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Analysts comment on U.S. CPI data: Inflation is rising faster than wages again, putting increasing financial pressure on Americans for the first time in about three years. Consumer prices have risen 3.8% over the past year, while wages have risen only 3.6%, meaning many workers are losing purchasing power.
Analyst Curran commented on U.S. CPI data: The rent index increased by 0.6%, but it is important to remember that at least part of this is due to the deviation in the data caused by the government shutdown last year.
Analyst Curran commented on U.S. CPI data: Energy prices rose by 3.8% in April, accounting for more than 40% of the monthly price increase of all commodities, which may not be surprising.
According to Iranian media reports, Norway’s Deputy Foreign Minister met with Iranian Foreign Minister Araghchi.
India has revised its preliminary GDP estimate release date and will release preliminary estimates of fourth quarter and annual GDP on June 7.
U.S. stock index futures have little short-term volatility, with the Dow futures down 0.1%, the S&P 500 futures down 0.44%, and the Nasdaq futures down 0.9%.
The three major U.S. stock index futures maintained their decline after the release of CPI data.
U.S. short-term interest rate futures slightly pared earlier losses after the inflation data.
The annual rate of food inflation in the United States was 3.2% in April, which was not seasonally adjusted, compared with the previous value of 2.7%.
The annual rate of energy inflation in the United States was 17.9% in April, which was not seasonally adjusted, compared with the previous value of 12.5%.
The monthly real income rate in the United States in April was -0.2%, compared with -0.9% in the previous month.
The U.S. non-seasonally adjusted CPI annual rate in April was 3.8%, expected to be 3.7%, and the previous value was 3.30%.
The seasonally adjusted monthly CPI rate in the United States in April was 0.6%, which was expected to be 0.6% and the previous value was 0.90%.
The annual rate of core CPI in the United States, which was not seasonally adjusted in April, was 2.8%, expected to be 2.70%, and the previous value was 2.60%.
The seasonally adjusted monthly core CPI rate in the United States in April was 0.4%, which was expected to be 0.3% and the previous value was 0.20%.
The monthly rate of seasonally adjusted CPI and core CPI, unseasonally adjusted CPI and core CPI will be announced in ten minutes.
[Intel’s market value surges by US$440 billion in six weeks, attracting attention from short sellers] According to foreign media reports, the rapid rise in Intel’s stock price has caused traders who bet on its stock price to fall face huge losses. But that didn't stop them from continuing to place their bets. Since hitting bottom on March 30, the chipmaker's shares have soared 214%, adding more than $440 billion to its market value, and short sellers have suffered more than $12 billion in paper losses, according to financial data firm S3 Partners. at the same time, Short interest in Intel stock as a percentage of the company's outstanding shares, which measures the number of shares shorted with borrowed shares, is near a 52-week high. "Intel is almost the poster child for momentum trading right now," said Matthew Unterman, managing director at S3 Partners. "But that momentum is going to stall at some point."
Futures on the three major U.S. stock indexes continued their decline, with Nasdaq futures down 1%, Dow futures down 0.08%, and S&P 500 futures down 0.45%.
United Airlines (UAL.O): Suspended flight service between the United States and Venezuela in June 2017. Daily service between Houston and Caracas, the Venezuelan capital, will begin on August 11.
The schedule shows that BTC crude oil exports from Azerbaijan’s Ceyhan Port are set at 15.78 million barrels in June and 15.67 million barrels in May.