10 min listen
US labour market cools whilst China’s inflation remains muted
US labour market cools whilst China’s inflation remains muted
ratings:
Length:
9 minutes
Released:
Apr 11, 2023
Format:
Podcast episode
Description
Non-farm payroll data out of the US on Friday saw hiring growth moderating and wage rises easing. In China, data published today revealed muted inflation as the consumer price index rose just 0.7% year on year in March, weaker than the 1% forecast. Investors are now watching out for US CPI figures (Wednesday) and PPI data (Thursday) for signs of whether or not the Fed is about to pause or even end its hiking cycle. Mensur Pocinci, Head of Technical Analysis, provides his latest thoughts from a technical perspective.00:14 Introduction by Helen Freer (Investment Writing)00:47 Markets wrap-up by Bernadette Anderko (Investment Writing)05:24 Technical analysis update by Mensur Pocinci (Head of Technical Analysis)07:58 Closing remarks by Helen Freer (Investment Writing)
Released:
Apr 11, 2023
Format:
Podcast episode
Titles in the series (100)
Inflation top of mind again: While US markets were closed due to Independence Day, European markets, especially in the UK and Switzerland, staged a rally yesterday, driven by dip buyers. Today, it is all about inflation data with markets again being surprised by higher than expected by Moving Markets: Daily News