Coinbase, banks' earnings, and Australian labor data
What's moving markets on Thursday? Jump in and you'll get the full market wrap!
China September producer prices show the greatest leap in six months
In September, China's producer price inflation suddenly accelerated to a six-month maximum because a construction boom offers no signs of abating as well as a government crackdown on air pollution spurs worries of winter shortages and also wild leaps in commodity prices.
China's firm demand for building materials has provoked a year-long commodities surge which is helping to underpin manufacturing activity as well as inflation around the globe.
The Chinese economy is believed to ascend 7% during the second half of 2017, as the country's major bank governor told, thus defying financial experts’ expectations for a slowdown.
In September, the producer price index rallied 6.9% from 2016, and from August’s outcome of 6.3%, as the National Bureau of Statistics told on Monday.
The revenue - the most impressive since March – actually indicates ongoing resilience in China's economy as well as industrial sector profits. That’s undoubtedly welcome news for Communist Party leaders just two days ahead of a party congress.
Similar
All eyes on US retail sales
US retail sales will be out on Thursday, April 15, at 15:30 MT. It is a significant release for traders as it will impact the US dollar.
NZD will be driven by RBNZ
The Reserve Bank of New Zealand will hold a meeting on Wednesday, April 14, at 05:00 MT.
Latest news
Which companies will publish EPS on April 19-23?
In this article, you'll find the list of the hottest stocks to trade on April 19-23, which will publish their earnings!
Citi: strategic change ahead?
While Citigroup reports better-than-expected quarterly data, it is also aims at restructuring its global presence. What will be the impact?
Markets after US retail sales
What's moving markets on Friday? What is the hottest news? Let's find out!
Deposit with your local payment systems
