The reports from the real estate sector showed mixed figures and did not have an impact on the dollar in the market. The housing beginnings in September they rose from 1,388 million to 1,415 million (annual rate), below the 1,457 million expected by the market. This implied a rise of 1.9%, after the drop of […]
Tag: United States
Cryptocurrencies: CBDC can complement the existing monetary system
Speaking about the potential of CBDC, the chairman of the US Federal Reserve, Jerome Powell, has explained that the state-issued digital currency will complement, but not replace, the existing fiat currency system.. The Fed governor emphasized that the US has a stable and mature financial system with a significant part of the population having access […]
New York Fed GDP falls to 13.8% for the third quarter after this week’s data release
The US economy is expected to expand 13.8% in the third quarter and 3.6% in the fourth quarter, the latest Nowcasting Report from the United States showed on Friday. Federal Reserve Bank of New York. Key takeaways from the press release “The news of this week’s data release lowered the immediate forecast for the third […]
Consumer confidence rises to 81.2 in October, beating expectations
The preliminary consumer confidence report from the University of Michigan showed a rise in the main indicator of 80.4 to 81.2 in October, data that was above the market consensus of 80.5. The index on present conditions fell from 87.8 to 84.9, while that of expectations went up from 75.6 to 78.8. The dollar remained […]
Industrial production surprises with a fall of 0.6% in September
Industrial production in the United States surprised with a decrease of 0.6% in September compared to the expected increase of 0.5%. In August, the indicator rose for the fifth consecutive month at a rate of 0.4%. This is the first drop seen since April. The Utilization capacity has also decreased in September, standing at 71.5% […]
Retail sales rise more than expected in September
The September retail sales in the US showed a rise that exceeded expectations in all areas. Overall sales rose 1.9%, above the 0.7% market consensus and marking an acceleration with respect to the rise of 0.6% in August. Was the rise steepest in three months. Compared to a year ago, sales rose 5.4%, this being […]
US: Trump would agree to go up to more than $ 1.8 trillion in the coronavirus stimulus deal
US President Donald Trump told Fox Business Network on Thursday that would agree to go up to more than $ 1.8 trillion in the coronavirus stimulus deal, as reported by Reuters. “There is a possibility of obtaining a stimulus package for COVID-19 before the elections“Trump added and reiterated that The United States is not thinking […]
USA: Politics gets in the way of more fiscal stimulus – Secretary Mnuchin
In an interview with CNBC on Thursday, US Treasury Secretary Steven Mnuchin said that “It will be difficult to reach an agreement” for more fiscal stimuli to alleviate the impact of the coronavirus, as reported by Reuters. “Politics stands in the way of the coronavirus aid bill,” Mnuchin said. He indicated that the president is […]
Only Japan, Sudan and Zambia will borrow more than Spain this year
The coronavirus has not only cost Spain the lives of 33,204 people, according to the contador maintained by Johns Hopkins University since the pandemic broke out. It has also ruined the country. Here are some of the figures, according to the International Monetary Fund (IMF) statistics published yesterday and today. The crisis will make […]
US: Philadelphia Fed Manufacturing Index soars to 32.3 in October
The finding on the manufacturing sector prepared by the regional bank of the Federal Reserve of Philadelphia showed better data than expected, which partly overshadowed the other economic reports that were published at the same time and that were below expectations. He Philly Fed main index rose from 15.0 to 32.3 with a decline expected […]
