Core PPI increased by 0.2% month-over-month, in line with analyst expectations. Year-over-year, Core PPI grew by 2.8%, exceeding the analyst estimate of +2.7%. Producer Prices data may surprise markets as…
Tag: Economics
EIA Natural Gas Storage Build Of +82 Bcf Exceeds Analyst Estimates
Natural gas prices were swinging between gains and losses as traders reacted to the report. The EIA report exceeded analyst estimates, which is bearish for natural gas markets. However, it…
Crude Inventories Increased By 5.8 Million Barrels
Crude oil imports declined by 389,000 bpd from the previous week, averaging 6.2 million bpd. Over the past four weeks, crude oil imports averaged 6.4 million bpd. Strategic Petroleum Reserve…
Ripple Cross Appeals and BTC-Spot ETF Market Registers Inflows – This Week in Crypto
BTC Weekly Chart 121024SEC Sues Cumberland DRW for Breaching US Securities Laws On October 10, the SEC charged Cumberland DRW with operating as an unregistered crypto exchange. According to the…