Biden and McCarthy are divided on US debt

Note: This section contains information in English only.
Source: Dukascopy Bank SA
After the first meeting of US President Joe Biden and US House of Representatives Speaker Kevin McCarthy, the two parties have concluded that they are in a deadlock in regards to the US sovereign debt.
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Wed, 10 May 2023 12:33:09 GMT

United States publish inflation data

The United States Bureau of Labor Statistics has just published the monthly inflation data sets. US Consumer Price index m/m was forecast to have increased 0.4%. The actual number hit the forecast. Consumer Price Index y/y was forecast to have increased 5.0%. The actual number is 4.9%. Core Consumer Price Index m/m was forecast to have increased 0.3%. Core inflation

Wed, 10 May 2023 14:30:31 GMT

Chinese data decrease economic expectations

Decreasing imports and exports in and out of China have prompted economists to expect that the government stimulus programs might not provide the previously forecast impact.

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