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- EventsTrader commented Mar 15, 2024
76.5 is within the margin of error and suggests a relatively stable consumer sentiment. When compared to March 2023, the overall index shows a substantial year-over-year increase of 23.4%. This indicates that consumers ...
- EventsTrader commented Mar 15, 2024
Very weak report. Key takeaways: Big miss in general business conditions index falling to -20.9. Both new orders and shipments indices have declined, signifying a decrease in demand and ...
- EventsTrader commented Mar 14, 2024
Hot A significant portion of this increase, nearly 70%, was due to the jump in prices for final demand energy, which rose by 4.4%. In product detail, a third of the February advance in the index for final demand ...
- EventsTrader commented Mar 12, 2024
Hot report from what I'm seeing. Key Takeaways: The indexes for shelter and gasoline rose significantly and were major contributors to the monthly all items increase. The energy index rose by 2.3% over the month, with all ...
- EventsTrader commented Mar 8, 2024
No... Lower (*perceived) inflation = potential earlier rate cut = dovish for USD. After the initial USD spike higher it reversed and headed lower.
- EventsTrader commented Mar 8, 2024
While the NFP figure initially caused the knee-jerk reaction in favor of the US dollar, that quickly reversed as average hourly earnings was digested. A dovish sign in terms of inflation and that's where all the focus remains. Key takeaways: ...
- EventsTrader commented Mar 6, 2024
A dud. Takeaways: Steady employment growth within the private sector. - Small businesses with 1-19 employees added 11,000 jobs. - Small businesses with 20-49 employees added 2,000 jobs. - Mid-sized businesses with 50-249 ...
- EventsTrader commented Mar 5, 2024
While below expectations, a healthy report. Key takeaways: Services sector continued to expand, although at a slightly slower rate Increase in prices paid for materials and services, indicating ...
- EventsTrader commented Feb 28, 2024
No real big surprises. Key takeaways: - Prelim of 3.2% is a healthy number but significantly lower than the 2023 Q3 Final GDP increase of 4.9%. - From Q4 2022 to Q4 2023, real GDP increased by 3.1%. - Inflation still elevated. PCE price index went ...
- EventsTrader commented Feb 27, 2024
Some takeaways: - There was no significant breakout to higher confidence at the start of 2024, suggesting that the gains seen in the previous months were not sustained. - The Expectations Index decreased from a revised January figure of 81.5 to 79.8 ...
- EventsTrader commented Feb 27, 2024
The impact of higher mortgage rates on home prices is yet to be fully understood. There were home price declines in the fourth quarter in 15 markets, which may indicate that the market is responding to the increased cost of borrowing.
- EventsTrader commented Feb 27, 2024
The wealth effect includes both house prices and stock prices. Both can't fall at the same time. Well, they can but the Fed tries to avoid that.
- EventsTrader commented Feb 27, 2024
Aside from the drop in new orders of $18B, the two points that stick out in this report are: Transportation Equipment: There is a substantial increase in unfilled orders for transportation equipment by 22.0% YTD, which could be due to supply chain ...
- EventsTrader commented Feb 22, 2024
Subdued price pressures suggests that inflation might be Consistent with Fed's 2% target. Good report for the Fed doves. Highlights: - Rebound in manufacturing with a significant rise in output, 10 month high. - Services sector growth slowed to a ...
- EventsTrader commented Feb 20, 2024
Food and shelter leading the way higher with 3.9% and 6.2% y/y increases. Energy is showing a decrease of -2.7% y/y, most notably was gasoline declining -4.0% y/y. Across the major economies, declining oil prices is a key factor in why inflation is ...
- EventsTrader commented Feb 13, 2024
For sure. And for gas prices to show a significant decrease, and inflation still come in that hot is nuts. Also, non-alcoholic beverages had a notable increase. Here's what that is according to BLS:
- EventsTrader commented Feb 13, 2024
Shelter and food led the way higher, while used cars and energy saw m/m decreases. Very hot report.
- EventsTrader commented Jan 12, 2024
Boohoo!!
- EventsTrader commented Jan 11, 2024
Gotta love it. Key points: - ETPs, allowing investment in various assets including non-securities, are innovative financial tools that offer advantages like continuous trading and price alignment with the market. - The SEC's approval of spot bitcoin ...