The index US Manufacturing PMI has coincided with market forecasts and has fallen six tenths to 58.6 in February from 59.2 in January. As reflected in the IHS Markit report, large expansions in production and new orders are seen in February, although costs increased at the steepest rate since April 2011 amid record supplier shortages. […]
Tag: U.S.
US 10-year bond yields slide back to 1.40% after volatile week
Yields on US bonds fell sharply on the last trading day of the week. 10-year yields, which hit the 1.45% level on Thursday, fell back to 1.40% on Friday. After climbing all week, U.S. bond yields They are experiencing a sharp pullback on Friday as bond buying accelerated until the close of US trading. The […]
January personal income largely reflects stimulus controls – Wells Fargo
During January, personal income increased 10%. Wells Fargo Analysts explain that the number reflects stimulus controls that also boosted spending. Despite the 2.4% increase in personal spending in January, they note that the faster increase in income raised the personal savings rate to 20.5% in January. Key statements: “Personal income soared 10% in January, largely […]
The Atlanta Fed’s GDP now falls to 8.8% for the first quarter after the latest US data.
The real gross domestic product (GDP) of the United States is expected to grow 8.8%, compared to 9.6% on February 25, in the first quarter of 2021, it showed on Friday the latest GDPNow report from the Federal Reserve Bank of Atlanta. “Following this morning’s releases from the US Bureau of Economic Analysis and the […]
New York Fed GDP rises to 8.7% for the first quarter after this week’s data
The US economy is expected to grow 8.7% in the first quarter of 2021, the latest Report showed on Friday Nowcasting from the Federal Reserve Bank of New York. “The news from this week’s data releases raised the immediate forecast for 2021: Q1 by 0.4%,” the post reads. “Positive surprises in personal consumption spending and […]
University of Michigan Consumer Confidence Index (Final) Falls to 76.8 in February from 76.5 Expected
Consumer confidence continued to deteriorate in February in the United States. The US Dollar DXY Index is holding on to strong daily gains above 90.60 after the data. The US (final) consumer sentiment index fell to 76.8 points in February from January 79, the latest University of Michigan consumer survey showed on Friday. This reading […]
Chicago PMI unexpectedly falls to 59.5 in February
Chicago PMI falls more than expected in February. The dollar remains firm in the market, dominated by risk aversion. The data published by the ISM-Chicago showed on Friday that the Chicago Purchasing Managers Index (PMI) in February fell to 59.5 from 63.8 in January. This reading was worse than the market consensus which was for […]
US Dollar Index Holding Firm Around 90.60 After Data
DXY is trading firmly in the 90.60 region. The US core PCE increased 0.3% month-on-month, 1.5% year-on-year in January. US February Final Consumer Confidence The US Dollar Index (DXY), which measures the dollar against a basket of its main rivals, remains the tone of supply unchanged around 90.60 on Friday. The US dollar index meets […]
Foreign trade deficit of goods rises to $ 83.7 billion in January
In january the deficit in US goods trade with the rest of the world reached $ 83.7 billion, higher than the expected $ 83 billion. This comes after a rise of 1.4% in exports and 1.1% in imports. The data went unnoticed in the market. At the same time, the personal income and expense report […]
Personal income rises 10% in January and spending 2.4%, in line with expectations
The personal income and spending report for January showed mixed figures, without departing from what was expected. Among the most important data is that of Underlying Index of Personal Consumption Spending, a measure of inflation closely followed by the Federal Reserve, which showed a rise of 0.3% in January above the 0.2% of the market […]
