Global U.S PPI On Tuesday, February 15, the U.S. Department of Labor released data showing that the U.S. PPI increased 9.7% year-over-year in January, exceeding market expectations of 9.1% and missing the previous month’s adjusted value of 9.8%. U.S. January core PPI rose 8.3% year-on-year, also higher than market expectations of 7.9%, compared…

Global Inflation expectation low The New York Fed’s Survey of Consumer Expectations found that one-year inflation expectations fell to 5.79% in January from 5.99% the previous month, the lowest since October and the first decline since October 2020, while median inflation expectations for the three-year period fell a stunning 0.52 percentage points to just…

Global FED POMO announcement At 3:00 p.m. EST on Saturday, the Fed released its final POMO (Permanent Open Market Operations) schedule, which will see $20 billion in Treasury purchases through eight open market operations over the next month, with the last $4 billion purchase occurring on March 9, as expected. Following the POMO announcement…

Global U.S CPI On February 10, the U.S. Bureau of Labor Statistics released data showing that the CPI rose 7.5% year-over-year in January, accelerating again, the highest level since March 1982, higher than the expected value of 7.3%, but also higher than the previous value of 7.0%. This is the ninth consecutive month…

Global U.S. Atlanta Fed inflation expectation U.S. Atlanta Fed President Bostic said inflation is expected to start falling and is expected to be at 3% this year. He expects to raise interest rates three to four times this year at a modest 25 basis points each, while saying the scale of the first stage of tapering…

Global U.S Short-Term Energy Outlook The Energy Information Administration (EIA), an agency of the U.S. Department of Energy, released its monthly Short-Term Energy Outlook (STEO) for February, raising the expected prices of both WTI crude oil and Brent crude oil for this year and next, with this year’s expected oil prices both up by more…

Global China’s PMI China’s PMI stood at 51.4 in January, down 1.7 percentage points from the previous month and still above the Ronggu line. The data showed that although service sector activity expanded slightly due to the spread of the epidemic and the corresponding increase in prevention and control measures, the momentum of…

Global China and Russia strengthen strategic energy partnership On the afternoon of February 4, the Chinese and Russian heads of state met offline for the first time in nearly three years. China expressed its willingness to work with Russia to strengthen the strategic energy partnership, steadily promote major oil and gas cooperation projects, strengthen joint innovation and research…

Global Meta shares down Digital advertising giant Meta warned of the impact of hyperinflation and supply chain bottlenecks on advertisers’ budgets, and the weak monetization ability of short-form video products, which users prefer at a time when the meta-universe has yet to be built, plunged 23% after hours, erasing $165 billion in market value…