Tag: US economic data
Eco Data Analysis and Forecast for November 19, 2024
On November 19, 2024, various economic events took place around the world. Let's take a closer look at the data and forecasts for the day.Starting with the Reserve Bank of Australia (RBA) Meeting Minutes...
US Weekly Initial Jobless Claims Beat Expectations, Decreasing to 227K
The latest data on initial jobless claims in the US shows that the numbers have beaten expectations, decreasing to 227K. This is a positive sign for the economy, as it indicates that fewer people...
US Dollar Strengthens as Focus Shifts to CPI Inflation – Weekly Preview
The US dollar made a strong comeback this week due to positive economic data and safe haven flows after tensions in the Middle East. Fed Chair Powell's comments about sticking with quarter-point rate cuts...
US Dollar Strengthens Despite Cooler PCE Report: Forex News Wrap
US Dollar Strengthens Despite Cooler PCE Report: Forex News WrapThe US dollar continued to show strength in the forex market, despite a slightly cooler than expected Personal Consumption Expenditures (PCE) report for July. The...
UK Inflation Data Week Ahead: Market Expectations and Impact on US Numbers
All eyes are on the upcoming US CPI report this week, but before that, the UK will also release its inflation data. Due to base effects, it is expected that the UK's headline annual...
US Data Analysis: Justifying a Rate Cut Decision
The recent market turbulence has been causing anxiety among investors, with fears of a US recession prompting calls for aggressive rate cuts by the Fed. The market has already priced in some easing, but...