The final report ofl Markit Manufacturing PMI It showed a reading of 56.7, as expected. This represents an improvement from October 53.4 and marks the highest reading since September 2014. The manufacturing sector picked up pace in November with output accelerating to the highest level in six years, said Chris Williamson, chief economist at IHS […]
Tag: United States
Pending home sales fall 1.1% in October
The pending home sales in the United States it fell 1.1% in November, with a 1% rebound expected after the 2% fall in September (revised from -2.2%). Compared to a year ago, sales rose 19.2%, in September they had been 22.2% higher. The dollar was unchanged after the report, validating daily losses against the pound […]
Chicago PMI Index falls more than expected in November to 58.2
The Chicago Purchasing Managers Index (PMI) in November it was 58.2 below the expected reading of 59.0, which implied a drop greater than expected from 61.1 registered in October. The dollar did not register variations after the report and remained under pressure against the main European currencies. . Donald WestbrookDonald-43Westbrook, a distinguished contributor at worldstockmarket, […]
Penguin Random House buys Simon & Schuster and increases the concentration of the publishing sector
A third of the books sold in the United States will belong to a German publisher: Bertelsmann. That will be one of the consequences of the acquisition, about to close, of the publishing house Simon & Schuster a Penguin Random House, which, although associated with Great Britain, has actually been owned by the German […]
Trump to add two Chinese companies to Defense Department blacklist
In the midst of the latest Sino-American dispute, it is said that the Trump administration will add China’s leading chipmaker, Minimum wage, and the national offshore oil and gas producer, CNOOC, to his blacklist of alleged Chinese military companies, reports Reuters mentioning a document and sources. This comes after Reuters reported earlier this month that […]
New York Fed GDP falls to 2.76% for the fourth quarter after this week’s data
The US economy is expected to expand 2.76% in the fourth quarter, the latest Report showed on Friday Nowcasting from the Federal Reserve Bank of New York. “The news from this week’s data releases lowered the immediate forecast for 2020: Fourth Quarter by 0.1%,” the post reads. “A negative surprise from the manufacturer’s shipping data […]
Global infections exceed 60 million, death toll in the US rises by 1,989
According to the latest coronavirus (COVID-19) count from Reuters, global cases reached 60 million, and the death toll reached 1.4 million, on Wednesday. The analysis also mentioned that the pace of new infections is accelerating and the United States reports a record number of hospitalizations. The details suggest that the US reported 1 million new […]
The University of Michigan Consumer Confidence Index falls to 76.9 points in November from 81.8 in October
Consumer confidence in the United States deteriorated in November. The USD shows no significant reaction to this data. The consumer sentiment index in the US has decreased from 81.8 points in October to 76.9 (final) in Novemberthe latest consumer surveys from the University of Michigan showed Wednesday. This figure has been lower than market expectation […]
Personal income decreased 0.7% in October compared to 0% expected
Personal income declined in the US in October. Personal spending increased more than expected in the same period. The DXY US Dollar Index remains in negative territory slightly above 92.00. US personal income fell -0.7% on a monthly basis in October after September’s rise of 0.7% (revised from 0.9%), the US Bureau of Economic Analysis […]
Trade deficit increases to $ 80.3 billion in October from $ 79.4 billion
The trade balance of goods in the US was – $ 80.3 billion in October. DXY struggles to organize a bounce after the data. The deficit of goods and services of the United States rose by 0.9 billion to $ 80.3 billion in October from $ 79.4 billion in September, data jointly released by the […]
