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    • Breaking News
    Dec 1, 2022
    • Natural gas prices continue to soar in the euro zone and traded above
      • Germany's retail sales in October declined 2.8% but still 1.8% ahead from pre-pandemic October 2019, Destatis said Thursday.
        • The PCE price index increased 0.3% in October from September and rose 6.0% from a year ago, the lowest in the year so far, the U.S. BEA report showed.
          • Personal spending in October rose 0.8% following 0.6% in September and personal income increased 0.7%, the most in a year, the U.S. BEA reported Thursday.
            • The national average gasoline price dropped to $3.47 a gallon, below $3.54 average on February 24, the day Russia invaded Ukraine, said AAA.
              • Nov 30, 2022
              • Former leader of China and the Communist Party, Jiang Zemin died because of leukemia, he was 96. China-controlled Xinhua news agency said.
                • European natural gas prices soared 10% as storage dipped in several countries and temperatures dipped and Norway and the UK face difficulties at gas terminals.
                  • Mortgage applications declined 0.8% for the week ending Nov 28th, after rising 2.2% in the previous week, the Mortgage Bankers Association said Wednesday.
                    • Consumer price inflation declined to 10.0% in the euro zone from a record high 10.6% in October, Eurostat data showed Wednesday.
                      • Major averages on Wall Street soared between 2% and 3% after Fed Chairman Powell suggested the pace of future rate hikes may slow down from December.