Another day, another set of COVID restrictions headlines incoming from China.
Later on we'll get PPI and CPI data from China:
Whats on the economic calendar in Asia - Wednesday, 9 November 2022 - China inflation data
Another day, another set of COVID restrictions headlines incoming from China.
Later on we'll get PPI and CPI data from China:
Whats on the economic calendar in Asia - Wednesday, 9 November 2022 - China inflation data
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Social Security checks rise 2.8% with COLA, averaging $56/month. Payments scheduled Feb 11, 18, 25.
XRP dips 4% but millionaire wallets rise 42! ETFs see $91M inflow, hinting at quiet accumulation despite price weakness.
China issues work plan for accelerating services consumption. Says to strengthen fiscal and financial support in order to boost services consumption.
Eurozone December M3 money supply +2.8% vs +3.0% expected; Prior +3.0%
Trump's Iran threats send oil past $69/bbl. Rial plunges to record lows. Traders eye conflict risk.
Copper surges 7.9% to record $14,125/ton on speculative Chinese trading; risks loom as physical buyers balk.
Gold hits $5.5K+ record, silver $120+, driven by weak dollar & safe-haven demand. RSI signals overbought.
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