Chinese inflation data for August released Wednesday showed the producer price index declined 2.0% in August from a year earlier, according to China's National Bureau of Statistics, in line with expectations for a 2.0% fall in a Reuters poll. The consumer price index in August rose 2.4% as compared with a year ago, also in line with expectations of analysts in a Reuters poll.
Oil markets remain in focus for investors too after crude prices plunged overnight, hitting lows not seen since June, amid renewed demand concerns due to rising coronavirus infection rates across the U.S. and Europe.
Buffett Index 9/8 174.30
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