Meta-announcer earnings after the close yesterday and warned about higher expenses due to AI buildout investment. Caterpillar revenues missed as well. IBM is also getting […]
US Treas Secretary Yellen: GDP data shows straight a consumer investment spendingUS Treas Secretary Yellen: GDP data shows straight a consumer investment spending
US Treasury Secretary Yellen in a interview with Reuters says: GDP data shows straight in consumer investment spending.US economy shows robust growth, firing on all […]
US pending home sales for March 3.4% versus 0.8% estimateUS pending home sales for March 3.4% versus 0.8% estimate
Prior month 1.6%Pending home sales month on month change +0.4% versus 0.8% expectedPending home sales index 78.2 vs 75.6 last monthPending home sales +0.1% from […]
US Q1 advance GDP +1.6% vs +2.4% expectedUS Q1 advance GDP +1.6% vs +2.4% expected
Weakest since Q1 2023Final Q4 reading was +3.3% annualized (revised to +3.4%)Q3 was +4.9% annualized Details: Consumer spending +2.5% vs +3.3% priorConsumer spending on durables […]
Mayne Ayliffe Joins INFINOX as Global Head of HRMayne Ayliffe Joins INFINOX as Global Head of HR
INFINOX is Delighted to announce the appointment of Mayne Ayliffe as the new Global Head of HR, based in the Dubai operations office, overseeing the […]
US March advanced goods trade balance $-91.83 billion versus $-91.1 billion estimateUS March advanced goods trade balance $-91.83 billion versus $-91.1 billion estimate
Prior month $-90.3 billion International Trade in Goods: The international trade deficit increased by $1.5 billion to $91.8 billion.Exports decreased by $6.1 billion to $169.2 […]
Canada Feb average weekly earnings 4.53% vs 3.88% priorCanada Feb average weekly earnings 4.53% vs 3.88% prior
Prior was 3.88% (revised to +3.74%) This article was written by Adam Button at www.forexlive.com.
US March wholesale inventory advanced -0.4% versus 0.4% (revised from 0.5%) last monthUS March wholesale inventory advanced -0.4% versus 0.4% (revised from 0.5%) last month
Wholesale inventories prior month +0.5% revised to 0.4%. Retail inventory ex air prior month +0.4% revised to +0.3% Advance Wholesale Inventories -0.4% Wholesale inventories were […]
Fed rate hike pricing plunges after GDP dataFed rate hike pricing plunges after GDP data
Before today’s US GDP report, the market was pricing in 41.5 basis points in Federal Reserve easing. Afterwards, it sees just 35 bps in cuts. […]
Stocks/bonds don’t like GDP inflation numbers.Stocks lower. Yield higher. US dollar higherStocks/bonds don’t like GDP inflation numbers.Stocks lower. Yield higher. US dollar higher
US stocks have added another like to that outside after US GDP came in weaker but the inflation measures were higher. The core PCE prices […]