Fed’s Schmid: Recent inflation encouraging but too early to say
Labor market seems roughly stableRecent inflation encouraging but too early to put too much weight on itInflation is ...
What United Airlines tells us about the shape of the US customer
United Airlines is not a perfect proxy for the US consumer, its passengers skew wealthier, more corporate and more in ...
Gold prices have moved back below the $4000 level. What are the charts telling traders?
Gold is under heavy pressure, falling about $70 to around $3,900 and extending its move back below the psychologicall ...
Micron shares are down another 5.8% on day/32% from all time high. Is there a bottom in sight?
Micron (MU) has fallen to its lowest level since May 22, trading down to $847.46. That decline has pushed the stock i ...
U.S. dollar gains as yields move higher.
U.S. retail sales came in close to expectations, while the Philadelphia Fed Manufacturing Index surprised sharply to ...
The Nasdaq and S&P indices are lower on the day, but rebounding off of technical support. What next?
The broader U.S. stock indices remain lower on the day but have recovered from their session lows as buyers stepped i ...
US May business inventories +0.3% vs +0.3% expected
Prior was +0.5% (revised to +0.6%)This is in-line with estimates but there is a slight upwards revision to the April ...
US Pending Home sales for June -5.4% versus -0.5% expected
Prior month +3.8% revised lower to 3.5%Pending home sales for the month of June -5.4% versus -0.5% estimatePendi ...
US July Philly Fed business index +41.4 vs +13.0 expected
Prior was +10.3Details:New orders 37.0 versus 27.3 last monthShipments 33.7 versus 14.9 last monthUnfilled orders 18. ...
US initial jobless claims 208K vs 217K estimate
Prior week 215K revised to 216Kinitial jobless claims 208K vs 217K estimate 4 week moving average of initial cla ...
US initial jobless claims 208K vs 217K estimate
Prior week 215Kinitial jobless claims vs 217K estimate 4 week moving average of initial claims Continuing claims ...
US June retail sales +0.2% vs +0.2% expected
Prior was +0.2%Details:Ex-autos vs -0.1% expectedPrior ex autos +0.8%Ex autos and gas vs +0.5% priorControl group vs ...