Market holds steady despite inflation surprise, though it comes at key time for Powell
The higher than expected inflation number for January came during during Fed chairman Jerome Powell's semiannual testimony ...
Metal1d
Industry Imbalance Not Prominent for Now, Limited Downward Space for Steel Prices [SMM Steel Industry Chain Weekly Report]
Industrial Imbalances Are Not Prominent; Limited Downside for Steel Prices This week, the ferrous metals series fluctuated downward. Recently, domestic and international information has been released ...
Metal2d
US CPI Exceeds Expectations, Copper Prices Under Short-Term Pressure [SMM Copper Morning Meeting Summary]
【SMM Copper Morning Brief】News: (1) US January CPI inflation exceeded expectations across the board, supporting the US Fed's cautious stance on interest rate cuts. Data showed that the unadjusted YoY ...
CPI read: Tobacco prices outpace broad inflation as sector tailwinds blow strong
Prices of tobacco and smoking products in the U.S. rose 6.8% in January compared to a year ago on an unadjusted basis.
CPI read: Airfares continue to climb amid strong travel demand, tighter industry capacity
Leisure and business travel demand in general was reported to be strong by airline companies when they issued their Q4 ...