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The Truth About US Inflation: Looking at the CPI Report and What Comes Next
June's CPI report shows that inflation has fallen from its high of 9.1% one year ago to a level closer to the Fed’s 2% target. We’ll dive into the consumer price index’s fine print and explain the report’s most meaningful numbers.
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- From bnnbloomberg.ca|Jul 12, 2023
Texas electricity use jumped to an all-time high again as temperatures soar, but solar and wind power are keeping the lights on. Power demand rose to about 81.4 gigawatts at 4:55 ...
- From oilprice.com|Jul 12, 2023
When Saudi Arabia announced at the June OPEC meeting that it will reduce its oil production by 1 million barrels daily, traders basically brushed it off. When it announced it ...
- From youtube.com/cnbctelevision|Jul 12, 2023
Lorenzo Simonelli, Baker Hughes CEO, joins 'Closing Bell Overtime' to talk the oil market, natural gas, A.I. and more.
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- From energyintel.com|Jul 12, 2023
The price of global crude benchmark Brent breached $80 per barrel on Wednesday amid a rapid shift in sentiment and emerging signs of tightness in the physical crude market. In ...
- From mofa.go.jp|Jul 12, 2023
Mr. Kishida Fumio, Prime Minister of Japan, who was visiting Vilnius, Lithuania to attend the NATO Summit held a Japan-Australia-New Zealand-ROK Leaders’ Meeting with the Hon. ...
- From forexlive.com|Jul 12, 2023
Ahead of the June trade figures the Customs Bureau have released January - June collated data, in CNY terms: • Exports +3.7% y/y. • Imports -0.1% y/y. • A CNY 2.82 tln surplus. Customs says: Sluggish global economic growth, slowing global trade and investment, geopolitical risks and weakening external demand continue to impact China's trade Still to come are the June month numbers, scheduled at 0300 GMT, which is 11pm US Eastern time. This time its a ballpark though, the actual release time does vary. table post at 10:33pm: #China's bilateral foreign #trade with #US reached 2.25 tn yuan in first half, sliding 8.4% y/y, accounting for 11.2% of China's total trade - customs administration https://t.co/haGgRmRP6L https://t.co/BaVLglnCI4 post at 10:09pm: CHINA CUSTOMS: SLUGGISH GLOBAL ECONOMIC DEVELOPMENT, DECREASING GLOBAL TRADE AND INVESTMENT, GEOPOLITICAL UNCERTAINTIES, AND DECLINING EXTERNAL DEMAND CONTINUE TO HAVE AN INFLUENCE ON CHINA'S TRADE. post at 10:21pm: CHINA CUSTOMS: CHINA IS CONFIDENT IT CAN CONSOLIDATE ITS MARKET SHARE IN GLOBAL TRADE THIS YEAR
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- Posted: Jul 12, 2023 8:54pm
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 4,999
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