The employment report of the ADP’s private sector showed a strong rebound in January, with data above expectations. The change in employment was 174,000, higher than the market consensus of 49,000. In December, there was a 78,000 drop in jobs, a figure that was revised up from -123,000. The data for both January and December […]
Tag: U.S.
‘Pandenomics’, Jano and a new leadership
January, the month of the two faces of the Roman god Janus, has shown us this time that we cannot leave behind how 2020 closed. The new year has begun marked by the third wave of the coronavirus and the unknown associated with the appearance of new strains. The negative health evolution not only adds […]
The IBD / TIPP economic optimism index rises to 51.9 in February compared to the 51 expected
Economic sentiment in the US continued to improve in February. The US Dollar Index retains its bullish momentum after the data. The IBD / TIPP Economic Optimism Index published by Investor’s Business Daily (IBD) it rose to 51.9 in February from 50.1 in January and beat the market expectation of 51. “Americans are a bit […]
The White House Press Secretary assures that Biden had a productive discussion with Republican senators about the covid relief plan
The president of the United States, Joe Biden, told Republican senators that he hopes the rescue plan can be passed with the support of the two parties.. The White House Press Secretary, Jen Psaki, made some optimistic comments about emergency aid for the covid. Featured Comments: “The reconciliation package is a way to achieve that […]
Biden is open to strengthening the coronavirus package
White House Press Secretary Jen Psaki told reporters Monday that the President of the United States, Joe Biden, is keen to strengthen the coronavirus package, Reuters reported. Additional statements “Biden’s meeting with Republican senators is not a forum for Biden to make or accept an offer.” “Biden’s view is that the size of the coronavirus […]
Atlanta Fed GDP rises to 6% for Q1 after latest data
Real gross domestic product (GDP) in the United States is expected to grow 6%, up from 5.2% on Jan. 29, in the first quarter of 2021, the latest report showed Monday. GDPNow from the Federal Reserve Bank of Atlanta. “Following this morning’s ISM Business Manufacturing Report from the Institute for Supply Management and the US […]
ISM Manufacturing falls more than expected in January to 58.7
The ISM manufacturing activity index fell in January from 60.5 to 58.7. The data implied a setback greater than expected since the market consensus was for a reading of 60.0. The December data was downward from 60.7 to 60.5. The ISM employment index rose from 51.7 to 52.6, while that of new orders went from […]
When is the US ISM Manufacturing PMI and how could it affect the EUR / USD?
US ISM Manufacturing PMI Summary. The Institute for Supply Management (ISM) will release its latest manufacturing business survey result, also known as ISM Manufacturing PMI at 15:00 GMT this Monday. The index is forecast to have declined from the previous month’s reading of 60.5 to 60.0 in January, still pointing to a decent expansion for […]
Silver shines on retail demand, risk appetite returns in February on stimulus hopes
This is what you need to know to trade today Monday, February 1: Markets have seen a choppy Asian session on the first day of February, and the Wall Street retail frenzy of the past week has weighed on early trading sentiment. Investors have since witnessed a major shift in market sentiment as risk has […]
Xiaomi sues the US Government for including it on a blacklist
The Chinese technology company Xiaomi has filed a lawsuit against the Defense and Treasury departments of U.S for having included it in a black list of companies with supposed ties to the Chinese Army, according to the official press of the Asian country today. Xiaomi thus joins other Chinese technology companies such as ByteDance -developer […]
