14th October 2024

  • ECB Is Set for Rate Cut It Didn’t Expect to Deliver: Eco Week

Just a month ago, reduction was almost ruled out by officials

Data may show China underperforming; UK inflation also due

https://blinks.bloomberg.com/news/stories/SLAXXNDWRGG0

  • China Leaves Economists Wanting More Action to Defeat Deflation

Finance officials vow to aid housing sector, local governments

Much-anticipated briefing lacks immediate steps to lift demand

https://blinks.bloomberg.com/news/stories/SLBJJ7T0G1KW

  • China Puts Investor Patience to Test as Briefing Underwhelms (1)

MOF’s closely watched briefing on Saturday lacked firepower

Overall sentiment for investors is negative: Chanson & Co.

https://blinks.bloomberg.com/news/stories/SLB8IZT0G1KW

  • US Producer Price Index Unchanged on Decline in Gasoline Costs

PPI flat in September after increasing 0.2% a month earlier

Components that feed into Fed’s favored price gauge were mixed

https://blinks.bloomberg.com/news/stories/SL6Z69T0AFB4

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