The reports of housing prices on the evolution in August showed increases greater than expected. The Federal Housing Finance Agency (FHFA) index rose 1.5% against the expected advance of 0.6% and after having risen 1.1% in July. For his part, S & P / Case-Shiller index rose 0.47% on the month, and 5.2% from a […]
Tag: United States
Durable goods orders rise more than expected in October
The report of durable goods orders it showed better than expected figures in most indicators. The general index for durable goods orders rose 1.9% in September, above the market consensus of 0.5%. In August they had risen 0.4%. The Orders without taking into account the defense item jumped 3.4% exceeding the expected 0.5%, while without […]
Sale of new homes unexpectedly falls 3.5% in September
The sale of new homes fell unexpectedly in September 3.5% to an annual rate of 959,000. The market consensus was for a rise of 2.8% to 1.02 million. In turn, the August figures were revised downward, from 1.01 million to 994,000. The average price was 326,000, which represents a rise of 3.5% compared to a […]
White House adviser says negotiations for more stimulus have not stopped
White House Economic Adviser Larry Kudlow said Monday in an interview with CNBC, that more commitments will be necessary to reach an agreement for new fiscal stimuli, as reported by Reuters. “The US economy still needs specific help,” Kudlow added, noting that talks for the approval of more stimulus measures They have slowed down but […]
Chicago Fed National Activity Index falls more than expected in September to 0.27
He National Activity Index of the Federal Reserve Bank of Chicago (CFNAI) fell from 1.11 (revised from 0.79) in August to 0.27 in September. This reading was worse than the market expectation of 0.39. “The CFNAI diffusion index, which is also a three-month moving average, decreased to +0.51 in September from +0.71 in August,” the […]
Manufacturing PMI rises to 53.3 in October, highest in 21 months
The Markit PMI preliminary report showed a rise in both the manufacturing and services sector indicators, although the latter was much more significant. The data did not have an impact on the market. The Markit’s manufacturing index rose from 53.2 to 53.3 in October, reaching the highest level in 21 months, the reading was just […]
China’s Ministry of Commerce imposes anti-dumping measures on rubber imports from the United States, South Korea and the EU
The Ministry of Commerce of China announced on Friday that it will impose temporary anti-dumping measures on some rubber imports from the United States, South Korea and the European Union. (EU), as of October 28. “We will impose anti-dumping deposits on imports of monomeric ethylene propylene diene rubber,” the Ministry added. This comes after an […]
Does the civilized and informative showdown increase the odds of Trump winning?
With the president of the United States, Donald Trump, lagging in national polls with former vice president and Democratic candidate Joe Biden, the final showdown between the two turned out to be much more civilized and informative than the first clash chaotic. There was minimal interruptions from both sides, especially Trump, after he allegedly interrupted […]
S&P 500 Futures Maintain Losses Despite President Trump’s Comments About Introducing a “Vaccine in the Next Weeks”
Futures linked to S&P 500, the Wall Street Stock Index, continue to trade in the red despite President Donald Trump saying during the second presidential debate that a coronavirus vaccine in coming weeks. Futures are trading at 3,443 at press time, representing a 0.15% drop on the day. While Trump insisted that Covid-19 would soon […]
Trump and Biden accuse each other of failing to reach an agreement on the fiscal stimulus plan
In the last part of the presidential debate between Donald Trump and the Democratic candidate Joe Biden, the moderator Kristen Welker has asked about the fiscal stimulus American. The president has responded that he has already approved three proposals, and has attacked Nancy Pelosi. House Speaker and Democrat Nancy Pelosi does not want to pass […]
