Last year’s final quarter featured a record increase in the number of ETF splits. Reverse splits dominated, along with a high volume of leveraged and inverse funds splitting. Schwab and...
Consumer Price Index (CPI) inflation increased by 0.4% in December, which was right in line with expectations. Headline inflation was most affected by the volatile energy category, which increased...
The UK Consumer Price Index (CPI) added 0.3% m/m in December, slightly below the average expectation of 0.4%. Annual inflation eased to 2.5%, having remained mostly in the 2.0-2.5% range for the past...
Bitcoin has recovered from a sharp selloff earlier in the week, rising from around 89000 to nearly 98500 post CPI. ETF flow data shows three consecutive days of net outflows for Bitcoin as the...
US PPI figures raise hopes of a downside surprise in CPI data. Dollar on the back foot, yen soars as BoJ rate hike bets gather pace. Pound whipsaws on surprise cooldown in UK inflation. Stocks...
Key Statistics: Source: Bureau of Labor Statistics, US Department of Labor Release Period: December 2024 Last Release Date: December 11, 2024, Actual: 2.7% vs Forecast: 2.7%. Previous:...
Gold Rises on Weaker US Economic Report Gold (XAU/USD) gained 0.53% after the release of cooler-than-expected Producer Price Index (PPI) report. The PPI data weakened the US dollar (USD) and...
US CPI expectations: 2.7% y/y headline inflation, 3.3% y/y core inflation The Fed is likely to remain on hold for the next several months regardless of this month’s CPI reading, with a...
The market continues to price in the chance for a rate cut in 2025, which could be a big mistake. Despite inflation’s fall from the COVID-induced highs, it remains hot and is not cooperating. Even if...
Small business optimism soared for the second straight month, according to the National Federation of Independent Business (NFIB), which has been reporting this data set monthly since 1986. The index...