TD Securities Analysts They said they expect nonfarm payrolls to pick up again in July, with a preview of key macroeconomic data released next week in the US. Featured statements “Data from Homebase suggests some acceleration in the private sector, while government payrolls likely benefited from favorable seasonal adjustments. We anticipate another 0.3% MoM increase […]
Tag: United States
UM Consumer Confidence Index falls to 81.2 (final) in July from 85.5
Consumer confidence in the United States weakened in July. The US Dollar Index is holding on to modest daily gains near 92.00. The Consumer Sentiment Index in the US. it fell to 81.2 (final) in July from 85.5 in June, the latest Consumer Surveys from the University of Michigan showed on Friday. This reading beat […]
Core price index of personal consumption spending rises to 3.5%, below the 3.7% expected
Personal income and expense report with mixed numbers. Inflation data from the report below expectations. The personal income during June it increased 0.1%, which was positive since a contraction of 0.3% was expected. The May figure was revised down from -2% to -2.2%. Regarding spending, it registered an increase higher than the 0.7% expected, which […]
Pending Home Sales Disappointing, Falling 1.9% in June
The Pending US home sales fell 1.9% in June, disappointing the expected 0.3% rise. On a positive note, the data for May has been revised upwards, rising from 8% to 8.3%. Year-on-year, home sales have also decreased by 1.9% after growing 13.1% the previous month. “Pending sales have fluctuated since January, indicating a turning point […]
Richmond Fed Manufacturing Index rises to 27 in July from 20 expected
The Richmond Fed Manufacturing Index rose modestly in July. The US dollar index struggles to make a rally after the data. The Federal Reserve Bank of Richmond Manufacturing Index it improved to 27 in July from 26 in June. This figure exceeded the market expectation of 20. Highlights from the press conference “Manufacturers were optimistic […]
CB’s consumer confidence index improves to 129.1 in July from 123.9 expected
The US central bank’s Consumer Confidence index rose more than expected in July. The US dollar index trades with modest daily losses around 92.50. Consumer confidence in the United States strengthened in July, with the Conference Board’s Consumer Confidence Index rising to 129.1 from 128.9 in June. This reading was better than Reuters’ estimate of […]
New home sales fell 6.6% to 676,000 in May
New home sales in the US continued to decline in June. The US dollar index remains in negative territory near 92.60. New Home Sales in the US they fell 6.6% monthly in June to a seasonally adjusted annual rate of 676,000, data published jointly by the US Census Bureau and the Department of Housing and […]
US GDP will grow 9.5% in the second quarter
When previewing the key macroeconomic events of the coming week in the US, RBC Economics economists stated that they expect the initial estimate of the US Bureau of Economic Analysis. show that the US economy has expanded by 9.5% in the second quarter. Featured statements “As the economic reopening proceeds, we expect US GDP to […]
Breonna Taylor Statue Vandalized in Oakland
Breonna Taylor statue located in Oakland has been vandalized just two weeks after it was erected in Latham Square. Who was Breonna Taylor? Breonna Taylor was a young African-American woman who was shot to death by the Louisville Metro Police in March 2020, inside her own apartment. The police had approached the apartment as a […]
U.S Sergeant Charged in Illinois Bowling Alley Shooting
A U.S Army special forces sergeant was charged in the Illinois bowling alley shooting that killed 3. The attacker has been identified as 37 year old Duke Webb. Webb was charged with 3 counts of first degree murder and 3 counts of attempted murder. Bowling Alley Shooting The shooting took place on Saturday evening in […]
