China Industrial Profits Fall 1.7% in July Beating Estimates; Hang Seng Index Dips

Approach to economists Natics Asia Pacific Chief Economist Alicia Garcia Herero recently commented: “China can reach its 2025 development target, but with even more stimulation and the second half will be difficult. All, while the Chinese economy is more likely to meet the government’s development target, there are significant uncertainty below the road. Despite moving…

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US CPI Holds Steady as Energy Prices Decline

Energy prices pull back rapidly Energy prices fell by 1.1% in July, which gives relief to headline inflation. Gasoline prices declined by 2.2%, leading to their 9.5% annual decline. Natural gas fell 0.9%, while the electricity decreased by 0.1% in a month, but is 5.5% more year-on-year. Energy weakness compensates for firmness to other CPI…

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Productivity Surges, Jobless Claims Climb: Traders Eye Fed as Labor Costs Ease, Manufacturing Leads

Nonform productivity increases by 2.4% because output profitable labor hours In the second quarter, US Nonform Business Labor Productivity Rose 2.4% quarterly-by-spectacle, operated by an increase of 3.7% in production against an increase of 1.3% in working hours. This productivity acceleration follows the downward decline of 1.8% in the acceleration Q1 and provides rapid signal…

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gift a book More Than a Motorcycle: The Royal Enfield Bullet Story