The DXY index falls below the 93.00 level after the US CPI data. Both headline and core CPI were unchanged month-on-month in October. Initial US jobless claims increased by 709,000 for the week, improving expectations. The US Dollar DXY Index, which measures the strength of the dollar against a basket of major currencies, is moving […]
Tag: United States
Annual inflation falls to 1.2% in October, below the 1.3% expected
The retail inflation in October it showed less than expected data. The consumer’s price index it was unchanged last month, against expectations of a 0.2% rise, and after rising 0.2% in September. The annual rate in this way went from 1.4% to 1.2%, lower than the 1.3% of analysts’ estimates. Regarding the Underlying inflation, numbers […]
Unemployment benefit requests fall more than expected to lows since March
The Department of Labor reported that Initial claims for unemployment benefits dropped by 48,000 in the week ending November 7 up to 709,000, by below the 735,000 of the market consensus. Regarding the continued orders, fell by 436,000 to 6,786,000 in the week of October 31, a number also lower than what the market expected. […]
USA: Labor market still under severe stress, signs of improvement
Job offers improved modestly through September, but remain depressed, they noted Wells Fargo analysts. They point out that the most recent data suggest that labor demand remains weak and suggest that the recovery in employment will be slow in the short term. Key statements: “Job openings rose to 6.44 million in September from a downwardly […]
Job offers and job rotation survey changes little to 6.4 million in September
JOLTS job postings changed little in September. The US dollar DXY index falls towards 92.60 after this data. The number of job vacancies in the US stood at 6.4 million on the last business day of September, as reported by the US Bureau of Labor Statistics in its latest survey of job openings and job […]
Europe may partner with the US to define rules for the digital economy – Von der Leyen
European Commission President Ursula von der Leyen said Tuesday that she believes Europeans can partner with the United States to define the rules of the digital economy, Reuters reported. “Time for a new transatlantic agenda with Europe taking the lead” Von der Leyen said. He said he hopes the United States will rejoin the Paris […]
Trump fires Defense Secretary Mark Esper, markets are on the lookout for civil unrest
In a couple of tweets Monday afternoon, President Donald Trump said he fired his Secretary of Defense, Mark Esper. Lately we’ve seen a number of exits from the Pentagon. Esper’s tenure as a senior Pentagon official followed the resignations of the first secretary of DTrump’s defenseman, James Mattis, and then-acting Defense Secretary Patrick Shanahan. ” […]
We will try to find new points in common with the United States after Biden’s victory
After Joe Biden’s victory, Germany will try to restart trade policy with the United States, the German economy minister said on Monday, Peter Altmaier, as reported by Reuters. “We will try to find a new common ground with the US and reach an agreement,” Altmaier added. “We are trying to reduce existing conflicts with the […]
EU to impose tariffs on US imports in WTO Boeing case
The European Union will begin imposing tariffs on US imports worth $ 4 billion starting on Tuesday, following the World Trade Organization ruling on subsidies for Boeing, announced Monday the EU Trade Commissioner Valdis Dombrovskis, according to Reuters. Furthermore, Dombrovskis called on the United States to abandon existing trade measures. Market reaction This development does […]
Joe Biden will be the next president of the United States
Joe Biden will be the 46th president of the United States. All the major media in the country, such as CNN, NBC, ABC, Associated Press and Fox News announced in mid-afternoon on Saturday that the Democratic candidate had emerged victorious from his duel against current President Donald Trump. Four days after the elections held on […]
