Reply To: Traders Market Weekly: Eyes Up on Retail and Inflation

#36623
Truman
Participant

Toyota forecast a 20% drop in profit for the year.
Consumer confidence in Australia fell to the lowest level since August 2020. China’s CPI increased at its fastest yr/yr pace since November.
Press reports indicate that Softbank is down about $25 bln on its investments for the year.
South Korea is on track to pass an extra budget without bond issuance. President Yoon acknowledged that prices are a concern and that ways to contain inflation need to be considered.