Prior month 0.3% PPI (industrial product prices) MoM 0.7% versus 0.3% expected. Producer prices YoY 2.6% vs 1.7% last month. This was the 10th consecutive …
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The initial and continuing jobless claims for the current week shows: Prior week initial claims 224K initial jobs claims 235K vs 225K estimate 4-week MA …
Prior month was 15.9 Details: New Orders -1.9 vs 18.4 last month Shipments 4.5 vs 23.7 last month Unfilled orders -16.8 vs 5.7 last month …
The USD is little changed vs the EUR and the GBP to kickstart the US day in what is becoming a pattern of up and …
Headlines: US-EU joint statement says tariffs relief for autos to come in “hopefully weeks” Walmart earnings come up short, shares down in pre-market Fed’s Bostic: …
Inflation remains well above the Fed’s 2% target. Unemployment rate has been consistent with full employment for some time. 50k to 75k is now closer …
Policy is modestly restrictive and appropriate. Officials will be watching August and September inflation data. Labor market is solid. I’m sure that Cook will handle …
The largest retailer in the US reported an EPS of $0.68 (vs $0.74 estimate) but at least revenue managed to come in strong at $177.4 …
EU intends to eliminate tariffs on all US industrial goods, provide preferential market access for US seafood and agricultural goods EU intends to procure $750 …
Fundamental Overview The USD started the week on a positive note as the risk of a hawkish Powell has been keeping the markets on edge. …