The Star Bulletin - Daily News Updates

Stock

US Inflation Cools But Data Provides Mixed Bag For Markets

US Inflation Cools But Data Provides Mixed Bag For Markets

US Inflation Cools But Data Provides Mixed Bag For Markets. US consumer inflation data showed prices softening in December. Greg Bonnell speaks with David Sekera, the Chief US Market Strategist at Morningstar Research, about what the most recent CPI figures might mean for the markets in 2023. Transcript Inflation has been the main topic for investors for a while. This latest study on US consumer costs shows that prices are slowly easing. What does this mean for markets this year? Join us today for more, David Sekera, Chief US Market Strategist for Morningstar Research. David Thanks for having David on…
Read More
We are still waiting for key US inflation data Thursday

We are still waiting for key US inflation data Thursday

We are still waiting for key US inflation data Thursday. EU equity is slightly higher while markets await US Dec CPI on Thursday. The MoM estimates for the last month have been revised lower. ECB's Villeroy and Holzmann make hawkish comments about further rate increases, but Villeroy is optimistic about growth by stating that France will not suffer a hard landing. - China's economic reopening is a major catalyst for oil and metals to rise. Due to milder weather than expected, European Nat Gas is lower. Asia closed mixed, with Nikkei225 outperforming the market at +1.0%. EU indices are +0.2-0.8%.…
Read More
2022 US Auto sales fall to a decade low

2022 US Auto sales fall to a decade low

2022 US Auto sales fall to a decade low. Due to tight inventories and severe supply chain problems, light vehicle sales in the United States fell to their lowest level since 2012. According to Automotive News, 13.4 million light-vehicle units were sold in the United States in 2022. This data includes all automakers that have reported their sales data to date, except for a few such as Mercedes-Benz, Porsche, and Jaguar Land Rover, which are expected to report later this week. The U.S. light vehicle sales were 14.9 million units in 2021. The seasonally adjusted annual rates (SAARs) for December…
Read More
No widgets found. Go to Widget page and add the widget in Offcanvas Sidebar Widget Area.