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US equity futures fell and oil advanced as investors weighed renewed concerns over the pace of AI development against hotter-than-expected US inflation that bolstered bets the Federal Reserve may raise interest rates on Wednesday.
We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.
(RTTNews) - Hong Kong will on Monday release Q2 figures for industrial production and producer prices, highlighting a modest day for Asia-Pacific economic activity.
Oil rose after Saudi Arabia shut a major crude pipeline following attacks, disrupting a route that’s been used to bypass the Strait of Hormuz during the US-Iran war and deepening a global energy…
"Most of the factors we consider are at, or close to, levels that have preceded past stock market peaks."
Sustaining 3% growth is mathematically improbable, requiring productivity to nearly double given slow labor force expansion.
The Revenue Department is stepping up efforts to bring online traders into the tax system after successfully adding more than 56,000 operators to the system last year.
