United Parcel Service Inc.(UPS)

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Data released by the U.S. Department of Commerce showed inflation-adjusted GDP increasing 2.7% YoY during 4Q22, lower than the expected 2.9%. The GDP data showed the PCE price index increasing 3.7% YoY in the fourth quarter. The core measure that…
PBOC stay accommodative, new bank loans in China jumped more than expected to a record of CNY 4.9 tn in January. While new home prices rose for the first time in a year, as the government stepped up support for…

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Producer Price Index (PPI) rose 0.7% MoM, higher than market expectations of 0.4%, hitting a new high since June 2022. For the week ending 10th Feb, the MBA’s (Mortgage Bankers Association) weekly mortgage applications survey reported its Market Composite Index…
The tension between China and the United States has increased. After the United States shot down a Chinese balloon, U.S. blacklisted 6 Chinese entities involved. U.S January PPI rose 0.7% MoM /6% YoY higher than the expected increase of 5.4%.…

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According to data from the Mortgage Bankers Association’s (MBA) data, mortgage applications increased 7.4% from one week earlier for the week ending February 3. U.S. mortgage rates fell for the fifth consecutive week, with demand for purchases and refinancing both…