Friday, 13 October 2023

Telegram.me/AlliesFin #StockMarket #india's Post

*Global bits*

Wall Street falls as Treasury yields rise, investors digest inflation data

Surging rents lift US consumer prices; underlying inflation grinding lower

US Housing remains a puzzle in Fed's inflation fight

China's sept consumer prices flat, factory deflation persists

Singapore keeps monetary policy unchanged, increases review frequency from semi annually to quarterly

Singapore Q3 GDP up 0.7% y/y

India's retail inflation eases to three-month low in September

India's Aug industrial output rises at fastest pace in more than a year

Japan central bankers sees no pressing need to alter yield control policy. BOJ board member Noguchi sees room for L-T rates to rise. Suggests BOJ wait and see if wage hikes may continue. 3% rise in nominal pay needed to offset 2% price hikes. Real wages must turn positive to stimulate consumption.

Clicking towards record: India's festival season spurs online shopping spree.

Argentina central bank hikes key rate to 133% as inflation worsens

Source: Reuters
By: via Telegram.me/AlliesFin #StockMarket #india

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