The Existing home sales rose 0.6% in January in the US, which generated a positive surprise as a 1.5% drop was expected. In December an advance of 0.9% had been registered (figure revised up from 0.7%). In this way, the annual rate reached 6.69 million (consensus: 6.61 million). The dollar It did not register significant […]
Tag: U.S.
Markit Services PMI rises to 58.9, highest level since 2015
The Markit PMI preliminary report showed relatively better figures than expected in the US. manufacturing index it rose to 58.5 in February, matching the market consensus. For its part, the indicator of service sector climbed from 58.3 to 58.9, being that a fall to 57.5 was expected. The composite index went from 58.7 to 58.8. […]
President Biden will say he does not seek a new cold war with China
The president of United States, Joe Biden, will tell G-7 leaders that the United States is not seeking a new cold war with China and will reiterate that America, Europe, and democracies must challenge abusive practices, Reuters reports citing a senior administration official. Biden will tell the Munich security conference that major democracies must work […]
We are experiencing delays in vaccine shipments and deliveries
White House press secretary Jen Psaki said Thursday they are experiencing delays in shipments and deliveries of coronavirus vaccines due to the storms, Reuters reported. “We are working to accelerate scheduled vaccine deliveries when possible,” Psaki added, telling reporters that US President Joe Biden will focus on the global response to the coronavirus pandemic at […]
Philly Fed backs off less than expected from one-year highs
The main indicator of the manufacturing survey prepared by the regional bank of the Federal Reserve of Philadelphia fell from 26.5 in January to 23.1 in January. The reading was higher than 20.0, which was the market consensus. December’s had been the highest since February 2020. The New orders index went from 30.0 to 23.4, […]
Housing starts drop more than expected while building permits jump 10% in January
The construction and housing data released Thursday showed different facets. The housing starts in January they registered a fall of 6% to 1.58 million (annual rate), a figure lower than the 1.65 million expected from the market consensus. Regarding the building permits, these rose 10.4% to 1,881 million (annually), well above the 1,678 million expected […]
Unemployment benefit claims rise unexpectedly, hitting highs in four weeks
The U.S. Department of Labor reported that Initial claims for unemployment benefits increased by 13,000 in the week ending February 13 to 861,000, below the 765,000 expected by the market. It is the highest level in four weeks. Regarding the continued orders these were reduced by 64,000 in the week ended February 6 to 4,494,000, […]
Producer price index rises 1.3% in January, higher than the 0.4% expected
Wholesale inflation in the US it rose above expectations in January. The producer price index (PPI) climbed 1.3%, beating the market consensus of 0.4% and the December reading of 0.3%. Compared to twelve months ago, the index jumped from 0.8% to 1.7%. The PPI without taking into account energy or food (core or underlying) rose […]
Retail sales rise 5.3% in January, well above expectations
The report of US retail sales showed figures well above expectations, which favored the dollar in the market. Sales increased 5.3% in January, beating the market consensus that was for a rise of 1.15. In December they had fallen 1% (revised from -0.7%). The annual rate rose to 1.7%, the highest level in more than […]
Biden says that all Americans who want a vaccine for Covid-19 will have it by the end of July 2021
The President of the United States, Joe Biden, has recently appeared for an interview on CNN in which has tried to minimize British movements while promising the coronavirus (COVID-19) vaccine to all Americans by July 2021. The American leader too has highlighted the rapid delivery of the manufacturer of vaccines for the covid Pfizer and […]
