Greetings,
China: Thermal coal prices hit a new high today amid falling inventories and strong demand for electricity.
Asia-Pacific: Australia dominates the global iron ore supply. Slowing demand from China does not help.
Japan: Producer prices increased more than expected last month. With consumer inflation remaining depressed, the PPI spike could put pressure on margins in some sectors.
United States: Employment turnover is rising.
Equities: How do stocks perform in stagflationary environments?
Food for Thought: Interacting with banks:
Edited by Devon Lall
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