US PMIs Scream Stagflation As Manufacturing "Contracts", Prices Rise, Heaviest Job Cuts Since GFC

More Stagflation Signals As Manufacturing Surveys Show Soaring .....»»

The Next Global Hegemon Has To Be Even Larger Than The US By Michael Every of Rabobank "Where it will end is very much up for grabs." Yesterday’s manufacturing PMIs shouted “stagflation”, even if some heard “rate c.....»»

Stagflation Slams US - Production Slumps As Supply Chain Disruptions Spark Record Surge In Prices After March's explosive surge higher in 'soft' survey data on the manufacturing (and services) sector, analysts expect.....»»

Futures contracts for gold are under sh.....»»

US Consumer Prices Rise For Seventh Straight Month, Shelter Inflation At Decade Lows Today's inflation print is key. After significant signs of cost pressures (PMIs all signaling record or near record rising prices) and comm.....»»

With a vaccine gradually rolling out and trillions of dollars in gover.....»»

Oil prices rose on Monday, recovering earlier losses on news that leading exporter Saudi Arabia will reduce its output by 1 million barrels per day (bpd) on top of reductions agreed under an OPEC+ supply pact......»»

"The Worst Case For Markets": Massive Stagflation In 2021 As Prices Rise Without Rising Wages Authored by Vincent Cignarella, Bloomberg macro commentator "We are witnessing the Great Monetary Inflation (GMI).....»»

Oil prices rose on Thursday after sharp losses in the previous session, with investors hoping that a big build-up in U.S. inventories may mean producers have little option but to deepen output cuts as the coronavirus pandemic ravages demand......»»

Oil prices rose on Thursday on expectations the world's leading crude producers will overcome obstacles at a meeting later in the day that have so far prevented a deal to cut output in response to a collapse in global demand......»»

Oil prices strengthened ahead of their settlement on Wednesday, buoyed by hopes that OPEC and its allies will strike a production cut agreement, shrugging off bearish signals from surging U.S. crude inventories......»»

Oil prices rose more than 1% on Thursday, recouping losses from the previous day on a smaller-than-expected rise in crude oil inventories in the United States, although the gains were capped by uncertainties over cuts by major oil producers......»»

The U.S. central bank will deliver a big dose of stimulus starting this month in a bid to protect the world's biggest economy from the impact of the coronavirus, traders of futures contracts tied to Federal Reserve policy are betting......»»

Global shares eased on Friday, as investors were spooked by a sharp rise in the number of coronavirus cases in China this week while oil prices extended gains on hopes of more production cuts......»»

Oil prices fell 1% on Tuesday, the last trading day of the decade, but notched the biggest annual gain in three years, supported by a thaw in the prolonged U.S.-China trade war and ongoing supply cuts from major oil producers......»»

Oil prices held steady on the final day of the year on Tuesday, heading for their biggest annual rise since 2016, supported by a thaw in the prolonged U.S.-China trade dispute and supply cuts......»»

Oil prices edged lower on the final day of the year on Tuesday, but were on track for their biggest annual rise since 2016, supported by a thaw in U.S.-China trade dispute and ongoing supply cuts......»»

Oil prices rose more than 20% .....»»

Oil prices rose on Tuesday in thin pre-Christmas trading after Russia's energy minister said cooperation with OPEC to support the market would continue and as analysts forecast a second weekly decline in U.S. crude inventories......»»

Oil futures gained over 1% on Monday on hints the Organization of the Petroleum Exporting Countries (OPEC) and its allies may agree to deepen output cuts at a meeting this week and as rising manufacturing activity in China suggested stronger demand......»»