The global financial media last night and this morningThe main headlines of common concern are:

1. The first decline in producer prices in the United States since the beginning of the epidemic indicates that inflationary pressure has eased.

Oil prices in the United States have continued to fall below $4 a gallon for the first time since March.

3. U.S. Senator Warren asked 12 regional Fed banks to provide transaction information from senior officials during the epidemic.

Us mortgage rates rise to 5.22% and rise and fall in the past few weeks

Apple Inc expects iPhone sales to be maintained in 2022, counting on wealthy consumers to help offset the market slowdown.

6. Goldman Sachs Group expects demand to push oil prices back up to $130 a barrel this year.

Producer prices in the United States fell for the first time since the beginning of the epidemic, indicating that inflationary pressures have eased

The US producer price index unexpectedly fell in July for the first time in more than two years, mainly reflecting lower energy costs and an easing of inflationary pressures.

Final demand PPI fell 0.5 per cent month-on-month in July, up 9.8 per cent from a year earlier, according to data released by the labour department on Thursday. The median forecast for the economists surveyed was that the index rose 0.2% month-on-month, up 10.4% from a year earlier. The decline in PPI is due to the lower cost of goods, while the price of services has risen only slightly.

Excluding volatile food and energy ingredients, core PPI rose 0.2 per cent month-on-month and 7.6 per cent year-on-year. Both figures are also weaker than expected.

The figures suggest that inflationary pressures in some production sectors are beginning to abate and may eventually dampen the pace of consumer price increases in the coming months. Commodity prices, including oil, have fallen sharply in recent months, and there are signs that supply chain conditions are improving.

Us oil prices continued to fall, falling below $4 a gallon for the first time since March

The average US gasoline price continued to fall below $4 a gallon to $3.99 a gallon as of Aug. 11, the latest data from the American Automobile Association (AAA), marking the first time since March that US gasoline prices have fallen below $4 a gallon.

U.S. Senator Warren asked 12 regional Fed banks to provide information on transactions by senior officials during the epidemic.

Democratic Senator Elizabeth Warren of Massachusetts criticized Federal Reserve Chairman Jerome Powell for concealing trading information from Fed officials during the epidemic, calling the Fed Inspector General's findings "disturbing."

In a letter to Powell disclosed on Thursday, Warren noted that the Inspector General's report "expresses new concerns about the reasons why you continue to hide key information about the financial trading activities of Fed officials from Congress and the public".

Warren is a member of the Senate Banking Committee, which oversees the Federal Reserve. She also wrote to all 12 regional Fed banks asking for securities trading records of all high-level officials since January 1, 2020, with a deadline of August 25.

Us mortgage rates have risen to 5.22%, rising and falling in the past few weeks

JPMorgan Chase & Co's former head of precious metals and his top gold trader were convicted by a federal jury in Chicago of market manipulation for years.

Michael Novak and Greg Smith were found guilty on Wednesday after a three-week trial. Geoffrey Rufo, the salesman on his desk, was acquitted. The evidence provided by prosecutors included detailed trading records, chat transcripts and testimony from former colleagues who "uncovered" the culprits behind how Novak and Smith pushed precious metal prices up and down to make a profit.

The case, the largest to date by the US Department of Justice, alleges that JPMorgan Chase & Co's precious metals business was run as a criminal enterprise. Novak, the managing director in charge of the desk, and his chief trader, Smith, were convicted of fraud, fraud and market manipulation. Salesman Ruffo is accused of taking part in the plot.

"they have the ability to drive the market and to manipulate global gold prices," prosecutor Avi Perry said in his closing statement.

Apple Inc expects to maintain iPhone sales in 2022, counting on wealthy consumers to help offset the market slowdown.

Apple Inc has asked suppliers to produce at least as much next-generation iPhone this year as in 2021, counting on affluent consumers and reduced competition to help offset the downturn in the global electronics market.

Despite deteriorating forecasts for the smartphone market, Apple Inc asked assemblers to produce 90 million of the latest iPhone, the same number as last year, according to people familiar with the matter. Apple Inc still expects to produce a total of about 220 million iPhone in 2022, roughly the same level as last year, according to one of the people familiar with the matter.

Apple Inc's forecast is a closely guarded secret, and the figures show that it is confident of withstanding the decline in consumer spending on smartphones and other devices. The global mobile phone market fell 9% in the second quarter. Dome IDC predicts that it will shrink by 3.5% for the whole of 2022.

Goldman Sachs Group expects demand to push oil prices to rebound this year, with Brent as high as $130a barrel.

Goldman Sachs Group said gasoline and crude oil prices are expected to rebound by the end of the year as the market still needs to strike a balance between rising demand and tight supply.

Damien Courvalin, head of energy research at Goldman Sachs Group, said in an interview that the futures price of Brent crude could reach as high as $130 a barrel, while the retail price of gasoline in the United States would return to about $5 a gallon.

Courvalin said that prices need to remain at these levels in order to finally solve the market gap.

Demand for crude oil is expected to increase as power plants and industrial users shift from more expensive natural gas to crude oil. Relatively low prices and continued economic restart have also helped boost crude oil consumption. As refineries enter the maintenance period, the lack of gasoline and diesel inventory buffers worsens the supply outlook.