There is some naval-gazing going on here around tweaking the Fed target but it’s awfully rich given they’ve been above 2% for four-and-a-half years. Bostic …
Prior was -7 Services index +1 vs +4 prior Manufacturing shipments -20 vs -5 prior This is a poor reading on manufacturing. The Empire number …
Prior was 54.5 Manufacturing 52.0 vs 52.0 expected (prior 53.0) Composite 53.6 vs 54.6 prior These numbers are very close to consensus but there is …
The USDCAD started the session on a firm footing, extending its recent gains and moving above a well-defined swing area between 1.38127 and 1.38315. That …
Supported quarter-point cut Expect last week’s cut was a first step Aside from tariffs, inflation is near target Tariff effect will fade Labor market could …
Prior was -17.3 General business activity +5.8 vs +24.6 prior New orders +0.5 vs +21.5 prior Employment full time +9.4 vs -3.8 prior Prices paid …
Prior was -0.1% This article was written by Adam Button at investinglive.com.