In April this year consumer prices in Great Britain edged up by 0…
China’s industrial companies show the slowest surge for 7 months
In November, revenues at China's industrial companies ascended at their slowest tempo for seven months because demand as well as producer price leaps relieved in further confirmation of ebbing surge in the world's number two economy.
The lower income actually underscores rather a delicate balancing act for the government as it extends a campaign to reduce the country’s reliance on credit-intensive investment without affecting the national economy.
In November, revenues rallied 14.9% hitting 785.8 billion Yuan, according to the National Bureau of Statistics. It marked the slowest monthly surge rate since April's outcome of 14.0%.
In November, revenues were suppressed by a slower tempo of price surges versus previous months.
Market experts noted that November's sag in producer price inflation to 5.8% from 6.9% in October happened to be one of the biggest in 2017.
More than half of the jump in revenues in Jan-Nov came from washing, coal mining, steel and iron smelting, natural gas and crude extraction, processing.
The US dollar managed to recover after a slight fall. The US dollar index is near $93.80.
It seems like the rally of the greenback has ended. On Monday, the US dollar index was below $93.50. Tuesday’s attempts to recover are not successful. The index is below $93.40. No important economic data will be released today.
America’s on the verge of starting an investigation into whether thermoplastic components utilized in some Japanese as well as German vehicles sold in the country violate its patent laws or not…
On Monday, gold headed south in European trade, making its way toward a three-week minimum after American congressional leaders came to an agreement to fund the government via the fall, thus easing worries as for a shutdown of the federal government…
On Tuesday, crude prices traded weaker because a poll on Chinese manufacturing came in weaker than expected and market participants looked ahead to American inventories on oil as well as refined products to set the overall tone…