Fed’s Logan Signals 50 Basis Points More in Rate Hikes 
High Rates Weigh on U.S. Home Improvement Demand 
RBI Rate Hike Bets Surge as Inflation Rises 
US Stock Futures Rise as Weak Jobs Data Eases Fed Hike Bets 
G20 Divided Over US Push to Curb Industrial Overcapacity 
OPEC+ Expected to Hold November Oil Output Quotas Steady 
Asian Stocks Rise as Fed Rate Hike Bets Fade 
European Stocks Diverge as French Fiscal Crisis Hits CAC 40 
Asian Currencies Slide as Dollar Rises, Euro Hits 17-Month Low 
AI Agents Could Disrupt Financial Services, Bernstein Says 
Asian Stocks Rally as Soft US Jobs Data Boosts Tech 
Nasdaq Hits Record High as Tech Stocks Lift Wall Street 
Ukraine Faces $56 Billion Budget Gap as War Costs Soar 
Oil Prices Fall as G7 Reserve Release Eases Supply Fears 
Add as a preferred source on Google
Consumer prices in China improved during the month of September, while producer prices turned positive for the first time in four years, raising optimism that spare capacity in the economy was beginning to ease.
The consumer price index (CPI) advanced 1.9 percent from a year ago, following a 1.3 percent increase in August, the National Bureau of Statistics reported Friday. A median estimate of economists forecast CPI inflation to improve to 1.6 percent.
Compared to August, consumer inflation climbed 0.7 percent, following a 0.1 percent increase the prior month. Economists projected a 0.3 percent gain over the previous month.
Further, the producer price index (PPI) edged up 0.1 percent in the 12 months through September. That was the first increase since 2012, ending a stretch of four-and-half years of declining prices.
Meanwhile, a separate report on Thursday from the Ministry of Commerce showed foreign direct investment (FDI) rose at an annualized 4.2 percent in the year to September, down from 4.5 percent the previous month.
