts to restart oil production were successful and most of its external debt were forgiven, its economy w...Reuters
Fri, Jan 9
China's consumer inflation hits near 3-year high, factory-gate deflation eases
BEIJING, Jan 9 (Reuters) - China's annual consumer price inflation hit a 34-month high in December while producer price deflation moderated, data from the National Bureau of Statistics showed on Friday.The consumer price index (CPI) rose 0.8% from the same month in 2024, matching expectations in...Reuters
Fri, Jan 9
Breaking: China’s CPI inflation picks up to 0.8% YoY in December vs. 0.9% expected
China’s Consumer Price Index (CPI) rose at an annual rate of 0.8% in December after reporting a 0.7% increase in November, the country’s National Bureau of Statistics (NBS) reported on Friday. The market forecast was for a 0.9% growth in the reported period.
Fxstreet
Fri, Jan 9
Moody's analyst says $1.5 trillion Trump defense budget plan could widen deficits
NEW YORK, Jan 8 (Reuters) - U.S. President Donald Trump's proposed increase in defense spending for 2027 is unlikely to be offset by savings or revenues and would have a negative impact on already large U.S. fiscal deficits, said an analyst at Moody's Ratings.Trump said on Wednesday the ...Reuters
Fri, Jan 9
