9 March, 2016 by The TZ Newswire Staff Comments Off on China Food Inflation Explodes To 4 Year Highs As Producer Prices Slump For 47th Straight Month
China Food Inflation Explodes To 4 Year Highs As Producer Prices Slump For 47th Straight Month
For the 47th month in a row, China’s Producer Prices have fallen year-over-year – a record deflationary streak. CPI rose 2.3% YoY – the fastest pace since May 2014 (against expectations of a 1.8% rise in consumer prices, and at the upper end of the +1.5% to +2.4% range). PPI printed as expected with a 4.9% YoY plunge in producer prices (-4.5% to -5.5% range). However, what is most disturbing – from both a social unrest and economic-stimulus-hope basis, is that Food prices exploded 7.3% YoY – the most in 4 years.
9 March, 2016 by The TZ Newswire Staff Comments Off on Why This Sucker Is Going Down – The Case Of Japan’s Busted Bond Market
Why This Sucker Is Going Down – The Case Of Japan’s Busted Bond Market
Submitted by David Stockman via Contra Corner blog,
The world financial system is booby-trapped with unprecedented anomalies, deformations and contradictions. It’s not remotely stable or safe at any speed, and most certainly not at the rate at which today’s robo-machines and fast money traders pivot, whirl, reverse and retrace.
9 March, 2016 by The TZ Newswire Staff Comments Off on Why This Sucker Is Going Down – The Case Of Japan’s Busted Bond Market
Why This Sucker Is Going Down – The Case Of Japan’s Busted Bond Market
Submitted by David Stockman via Contra Corner blog,
The world financial system is booby-trapped with unprecedented anomalies, deformations and contradictions. It’s not remotely stable or safe at any speed, and most certainly not at the rate at which today’s robo-machines and fast money traders pivot, whirl, reverse and retrace.
9 March, 2016 by The TZ Newswire Staff Comments Off on Chevron and Blue Buffalo Pet Products Inc. Soar as Stocks Rise
Chevron and Blue Buffalo Pet Products Inc. Soar as Stocks Rise
Indexes marked an important milestone today.
9 March, 2016 by The TZ Newswire Staff Comments Off on Vege shortage pushes China inflation to 6-month high
Vege shortage pushes China inflation to 6-month high
Chinese consumer prices accelerated to a six-month high in February as seasonal distortions caused food prices to spike.
9 March, 2016 by The TZ Newswire Staff Comments Off on China: February CPI 2.3% y/y (expected 1.8%) & PPI -4.9% y/y (expected -4.9%)
China: February CPI 2.3% y/y (expected 1.8%) & PPI -4.9% y/y (expected -4.9%)
China inflation data for February
– CPI 2.3% y/y, vs. expected 1.8%, prior was 1.8%
– PPI -4.9% y/y, vs. expected -4.9%, prior was -5.3%.
Much higher CPI than expected, fastest increase since July of 2014, but the CPI is still below the government’s 3% target
9 March, 2016 by The TZ Newswire Staff Comments Off on China: February CPI 2.3% y/y (expected 1.8%) & PPI -4.9% y/y (expected -4.9%)
China: February CPI 2.3% y/y (expected 1.8%) & PPI -4.9% y/y (expected -4.9%)
China inflation data for February
– CPI 2.3% y/y, vs. expected 1.8%, prior was 1.8%
– PPI -4.9% y/y, vs. expected -4.9%, prior was -5.3%.
Much higher CPI than expected, fastest increase since July of 2014, but the CPI is still below the government’s 3% target