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Featured AlphaTack Intel Article
Reliance Caps Fuel Sales to $11 a Visit as Shortages Deepen
Reliance Industries Ltd. has capped fuel purchases across its retail outlets — limiting customers to about $11 worth of gasoline or diesel — as the Middle East crisis continues to choke off supplies despite a tentative ceasefire. The country’s largest private-sector...
– AlphaTack Intel Articles –
Pimco Sees Swelling Deficit Dragging Bonds ‘Back to the Future’
Fiscal concerns, stickier inflation poised to end premia era Higher term premium seen steepening US Treasury curve Pacific Investment Management Co. is warning that US fiscal profligacy threatens to drag the Treasury market back to 1980s, a time when bond vigilantes...
U.S. Chicago Purchasing Managers Index (PMI)
The Chicago Purchasing Managers' Index (PMI) determines the economic health of the manufacturing sector in Chicago region. A reading above 50 indicates expansion of the manufacturing sector; a reading below indicates contraction. The Chicago PMI can be of some help in...
US Labor Department Confuses Analysts With Email on CPI Factor
‘Super users’ received note before BLS tried to retract Jump in rent gauge spurred higher-than-expected inflation The US Labor Department’s statistical agency emailed a group of analysts about a key factor behind the jump in January’s consumer price index before...
Apple’s iPhone Steeply Discounted in China on Weak Demand
Latest price cut is deeper than February discounts a year ago Apple’s sales in China in the past quarter missed estimates Apple Inc.’s resellers in China are slashing the price of iPhone 15 models by as much as $180, signaling an unusually prolonged slump in demand....
BOJ Signals Rate Hike That May Roil Markets Is Getting Closer
Seven of 15 economists see a March policy shift as possible BOJ price target ‘coming into sight,’ board member Takata says The Bank of Japan sent one of the strongest signals yet that the end is near for its negative interest rate policy — an event for which the...
Sweden’s GDP Unexpectedly Shrinks for Third Straight Quarter
Fourth-quarter GDP fell 0.1% on quarter, trailing forecasts Data shows Sweden’s economy is less resilient to rate hikes Sweden’s economy fared worse in the final quarter of last year than seen previously, upending a narrative in which the biggest Nordic nation had...