Among the key economic reports to be released next week in the US are July retail sales on Tuesday. Wells Fargo Analysts they suspect that sales growth slowed to around 0.1%. The market consensus points to a modest decline. Analysts will closely follow upcoming US figures after the sharp drop in consumer confidence reported on […]
Tag: United States
Unit labor costs increase 1% in the second quarter compared to 1.1% expected
Unit labor costs in the United States increased in the second quarter. The US Dollar Index remains afloat in the positive territory above 93.00. After contracting 2.8% in the first quarter, unit labor costs in the United States increased 1% in the second quarter, the US Bureau of Labor Statistics reported Tuesday. This reading disappointed […]
JOLTS job openings rise to a high of 10.1 million in June
US JOLTS job openings rose to a new record in June. The US Dollar Index is posting small daily gains above 92.80. The number of job vacancies on the last working day of June reached a new high of 10.1 million, the US Bureau of Labor Statistics announced Monday in its latest Job vacancy and […]
Nonfarm payrolls rise 943,000 in July, beating expectations
The US employment report for July showed better than expected figures in all indicators. The Nonfarm payrolls increased by 943,000, above the 870,000 of the market consensus. In turn, those for June were revised up from 850,000 to 938,000. July was the month with the highest payrolls in July. The unemployment rate it fell from […]
The services PMI falls back to 59.9 in July
Markit’s services PMI index for the United States fell 4.7 points in July to 59.9 from 64.6 in June. This is the lowest level in the last five months, although it continues to show a solid growth level. The result was slightly above the previously published “preliminary” estimate of 59.8 in July. The latest recovery […]
EUR / USD regains ground lost early, moves shortly after US ADP report.
EUR / USD drew some buying on the dips on Wednesday amid dovish USD price action. The USD remained on the defensive after the disappointing release of the US ADP report. Employment in the private sector increased by 330,000 in July from 695,000 expected and 680,000 previously. The pair EUR/USD It reversed an initial slide […]
Private sector creates 330,000 jobs in July according to ADP, well below expectations
The ADP employment report it showed job creation well below expectations, which put downward pressure on the dollar in the market. The private sector, always according to ADP, reported an increase in jobs of 330,000 in July, lower than the 695,000 of the market consensus. By June they had risen by 680,000, revised from 692,000. […]
IBD / TIPP economic optimism index falls to 53.6 in August
The US IBT / TIPP Economic Optimism Index declined in August. S&P 500 and Nasdaq Composite are trading in negative territory. The Investor’s Business Daily (IBD) Economic Optimism Index TIPP survey it fell to its lowest level since February to 53.6 in August from 54.3 in July. “The return of Covid and increased financial stress, […]
Factory orders increase 1.5% in June vs. 1% expected
Factory orders in the US continued to increase in June. The US Dollar Index trimmed early gains, remaining lateralized above 92.00. New orders for manufactured products – Factory orders, in the U.S. rose by $ 7.4 billion, up 1.5%, to $ 506 billion in June, data released by the US Census Bureau on Tuesday. This […]
Atlanta Fed GDP rises to 6.3% for the third quarter after the latest US data.
Real GDP in the United States is expected to grow 6.3% in the third quarter of 2021, up from 6.1% on July 30, the latest gdpnow report from the Federal Reserve Bank of Atlanta showed on Monday. “After this morning’s ISM Manufacturing Report on Business from the Institute for Supply Management and the US Construction […]
