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Hong Kong fell 1.53 per cent, or 347.85 points, to finish the day at 22,409.62 – its lowest point since May 2014 – taking it into a bear market after a more than 20 per cent slump from its April peak. The Nikkei 225 index ended day down 0.9% at 20,033.52 points....

“If you look at the interest rate probability according to the Fed fund futures, on August 13 it was showing 50 percent for September and now it’s down to 32 per cent”.

Manufacturing unit manufacturing on the earth’s second-largest financial system shrank at its quickest price this month in greater than six years, fueling considerations that China’s sudden slowing could have far-reaching results across the globe. The new bout of...

Both reports also said inflation has been weighed down by easing gasoline prices, which have plummeted by more than a fifth from previous year, as crude oil costs continues to slide due to oversupply. The index for all food at home also finished higher, climbing 0.2%.

Core Inflation m/m +0.0% +0.0%!Headline: +1.3%!

Inflation has remained below the Fed’s 2 percent target for annual price increases for more than three years. The prospect of the Fed raising rates has boosted the dollar, further undercutting inflation through lower import prices. A line from the report stating:...

Statistics Canada’s consumer price index shows Canada’s inflation rate rose to 1.3 per cent in July, led by increases in food prices.

The BoE chose to keep interest rates at 0.5%, with minutes of the Monetary Policy Committee meeting revealing a vote of 8-1 in favour of this decision.

The statistics for the Consumer Price Inflation indices (CPI) released today reveal that the Consumer Prices Index (CPI) has turned positive, growing by 0.1% in the year to July 2015, up from 0.0% in the year to June 2015.

Not much room for “unnatural” profit there.

A private factory gauge unexpectedly fell to the lowest level in more than six years, data Friday showed. At the same time, policy makers also expressed concerns that given recent drops in commodity prices inflation is still too low to justify an interest rate increase.

China’s stocks wiped out gains spurred by an unprecedented government campaign to prop up prices amid weakening economic data and signs of capital outflows.

Many analysts had been betting on a rate hike when Fed officials next meet in September given sustained strength in the world’s largest economy.

“The ONS state that ”a smaller fall in clothing prices on the month compared with a year ago was the main contributor to the rise in inflation”.

In Europe, the FTSE 100 index of leading British shares was down 0.8 percent at 6,472 while Germany’s DAX fell 1.1 percent to 10,800. Heating oil fell 4.1 cents to close at $1.518 a gallon.