UoM Consumer Sentiment Index drops as inflation fears climb

According to the University of Michigan’s (UoM) Consumer Sentiment Index, American consumers are beginning to grow increasingly concerned about United ...
Read more
Manufacturing PMI set to show steady momentum in US industry

The US ISM Manufacturing PMI is seen improving modestly in January. Markets will also look at the ISM Prices index ...
Read more
US Dollar Index lower on softening GDP

The US Dollar softer after US GDP turns softer. Markets see the inflation component under GDP release not moving. The ...
Read more
Will the expected rebound in US CPI inflation change bets of Fed rate cut next week?

The US Consumer Price Index is set to rise 2.7% YoY in November. The core CPI inflation is seen steady ...
Read more
No one will win a trade war

After US President-elect Donald Trump’s threat to impose additional 10% tariffs on all Chinese goods, China’s Embassy in Washington responded ...
Read more
Economy strong, but inflation not vanquished

Federal Reserve Bank of Minneapolis President Neel Kashkari said the US economy has remained remarkably strong as the Fed progressed in ...
Read more
A big October NFP miss solidifies November FOMC rate cut expectations – UOB Group

The latest US Employment Situation report by the Bureau of Labor Statistics (BLS) last Friday (1 November) turned in a ...
Read more
Nonfarm Payrolls increase by 12,000 in October vs. 113,000 expected

Nonfarm Payrolls (NFP) in the US rose by 12,000 in October, the US Bureau of Labor Statistics (BLS) reported on ...
Read more
US Dollar steady despite stronger US PMI data, outpacing Europe

The US Dollar remains under pressure form profit taking after Continuing Jobless Claims reach a fresh 3-year high The risk-off tone ...
Read more




:max_bytes(150000):strip_icc()/fed-miljko-86fe25fb6cad4edaac520fe1d130db4f.jpg?w=150&resize=150,150&ssl=1)




