Hindi news to keep to aware
Final demand food prices increased by 1.7%, leading to an egg prices by 53.6%. Other items including pork, vegetables and tobacco products also saw high costs. However, energy prices fell 1.2%, with gasoline prices fell 4.7%. Except for food and energy, the final demand goods increased by 0.4%. In favor of the services, wholesale and…
The import of US crude oil declined by 343,000 BPD, an average of 5.5 million BPD. In the last four weeks, the import of American crude oil was 5.8 million BPD on an average. The Strategic Petroleum Reserve rose from 395.3 million barrels to 395.6 million barrels as the US resumed the purchase of oil…
The report exceeded the analyst’s expectations and showed that the job market remained in decent shape.
Beijing’s incentive measures aim to promote domestic consumption, China as a major market for American vehicle manufacturers, especially if the US enters a recession. The US Auto Sector contributes 3-5% to the US GDP and directly or indirectly employs about 5 million workers. On 9 March, the Coby letter exposed the dark clouds for the…
Today, traders also had a chance to take a look at the final reading of the S&P Global Services PMI report for February. The report has revealed that S&P Global Services PMI declined from 52.9 in January to 51 in February to 51 compared to analyzer forecast of 49.7. S&P Global Composite PMI declined from…
China’s exports are slow, imports are 8.4%decrease -concerns on weak demand in the form of American tariff loom. Will the stimulation of Beijing offset the effect?
Meanwhile, the private sector showed flexibility, with the healthcare major employment benefits. The region added 52,000 jobs, maintaining its strong pace for the last one year. Financial activities were also expanded, 21,000 posts were added, while transport and warehousing saw an increase in 18,000-numer. However, the job growth in social aid increased to 11,000, below…
Natural gas markets pull back as traders reacted to the EIA report.
Is Beijing concerned about a full-US-China trade war? China’s economic axis towards domestic consumption was mentioned in the 14th Five Year Plan (2021-2025). The focus is also expected to continue the focus even while expanding the upcoming 15th Five Year Plan into AI. In particular, economists hope that American tariffs will have limited impact on…
Is the consumer weakness killing the target sales? The soft outlook of the target aligns with recent figures, which shows a sharp pullback in consumer spending in January and the most declines in consumer confidence since 2021. While in the first trimester, usually slows down due to post -holiday expenses, the update of the target…
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Merchants reacted to the EIA report and the prices of natural gas went up.
In particular, the manufacturing sector expanded after a brief contract in January, the first contraction after Q3 2024. Manufacturing recovery and industry trends CN Wire highlighted major trends in February PMI data: The manufacturing sector saw the expansion of demand and production after a January contraction. Industries reporting PMI above 54.0 included non-Father metal smelting…
However, improving household incomes and labor market conditions remains critical for sustaining consumer confidence. China’s consumer confidence index rose slightly from 86.2 in November to 86.4 in December, hovering just above the November 2022 record low of 85.5. Recent government pledges could support a shift in sentiment and spending appetite. On February 10, Beijing announced…
Subscribe To Notifications Important DisclaimersThe content provided on the website includes general news and publications, our personal analysis and opinions, and contents provided by third parties, which are intended for educational and research purposes only. It does not constitute, and should not be read as, any recommendation or advice to take any action whatsoever, including…