The CPI print was China’s strongest reading since February 2023. CPI grew 0.2% month-on-month, reversing course after a 0.1% drop in November. Friday’s reading showed Chinese CPI inflation rising for ...
Oil prices had fallen sharply after the U.S. captured Venezuelan President Nicolas Maduro and signaled a takeover of the country’s oil industry. But they had recouped all of these losses by Friday.