CB Consumer Confidence Jumps To 98.0; U.S. Dollar Tests Session Highs
Average 12 -month inflation expectations declined from 7% in April to 6.5% in May.
Tag: Commodities
Read More
Jobless Claims Dip to 227K, But Rising Continuing Claims Signal Labor Market Strain
Constant claims hit the high level of multi-year, pointing to weak reconsideration trends Constant claims for the week ended on May 10 increased from 36,000 to 1.903 million, while the 4-week moving average increased to 1.887 million-the highest level since-November 2021. These figures indicate that unemployed individuals have been excluded over work, an indication that…
US Flash PMIs Climb to 52.3 as Tariffs Drive Prices to Highest Since August 2022
Price pressure mount in federal reserve focus The value acceleration was widespread-based. Manufacturing production prices recorded their fastest monthly growth since September 2022, while services recorded the highest increase in allegations since April 2023. These tricks, tied directly to the tariffs on imported goods, pushed the overall selling price at the levels not seen since…
U.S. Housing Market Shows Strength as New Home Sales Beat Expectations in April
Inventory remains high, but market absorption improves The number of new houses for sale in late April was at 504,000 units – slightly from March, but still 8.6% more than a year ago. The more important thing for the market is that the supply of months has come down from 9.1 to 8.1, indicating rapid…
EIA Reports 120 Bcf Natural Gas Build, Surpassing Forecasted Injection
Are regional storage levels supporting the bending of recession? Yes. All major areas posted benefits, adding 39 BCFs to the South Central Region – a significant contributor to the national growth. In particular, the nonsalt storage in the area increased from 26 BCF, which shows weak power and strong production. Midwest and East regions indicated…
Oil News: EIA Reports Surprise Crude Build, Pressuring Oil Outlook and Futures
Inventory Defty Market Creates expectations Commercial raw inventions increased by 1.3 million barrels, increased the total shares to 443.2 million barrels to 6% below the five -year seasonal average. The build rapidly deviated with the expectations of consensus for the 900,000 barrel draw draws. Gasoline invention increased by 0.8 million barrels and 2% below seasonal…
Retail Sales Stall as PPI and Fed Surveys Signal Uneven Consumer Demand
More information in our economic calendar.Manufacturer Price Index Slides: Does soft wholesale pricing pricing confirm the weakness of demand? The manufacturer price index (PPI) for final demand fell 0.5% in April, its biggest decline in a year. Final demand services reduced the decline down 0.7%, led by the standing margin compression in business services –…
Housing Sector Strains Deepen: Permits Drop, Completions Slide as Fed Keeps Pressure On
Housing provides mild relief Despite the weak permits, the housing increased from 1.6% month to 1.361 million units, which helps a slight increase in multi-family projects. However, he is 1.7% lower at the speed of April 2024. Caution is taken between the developers by falling 2.1% from the single-family March to 927,000 units. Benefits in…
Michigan Consumer Sentiment Drops To 50.8, Missing Analyst Estimates
The expectations of further inflation increased from 6.5% to 7.3%.
EIA Natural Gas Storage Build Of +110 Bcf Meets Analyst Estimates
Natural gas prices decreased as traders reacted to the EIA report.
April CPI Undershoots Forecast at 2.3% as Trump Tariffs Enter Picture
Energy prices rebound after decline in March Energy prices recorded an increase of 0.7% in April, which was after 2.4% fall in the earlier month. It was operated at a high cost for natural gas (+3.7%) and electricity (+0.8%), which offers a decline of 0.1%in gasoline on a seasonal adjusted basis. Despite the rebound, the…
Crude Inventories Drop By 2 Million Barrels; WTI Oil Tests Session Lows
More than analyzer estimates, the gasoline invention increased by 0.2 million barrels.
U.S., China Strike Trade Deal in Geneva—Markets Await Tariff Clarity
Was it a real reset – or a break button? Greer said that how quickly the two sides come on conditions, suggesting that disagreement could be less than expected. He called the meetings “very creative”, and emphasized that President Trump was directly connected and fully briefed. Trump himself called it a “total reset” and praised…
Fed Leaves Rates Unchanged, Highlights Inflation Risks
Subscribe to information Scan QR Code to install the app Significant disconnectionThe materials provided on the website include general news and publication, our personal analysis and content provided by the third party, which are only for educational and research objectives. It does not form, and should not be read as any recommendation or advice to…
Jobless Claims Drop Below Forecast, But Labor Market Softness Keeps Traders Cautious
Uncontrolled claims show a big fall from expectation Unknowingly initial claims fell to 206,937 – 2% decline of 7.6% compared to seasonal expectation. It overtook last year’s 210,050 level. The decline in raw numbers indicates real improvement in trimmed activity, especially when it is believed to fall with a decline in unemployment without insured, which…