Category Archives: For Big Investors
7 MINS READ
The US producer price index (PPI) for final demand, which measures the cost of finished goods paid by producers, rose 0.5% month-on-month in September, more than the 0.3% forecast by economists, data released by the US Bureau of Labor Statistics show...
7 MINS READ
US nonfarm payroll employment spiked by 336,000 in September from an upwardly revised 227,000 the previous month, the US Bureau of Labor Statistics (BLS) reported on Friday. The robust payroll numbers almost doubled from the 170,000 expected in a pol...
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The Federal Reserve left interest rates unchanged following its two-day monetary policy meeting but signaled that there would be another 25-basis point rate hike this year. The decision to maintain the status quo on interest rates leaves the benchmar...
6 MINS READ
Retail sales volumes in the UK climbed 0.4% higher in August, rebounding from the upwardly revised 1.1% decline in July, data published by the Office for National Statistics (ONS) showed. For the three months ending August 2023, sales rose 0.3% compa...
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Production at US factories rose by 0.4% in August, a sharp decline from the 0.7% increase the previous month, the Federal Reserve reported on Friday. On the other hand, capacity utilization improved to 79.7% in August from 79.5% in July but is ...
7 MINS READ
The headline consumer price index, which measures costs across a broad category of goods and services in the US, rose by a seasonally adjusted 0.6% in August from 0.2% the previous month and at an annual pace of 3.7% from 3.2%, the US Bureau of Labor...
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New orders for manufactured goods fell by $12.7 billion or 2.1% in July to $579.4 billion from 2.3% the month earlier, the US Census Bureau reported on Tuesday, 5th September 2023. Excluding transportation, orders rose 0.8% in July, up from 0.3% the ...
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US nonfarm payrolls rose by 187,000 in August, up from a downwardly revised 157,000 the previous month, the US Bureau of Labor Statistics reported on Friday. Job gains were seen in healthcare, leisure & hospitality, construction, and the social a...
6 MINS READ
Personal consumption expenditure (PCE), the Fed's preferred inflation gauge, rose 0.2% in July and 3.3% year-on-year, data published by the Bureau of Economic Analysis (BEA) showed. Excluding food and energy prices, the core PCE price index edged...
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The Flash Consumer Confidence Index in the euro area fell by 0.9 percentage points to minus 16 in August 2023 from minus 15.1 the previous month as surging inflation worsened economic activity and slowed economic development, data released by the Dir...
