Tag: US economic indicators
US Personal Income Rises 0.6% in October, Core PCE Inflation Reaches 2.8% Year-Over-Year
In October, personal income in the United States increased by 0.6% compared to the previous month, surpassing the expected 0.3% rise. This growth amounted to a total increase of $147.4 billion. At the same...
US 100 Index Rally Stalls: What’s Next for Traders?
The US 100 index is currently trading sideways, just below its all-time high, as it grapples with the August 5, 2024 trendline. Market sentiment remains cautiously bullish, with investors closely monitoring geopolitical tensions and...
US Equity Market Update: Loss of Shine | Forexlive
The buzz surrounding the recent election has dimmed as uncertainty looms over tariffs and high P/E ratios in the US equity market. After an initial surge following the election, most of the gains have...
US Durable Goods Orders Decline in September, Ex-Transport Orders Increase – Action Forex
US durable goods orders in the United States experienced a slight decline of 0.8% month-over-month in September, amounting to USD 284.8 billion. Although this figure was slightly better than the expected decline of 0.9%...
US Economy Performance and Inflation Outlook by Fed’s Bostic | Forexlive
The US economy's performance and inflation outlook were discussed by Fed's Bostic in a recent update. Bostic emphasized the importance of considering the risks associated with foreign exchange trading, highlighting the high level of...
US Services Sector Sees Growth Surge in September – Action Forex
The US services sector experienced a significant surge in growth during the month of September, according to the latest ISM Services index. The index rose to 54.9, up from 51.5 in August, surpassing expectations...
Comparison of German Inflation and US Economic Data: Impact on Forex Trading
German Inflation Slows More Than ExpectedGerman inflation data has raised concerns as it showed a greater slowdown than anticipated. According to a preliminary estimate from Destatis, the consumer price index in Germany fell by...
EUR/USD Reaches One-Year High Amid US Employment Concerns
EUR/USD Surges to One-Year High Amid US Employment ConcernsThe EUR/USD currency pair has reached a one-year high as concerns over the US employment situation continue to weigh on the dollar. This surge in the...
BREAKING NEWS
Elanco’s Growth Outlook: 6 Blockbusters Drive Solid Performance
Elanco Animal Health is on track for significant growth with the expectation of launching six potential blockbusters between 2023-2025. These new products are projected...
