PPI y/y and m/m declined further. PPI -0.7% m/m, with a -0.6% input prices and producer prices for consumption goods remained at 0%. The weaker PPI numbers are influenced by insufficient market demand and falling prices for certain international commodities, NBS said. Month-on-Month Analysis: PPI dropped by 0.7%, widening the decline by 0.5 percentage points compared to the previous month. The prices of producer goods fell by 1.0%, with a 0.7 percentage point increase i...
On Monday, U.S. stocks and bonds were closed for Labor Day, while European stocks showed mixed results. The pan-European index halted its four-day winning streak, with German stocks rebounding to a record high, driven by a nearly 2% rise in the real estate sector.$CATHAY PAC AIR (00293.HK)$Cathay Pacific reported an issue with engine parts on its Airbus A350 planes, leading to a 6.5% drop in supplier Rolls-Royce shares, marking their biggest decline in over a year, while Airbus fel...
Red Guppy : Bad news.