index Germany’s Gfk consumer confidence has fallen to -30.6 points in its August projectionworsening July’s -27.7 (revised down from -27.4) and -28.9 expected by market consensus. This is the ninth consecutive month in which the indicator is at negative levels. According to the statement, consumer sentiment has once again lowered the historical low reached last […]
Tag: Economic Indicator
US: Initial Jobless Claims Rise to Eight-Month Highs
Initial jobless claims rise slightly, to the highest level since the fourth quarter of 2021. Continued orders climb to 11-week highs. Market focused on ECB decisions. The United States Department of Labor reported that Initial jobless claims increased by 7,000 in the week ending July 16 to 251,000, the highest level in eight months and […]
Canada: Annual inflation climbs to 8.1% in June, below the 8.4% expected
Inflation continued to rise in Canada in June, although less than expected. IPC rises 0.7% in June against 0.9% market consensus. The loonie backed off modestly after the data. The Consumer’s price index (IPC) rose 0.7% in June, while the market consensus was 0.9%. This implies a slowdown from the 1.4% increase in May. The […]
US: Industrial production falls 0.2% in June, an increase of 0.1% was expected
Industrial production falls 0.2% in June. Utilization of installed capacity drops to 80%. The dollar remains in negative territory. The industrial production in the United States had a contraction in June of 0.2%, the data was below the market consensus which was for an increase of 0.1%. In May it remained unchanged with respect to […]
US: Empire Manufacturing Index unexpectedly jumps to 11.1 in July
New York region manufacturing activity index experiences unexpected rise. Empire Index rises to 11.1 with a drop to -2 expected. Retail sales data also exceed expectations. The Empire Manufacturing Index recorded an unexpected rise from -1.2 to 11.1 in July, with the market consensus being for a reading of -2. At the same time, an […]
US: Retail sales up 1% in June, beating expectations
Retail sales rise 1% against the 0.8% expected. May sales hike revised from -0.3% to -0.1%. The dollar rises for only a few minutes after the data. The retail sales they increased 1% in June, a figure that was above the expected increase of 0.8% of the market consensus. In turn, the figures for May […]
US: Wholesale inflation rises more than expected in June 1.1% vs. 0.8% expected
IPP rises 1.1% in June, surpassing the 0.8% market consensus. Core PPI advances 0.4%, below the 0.5% expected. The dollar without significant changes, remains firm in the area of ​​maximums in decades. The Producer Price Index (PPI) in June rose 1.1% above the 0.8% expected and higher than the 0.9% in May (revised higher from […]
US: Inflation rises more than expected in June to 9.1%, new maximum since 1981
Prices accelerate the rise in June in the US IPC rises to 9.1% in one year, the highest level since November 1981. The dollar rises strongly in the market on expectations of more rate hikes from the Fed. The Consumer Price Index rose 1.3% in June, above the expected increase of 1.1% and higher than […]
Canada: Economy unexpectedly loses 43,200 jobs in June
Net change in employment surprises negatively, with an unexpected drop. Low unemployment rate but for bad reasons. The loonie falls against the dollar, holds against other rivals. The canada june employment report showed figures below expectations. The net change in employment was negative at 43,200, which was surprising as an increase of 22,500 was expected. […]
US: Non-Farm Payrolls rise by 372,000 in June, surpassing the 268,000 expected
Nonfarm payrolls up 372,000 vs. 268,000 consensus. Unemployment rate remains at 3.6% in line with expectations. The dollar rises in the market after the economic figures. The official employment report of the United States June showed figures above expectations. Non-Farm Payrolls increased by 372,000 above the 268,000 market consensuseither. In May, 384,000 jobs had been […]
