{ }
China's consumer prices rose at the slowest pace in four months in October, with a 0.3% increase year-on-year, while producer prices fell 2.9%, marking the largest drop in 11 months. Despite a substantial 10 trillion yuan stimulus package aimed at easing local government debt, analysts predict limited immediate impact on economic activity and demand. The central bank's recent aggressive monetary measures and upcoming tax policies for the housing market may provide some support, but a recovery in consumption and the housing sector is expected to take time.
Silver prices are hovering near $32 as anticipation builds for the European Central Bank's (ECB) upcoming meeting, where a potential 25 basis point cut in deposit rates is expected. Investors are also eyeing key economic data from the US and China, including retail sales and GDP figures, amid China's significant stimulus plans to bolster its economy.
IG
16:33 16.10.2024
Trending
Subcategory:
Countries:
Companies:
Currencies:
People:

Machinary offers a groundbreaking, modular, and customizable solution that provides advanced financial news and statistical analysis. Our platform goes beyond traditional quantitative analysis, offering users a comprehensive understanding of real-time market dynamics, event detection, and risk analysis.

Address

Newsletter

© 2025 by Machinary.com - Version: 1.0.0.0. All rights reserved

Layout

Color mode

Theme mode

Layout settings

Seems like the connection with the server has been lost. It can be due to poor or broken network. Please hang on while we're trying to reconnect...
Oh snap! Failed to reconnect with the server. This is typically caused by a longer network outage, or if the server has been taken down. You can try to reconnect, but if that does not work, you need to reload the page.
Oh man! The server rejected the attempt to reconnect. The only option now is to reload the page, but be prepared that it won't work, since this is typically caused by a failure on the server.