Economic News Category

United Kingdom Inflation Rate
November 14, 2022

United Kingdom Inflation Rate The UK GDP revealed that the economy shrank by only 0.2% in 3rd Quarter, which means that a contraction of more than 0.55% may be needed in the last three months of the year for the BoE’s forecast of a 0.75% contraction during H2 2022 to materialize. Yet, investors dragged their

Read more
US Consumer Sentiment and Elections
November 11, 2022

US Consumer Sentiment and Elections Officially which party has won control of the Congress is still not known. The trends and projections, the results are pretty much in line with what was expected. Republicans take control of the House, but by a smaller margin than expected. And control of the Senate is still unknown, and

Read more
How to Profit From US Inflation: Investment Options
November 10, 2022

How to Profit From US Inflation: Investment Options US inflation is expected to soften slightly – as markets have positioned themselves for it to do so. But that also presents opportunities for traders. The inflation prints as a proxy for Fed policy. Another hot report decreases the odds of a slower pace of Fed tightening,

Read more
US CPI Preview CPI to remain elevated
November 9, 2022

US CPI Preview CPI to remain elevated The September headline inflation was 8.2% YoY, higher than expectations of 8.1% YoY, however lower than the August reading of 8.3% YoY. The Core CPI reading was higher than expected at 6.6% YoY vs expectations of 6.5% YoY and an August reading of 6.3% YoY. This was the

Read more
Australian Business and Consumer Sentiment
November 8, 2022

Australian Business and Consumer Sentiment Business reported another strong month of sales and profitability, although a dip in new orders and rising costs weighed on sentiment. Whilst consumer-driven demand remains high, National Australian Bank’s chief economist noted that forms appear wary that the current pace of consumption will continue. PMI survey’s for Australia continue to

Read more