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Inflation wake-up call

Never trust a statistic you haven’t fudged yourself. Unsurprisingly, inflation in the U.S. continues to rise, which by now even the last citizen at the supermarket shelf should have noticed. Official CPI figures say inflation has risen to 5.4% YoY in September from 5.3 in the previous month. Some numbers from the CPI: Meat, poultry, …

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Gold with short-lived rise

The gold price briefly rose to $1782.05 after the disappointing U.S. jobs data, but after a short time found itself back at almost the same level as earlier in the day. The gold price is at $1758.10 per ounce in the evening Asia time 10:50 PM GMT+7. After the labor market report with only 194k …

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