The DXY index remains unchanged upside bias above the 90.00 level. The general CPI for December in the United States rose 0.4% month-on-month, the core CPI 0.1% month-on-month. Later the Fed Beige Book will be published. Attention will also turn to various Fed speeches. He US dollar DXY index, which measures the strength of the […]
Tag: U.S.
Annual inflation rises to 1.4% above the 1.3% expected
He Consumer’s price index (IPC) rose 0.4% in December, in line with expectations and above the 0.2% increase in November. He underlying index advanced 0.1% also matching the market consensus. The Annual variation of the CPI was 1.4%, higher than the 1.3% expected and 1.2% of the previous monthr. In this way, annual inflation equaled […]
The IBD / TIPP economic optimism index improves from 49 to 50.1 points in January
IBD / TIPP economic optimism surpassed the 50 point level in January. The S&P 500 Index remains quiet near 3,800 points after the data. The IBD / TIPP Economic Optimism Index published by Investor’s Business Daily has improved to 50.1 points in January from December 49. “Americans have become slightly optimistic on the outlook for […]
JOLTS job openings drop to 6.5 million in November from 6.9 million expected
JOLTS job openings fell modestly in November. The US Dollar DXY Index extends its sideways move near 90.50. The number of job openings on the last business day of November was 6.5 million, compared to 6.6 million in October, the US Bureau of Labor Statistics announced in its latest Vacancy and Job Rotation Summary (JOLTS) […]
NFIB Business Optimism Index falls to 95.9 in December vs. expected reading of 102.8
The US NFIB Business Optimism Index worsens sharply in December. The National Federation of Independent Business (NFIB) reported Tuesday that the US business optimism index fell to 95.9 in December from 101.4 in November. The market consensus was for a reading of 102.8. Market reaction This disappointing report does not appear to have a significant […]
Trade representative advises Biden to maintain tariffs on China – WSJ
US Trade Representative Robert Lighthizer, advised the Joe Biden administration to maintain tariffs on China, even if that raises prices for consumers and businesses in the US, informó The Wall Street Journal (WSJ) el lunes. Bob Davis of the WSJ noted that Lighthizer also urged the incoming administration to weaken the World Trade Organization so […]
Jobs are reduced by 140,000 in December against expectations of an increase of 71,000
The December employment report showed a negative surprise, in line with what the ADP data had been, showing a drop of 140,000 jobs, compared to the market consensus which was for an increase of 71,000. However, a negative reading was being discounted following previous employment data released this week. The December reading was the first […]
Tubos Reunidos asks Sepi for a rescue of 115 million after the stoppage of half of its contracts
Tubos Reunidos has requested financial support for an amount of about 115 million euros to the Support Fund for the Solvency of Strategic Companies affected by the pandemic that is managed through the SEPI, the Basque pipeline reported. Specifically, it has asked the fund for a participating loan for an amount of approximately 100 million […]
Why Exchanges Ignore the US Capitol Assault and Hold on to the ‘Blue Wave’
One thing is what happens at the political level and another is how investors interpret it. The historic and spectacular storming of the US Capitol by a tide of Donald Trump supporters has hardly disturbed the markets. Far from being intimidated by the riots, the stock markets look at the results of the Georgia elections, […]
ISM non-manufacturing index rises more than expected in December to 57.2
He ISM service sector index showed an unexpected rise, climbing from 55.9 to 57.2 in December, with the market consensus being 54.6. He new order rate went from 57.2 to 58.5, against the expectation of a drop to 54.9. On the downside, the job it fell to 48.2 from 51.5, a decline larger than expected. […]
