December 2011 personal consumer expenditure (PCE) was marginally weaker than expected in showing no change in the month relative to expectations of a 0.1% gain. This result followed unrevised increases in both November and October of 0.1%. Unchanged consumer spending in December reflected a 0.2% gain in the services component Read More US December 2011 [...]
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 [...]
Sales of new single-family homes in the US fell by 2.2% to an annualized 307,000 units in December 2011. The monthly decline follows a 2.3% gain to 314,000 units in November (initially reported as 315,000) and ran counter to market expectations for an increase to 321,000. Large declines were seen Read More US New Home [...]
The United Kingdom released the retails sales index for December, which measures the consumption level in the economy; however, as this week comes to an end markets are still biased to the downside despite the improvement seen in the levels of spending in the United Kingdom, as some investors tend Read More UK Retail Sales [...]
While December’s net gain of 200,000 nonfarm jobs topped consensus estimates, the report was helped by a host of special factors and also followed downward revisions to the two previous months. Three industries accounted for a disproportionate share of December’s increase, including couriers and messengers, which added 42,200 jobs. Similar Read More A Closer Look [...]
Is this the decoupling we’ve been waiting for? Better-than-expected American labor market data produced the unlikely result of a stronger U.S. Dollar on Friday. Meanwhile, the European currencies remained under pressure, as the debt crisis appears to be worsening beneath the surface. Read More US Dollar Gains as Nonfarm Payrolls Show 200K Jobs Gain in [...]
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 [...]
FXstreet.com (Barcelona) For more information, read our latest forex news. For more information, read our latest forex news. Read More German PMI Manufacturing increase to 484 in December
FXstreet.com (Barcelona) – German PMI Manufacturing increased to 48.4 points in December, following… For more information, read our latest forex news. Read More Germany PMI Manufacturing grows more than expected in December
FXstreet.com (Barcelona) – Eurozone PMI Manufacturing edged up to 46.9 points in December, in… For more information, read our latest forex news. Read More EU PMI Manufacturing rate of contraction eases slightly in December
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