TAG: Economy of the United States
Wall Street: robust US manufacturing data shakes rate cut expectations
Manufacturing surge impacts Fed rate outlook US equity markets had a mixed opening for Q2 2024, with strong US manufacturing data driving up yields and lowering prospects of a Federal Reserve rate cut in June. The ISM manufacturing PMI increased to 50.3 i...
6 months ago
Trading volatility: DXY on US Q1 GDP
If this comes to pass there will inevitably be a long trade to be had around the US dollar. IGTV’s Jeremy Naylor looks at likely levels which may be key. The data is out on Thursday 25 April. (AI Video Summary) U.S. GDP data Anticipation of strong U.S...
5 months ago
Are we in for another dire payrolls report?
What are the forecasts for this month’s payrolls report? The August payrolls report is expected to show that 165,000 jobs were created in the US during the month, an improvement over the previous 114,000. Meanwhile, the unemployment rate is expected to...
1 month ago
S&P 500 weekly report: What to expect for US retail sales ahead
What to expect for US September retail sales data this week? This week, the US September retail sales data will be closely watched as a barometer for the US economy, given that consumer spending accounts for about 65 - 70% of the US gross domestic product...
1 day ago