A slowdown in exports, a slump in the earnings of domestic companies and surging food prices cast downward pressure on the world's second-biggest economy in August as the China's National Bureau of Statistics reported Sunday that the Consumer Price Index rose 2 percent.
An unofficial gauge of human misery in the U.S. is now sitting at its lowest level in three years. Not four. In other words, while conditions have improved somewhat, Americans are still feeling miserable under President Barack Obama's watch and that obviously doesn't bode well for Obama's re-election chances.
India's retail inflation rate dropped marginally to 9.86 percent in July from 9.93 percent recorded in June, according to the data released by the Ministry of Statistics and Program Implementation.
Consumer prices were flat in July for a second straight month and the year-over-year increase was the smallest since November 2010, giving the Federal Reserve room for further monetary easing to tackle stubbornly high unemployment.
The U.S. stock index futures point to a lower open Wednesday amid the fading expectations about an announcement of monetary easing measures by the Federal Reserve to support the economy.
China reported a trade surplus of $25.1 billion in July amid slower-than-expected growth in exports and imports, raising the concern that the world's second largest economy isn't doing enough to stimulate the economy and avert a slowdown.
U.S. stock index futures point to a higher open Thursday ahead of the Labor Department's weekly jobless claims data and the Bureau of Economic Analysis' trade balance report.
European markets rose Thursday as investor confidence was lifted by hopes that China will announce stimulus measures to boost the economic condition and regain the growth momentum.
China’s industrial production grew at a reduced pace in July compared to June indicating that the weakening global demand and the debt burden faced by the euro zone are adversely affecting the country's economy.
Consumer prices in the U.S. were flat in June as the higher cost of food offset another drop in energy, according to government statistics released Tuesday, further confirming the Federal Reserve's view that the jump in fuel costs was only temporary.
China's gross domestic product growth slowed down in the second quarter to the lowest rate in three years, due to soft global demand official data released Friday show.
South Korea's central bank cut the interest rate Thursday for the first time in over three years in a move to stimulate the faltering economic growth of the country.
China's trade surplus widened to $31.73 billion in June, up 42.9 percent compared to the same month in last year amid slower-than-expected growth in imports, raising concern that the world's second largest economy isn't doing enough to stimulate domestic demand and avert a slowdown.
The rate of inflation in China slowed down in June from the previous month, showing signs of a gradual decline in price pressure to make room for monetary easing.
South Korea's consumer confidence fell in June as compared to May, weighed down by the faltering global economy and the intensifying debt crisis in the euro zone.
The market sentiment is likely to remain subdued in the coming week as increasing expectations of a further global slowdown and economic headwinds from the euro zone will continue to weigh.
