expected

Consumer price inflation data from China for February 2024 shows an exit from deflation CPI +0.7% y/yexpected +0.3%, prior -0.8% (that -0.8% in January was the sharpest the steepest fall in more than 14 years) for the m/m, comes in at…

Costco (COST) once again bulked up its earnings as it reported fiscal 2024 Q2 results.The wholesale club posted adjusted earnings per share (EPS) of $3.92, soundly beating estimates of $3.62. Revenue came in at $58.44 billion, up 5.7% year…

Prior was 49.1Details:Prices paid 52.5 vs 52.9 priorEmployment 45.9 vs 47.1 priorNew orders 49.2 vs 52.5 priorInventories 45.3 vs 46.2 priorProduction 48.4 vs 50.4 priorThis is a big surprise, especially after a strong S&P…

A Reuters poll of property analysts sees a 5% rise in Aussie prices this year and another 5% in 2025.The resilience of the Australian housing market has been a marvel. After a 25% gain during the pandemic, prices fell 9% from the peak only…

A private lunar lander is expected to cease operations Tuesday, its mission cut short after landing sideways near the south pole of the moon. Intuitive Machines, the Houston company that built and flew the spacecraft, said Monday it will…

© Reuters. Mainland Chinese tourists walk in front of the skyline of buildings at Tsim Sha Tsui, in Hong Kong, China May 2, 2023. REUTERS/Tyrone Siu SHANGHAI/SINGAPORE (Reuters) -China cut the benchmark reference rate for mortgages at…

ICYMI:PBOC leaves MLF rate unchanged at 2.5%, as expectedTourism revenues in China during the Lunar New Year holidays +47.3% y/y, above pre-Covid--People's Bank of China USD/CNY reference rate is due around 0115 GMT.The People's Bank of…

China's central bank, the People's Bank of China, left its Medium-term Lending Facility (MLF) rate unchanged at 2.5% on Sunday. Surveys had shown around two thirds of analysts had expected the rate to be unchanged, others expecting a small…

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange,…

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange,…