Equities and commodities were higher in the Thursday trading session as we continue to have the spillover effects and positive risk sentiment from the Fed’s decision yesterday to keep interest rates steady for longer. In regards to the US economy we had three key releases today, showing manufacturing orders coming in Read More US Durable [...]
New orders for durable goods jumped 3.0% (month over month) in December 2011, marking the second consecutive sizeable gain following a 4.3% increase in November. Much of the improvement in December reflected an 18.9% jump in commercial aircraft orders that marked a second consecutive outsized increase following an 88.1% gain Read More US New Orders [...]
Bringing together the very strong positive surprise in the ADP employment change figure, a downward trend in jobless claims, a better employment reading from the ISM manufacturing index, and a rather steady reading from the employment sub-gauge in the ISM services index I come to the conclusion that the consensus Read More December NFP Does [...]
Initial unemployment insurance claims rose 15,000 to 381,000 in the week ending December 24 from a 366,000 reading (initially reported as 364,000) the previous week. The level of claims was above market expectations for an increase to 375,000. Despite the larger-than-expected increase, the four-week moving average of initial claims declined Read More US Initial Jobless [...]
Today, December 22nd, the U.S. jobless claims weekly report was published; the report presented a decrease in initial claims of 4,000 for the week ending on December 17th 5 Vote(s) Read More US Initial Claims Declined Last Week December 22
Producer prices rose 0.3% in November, rebounding from a 0.3% drop in October that partially reversed a 0.8% jump in September. The rise in November was slightly above market expectations for a 0.2% increase. Despite the monthly increase, the year-over-year rate edged down to 5.7% in November from 5.9% in Read More US Producer Prices [...]
FXstreet.com (Barcelona) – According to the Labor Department, the number of individuals who filed… For more information, read our latest forex news. Read More US Initial Jobless Claims fell 19K to 366K
Initial unemployment insurance claims rose 6,000 to 402,000 in the week ending November 26, 2011, from an upwardly revised 396,000 (initially reported as 393,000) the previous week. The level of claims was above market expectations for a 390,000 reading. The four-week moving average of initial claims, which normally provides a Read More US Initial Jobless [...]
The final estimate of annualized U.S. second-quarter 2011 GDP growth was revised back up to 1.3% from 1.0% in the second estimate and equal to the 1.3% first estimate. The upward revision in the third estimate was slightly larger than market expectations for an upward revision to 1.2%. As well, Read More US SecondQuarter 2011 [...]
Data from the US today was supportive in that jobless claims fell by more than expected and 2nd quarter GDP was revised higher in its final version than expected. The data helped S&P500 futures to climb to an intra-day high, along with oil. That means it should be taken as a Read More 3 Takeaways [...]
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