🚀 US September Manufacturing PMI Hits New Low Since June 2023
#US #September #Manufacturing #PMI #S&PGlobal #BlockBeats #EconomicIndicator #Low #June2023
According to BlockBeats, the final reading of the U.S. September S&P Global Manufacturing PMI came in at 47.3, slightly above the expected 47 but below the previous value of 47. This marks the lowest level since June 2023.#US #September #Manufacturing #PMI #S&PGlobal #BlockBeats #EconomicIndicator #Low #June2023
🚀 U.S. June One-Year Inflation Rate Expected to Decline
#Inflation #USEconomy #June2023 #EconomicReports #Odaily
According to Odaily, the preliminary estimate for the United States' one-year inflation rate in June is 5.1%. This figure is lower than the anticipated 6.4% and the previous value of 6.60%.#Inflation #USEconomy #June2023 #EconomicReports #Odaily
🚀 U.S. Inflation Rate Expectations for June Show Slight Decline
#US #InflationRate #EconomicExpectations #June2023 #FinanceNews
According to Odaily, the final expected inflation rate for one year in the United States for June is 5%, slightly below the anticipated 5.2% and the previous value of 5.10%. Additionally, the five to ten-year inflation rate expectation for June is finalized at 4%, which is lower than the forecasted 4.1% and the prior figure of 4.10%.#US #InflationRate #EconomicExpectations #June2023 #FinanceNews
🚀 U.S. June Employment Figures Surpass Expectations
#USEmployment #JobGrowth #NonFarmJobs #EconomicReport #June2023 #BlockBeats
According to BlockBeats, the United States reported an increase of 147,000 in seasonally adjusted non-farm employment for June. This figure exceeded the anticipated 110,000 and was an upward revision from the previous month's adjusted figure of 144,000.#USEmployment #JobGrowth #NonFarmJobs #EconomicReport #June2023 #BlockBeats
🚀 Metaplanet's Bitcoin Strategy Boosts Trading Volume on Tokyo Stock Exchange
#Metaplanet #Bitcoin #TokyoStockExchange #TradingVolume #InvestmentStrategy #StockMarket #June2023 #NamuraShipbuilding #Toyota #SonyGroup #Advantest
According to Odaily, Metaplanet (3350.T) has seen a significant increase in trading volume on the Tokyo Stock Exchange's standard market due to its expanding Bitcoin holdings. In June, the company's trading volume reached 1.8695 trillion yen, nearly doubling from May's 997.6 billion yen, maintaining its top position since November last year. Namura Shipbuilding (7014.T) ranked second in June with a trading volume of 516 billion yen.
Metaplanet's Bitcoin investment strategy has attracted market attention, leading to a rise in its stock price in mid-June. On July 7, the company announced an additional Bitcoin purchase, bringing its total investment to 225.8 billion yen. Metaplanet's trading volume has surpassed major stocks on the Tokyo Stock Exchange's main board, including Toyota Motor (1.6445 trillion yen) and Sony Group (1.3153 trillion yen), trailing only Advantest, which leads the main board with a trading volume of 4.8519 trillion yen.#Metaplanet #Bitcoin #TokyoStockExchange #TradingVolume #InvestmentStrategy #StockMarket #June2023 #NamuraShipbuilding #Toyota #SonyGroup #Advantest
🚀 U.S. Inflation Shows Slight Increase in June Amid Tariff Impacts
#Inflation #USTariffs #ConsumerPriceIndex #Economy #June2023 #PriceIncrease #EconomicReports #BusinessCosts #MarketTrends
According to BlockBeats, analysts have noted a slight acceleration in U.S. consumer price increases for June, following several months of low inflation. This change is attributed to businesses beginning to pass on the rising costs of tariff-related imported goods to consumers. Surveys of economists indicate that prices for goods and services, excluding the volatile food and energy sectors, rose by 0.3% in June, marking the largest increase in five months. In contrast, the core Consumer Price Index (CPI) saw only a 0.1% uptick in May.
While the upcoming report on Tuesday may show only a minor transfer of import tariff costs to consumers, many economists anticipate a gradual rise in inflation over time. This expectation comes as businesses remain hesitant to raise prices, and U.S. consumers exercise more spending restraint amid a cooling job market, creating a delicate balance.#Inflation #USTariffs #ConsumerPriceIndex #Economy #June2023 #PriceIncrease #EconomicReports #BusinessCosts #MarketTrends
🚀 U.S. June CPI Sees Slight Rebound, Reaching Highest Since February
#US #CPI #ConsumerPriceIndex #Inflation #Economy #FinancialNews #June2023
According to Odaily, the U.S. Consumer Price Index (CPI) for June showed a slight rebound, marking the highest annual rate since February. The unadjusted monthly CPI for June recorded a 0.3% increase, the highest since January, aligning with market expectations.#US #CPI #ConsumerPriceIndex #Inflation #Economy #FinancialNews #June2023
🚀 Fed Chair Powell Anticipates 2.7% Rise in Core PCE for June
#Fed #JeromePowell #CorePCE #Inflation #Economy #Tariffs #FinancialNews #June2023
According to BlockBeats, Federal Reserve Chair Jerome Powell has indicated that the core Personal Consumption Expenditures (PCE) for June may have increased by 2.7% year-over-year. While inflation has eased compared to 2022, it remains elevated. Most long-term inflation expectation indicators align with the Federal Reserve's targets.
Tariffs have contributed to higher prices for certain goods. Inflation could be temporary or potentially more enduring.#Fed #JeromePowell #CorePCE #Inflation #Economy #Tariffs #FinancialNews #June2023