The weekly report of requests for unemployment benefits registered figures below expectations. Initial orders, expected to shrink to 730,000, stood at 778,000, after rising 30,000 in the week ending November 21. It is the highest level in the last five weeks. Regarding whats continued orders, these fell by 299,000 in the week ended November 14 […]
Tag: United States
Durable Goods Requests Up 1.3% in October, Beating Expectations
The Durable goods requests in October rose 1.3%, beating the market consensus of 0.9% and after having advanced 2.1% in September (revised up from 1.9%). In general, all aspects of the report showed figures that were above expectations. The orders without taking into account defense, or aviation climbed 0.7% (against 0.5% expected) in October after […]
Annualized growth of 33.1% is confirmed in the third quarter
The new US GDP growth reading for the third quarter showed no surprises and was in line with expectations. The economy grew at an annualized rate of 33.1%, similar to the previous estimate. The growth rate is record and follows the second quarter record contraction of 31.4%. At the same time, other reports were published, […]
Consumer confidence falls more than expected in November
The consumer confidence index prepared by The Conference Board registered a greater-than-expected drop down from 100.9 (revised from 101.4) a 96.1. The index of the Current situation stood at 105.9 (improvement from 104.6) and expectations at 89.5 (got worse from 98.4). At the same time, the Richmond Fed manufacturing index reading was released, showing an […]
S & P / Case-Shiller Home Price Index rises 6.6% in September to beat expectations
The S & P / Case-Shiller home price index it rose 6.6% in September compared to a year ago. The market consensus was for an increase of 5.1%. In August it was up 5.3% (revised from 5.2%). In another report, prepared by the Federal Housing Finance Agency (FHFA), the home price index registered an advance […]
Philadelphia Fed Non-Manufacturing Index falls to 5.3 in November from 25.3
The Philadelphia Fed’s non-manufacturing index fell to new lows in several months in November. The Main diffusion index from the Federal Reserve Bank of Philadelphia Non-Manufacturing Business Outlook Survey (Philly Fed non-manufacturing) fell sharply to 5.3 in November, the lowest reading since June, after settling at 25.3 in October. The index of new orders it […]
Markit Manufacturing and Services PMI Surprise Up in November to Year-Highs
The preliminary estimate of the Markit PMI index for Novemberbre showed higher than expected figures, which was followed by a recovery of the dollar in the market. The Manufacturing PMI index it rose from 53.4 to 56.7, beating the expectation that was for a reading of 53. Regarding the service sector index it went from […]
White House discusses new actions against Beijing – WSJ
The White House is considering further action against Beijing, the Wall Street Journal (WSJ) reported on Monday, according to Reuters. President Trump’s administration wants to form an alliance to retaliate when China uses its trade power to coerce countries, the WSJ article stated. . Donald WestbrookDonald-43Westbrook, a distinguished contributor at worldstockmarket, is celebrated for his […]
Chicago Fed activity index rises to 0.83 in October
The National activity index prepared by the Chicago Federal Reserve regional bank stood at 0.83 in October, which represents an improvement from September’s 0.32 reading, which was revised up from 0.27. The report highlighted that three of the four categories of indicators made positive contributions in October. The index’s three-month average fell to 0.75 from […]
EU applauds Trump’s departure from the g20
The relief is such that the president of the European Commission, Ursula Von der Leyen, did not even publicly moderate his cheers for Donald Trum’s forthcoming disappearance from the mighty g20 club. The group of the 20 most powerful countries on the planet to which Spain attends as a permanent guest, this weekend will be […]
