8 MINS READ|January 19, 2024
Sales at autos and retailers rose, while it fell at gas stations and health & personal care stores Sales at US retailers rose 0.6% in December, the most since September, amid solid consumer spending, to mark the end of a tumultuous year that undersco...
8 MINS READ|January 15, 2024
US dollar ends flat, bond yields fall, and equities end mixed on Thursday Consumer prices rose 0.3% month-on-month in December from 0.2% the previous month and from 3.1% to 3.4% at an annual rate, the most in three months, data published by the US Bu...
9 MINS READ|January 12, 2024
The foreign exchange markets are the largest and the most liquid compared to any other asset class in the world, primarily due to large volumes pitched in by various market participants- from retail traders to corporates, commercial and investment ba...
8 MINS READ|January 8, 2024
US nonfarm payrolls increased by 216,000 in December, the US Bureau of Labor Statistics reported on Friday. Economists surveyed by Dow Jones expected the payroll number to come in at 170,000, even as October and November's print were revised lower to...
7 MINS READ|January 4, 2024
After an uncertain start to the year, the US stock markets ended 2023 on a high note, with two of the three major stock indices closing at record highs. If history is any indication of how the previous year's trend affects the following year's perfor...
8 MINS READ|December 25, 2023
Equities and bond yields end mixed on Friday; the US dollar slides Consumer price inflation categorized by the personal consumption expenditures (PCE) fell by minus 0.1% in November, the first drop in more than 31/2 years, and after a flat reading th...
6 MINS READ|December 22, 2023
Falling food and fuel prices lead the decline; sterling slips against majors on rate cut hopes Consumer inflation in the UK plunged by -0.2% in November, the lowest reading since July, after remaining unchanged the previous month, the UK Office for N...
7 MINS READ|December 14, 2023
Headline inflation climbs 0.1%, while the core rate rises 0.3% month-on-month The seasonally-adjusted consumer price index for all urban consumers (CPI-U) rose 0.1% in November, from 0 the month earlier, the Bureau of Labor Statistics said on Tuesday...
8 MINS READ|December 11, 2023
Unemployment rate dipped to four-month lows while wages increased The US economy gained 199,000 jobs in November, up sharply from the 150,000 the previous month and above economists' expectations of 190,000, the US Bureau of Labor Statistics said on...
7 MINS READ|December 7, 2023
Non-manufacturing PMI climbs from 5-month lows as business activity gains momentum The US services sector expanded to 52.7% in November from a 5-month low of 51.8% the previous month amid heightened business activity, the Institute for Supply Managem...
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