US CPI, UBS earnings, UK inflation: What’s moving markets By Investing.com

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Investing.com — All eyes will be on the U.S. monthly consumer prices release later in the session as investors look for confirmation that the Federal Reserve will begin cutting interest rates in September. Inflation in the U.K. was relatively benign, while UBS impressed with its quarterly earnings. 1. US CPI in focus It is now … Read more

China’s economy is moving slowly despite a lack of consumer stimulus

China's economy is moving slowly despite a lack of consumer stimulus

(Bloomberg) — China’s economy likely failed to emerge from its worst patch in five quarters, with an uneven recovery in July held back by consumer spending that still lags industrial activity and investment. Most read on Bloomberg Data due Thursday will show retail sales remained weak, according to the median forecast compiled by Bloomberg, despite … Read more