U.S. Jobless Claims Tick Up to 222K as Durable Goods Surge 9.2% on Transport Strength

Uncontrolled claims reflect regional and region pressure Improper data more clear the weekly decline, with a decline of 7.6% to fall by 5.1% to fall by 209,782. Sorting was concentrated in manufacturing and construction-throat states such as Kentaki (+4,292), Missouri (+1,974), and Pennsylvania (+1,858), which suggests localized labor tenderness. In contrast, California, Tennessi and Oregon…

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Jobless Claims Fall, but Weak Manufacturing and Housing Data Disappoint

Housing march starts rapidly Residential construction showed symptoms of slowing down. The march housing begins 11.4% to 1.324 million with a seasonal adjusted annual rate, despite a minor 1.6% monthly advantage in the building permit. Pointing to a pullback in the new construction activity, the single-family began a 14.2%decline. The perfection stood down 2.1%, although…

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Sovereign Credit: US Policy Shifts Point to Tariff-light, Trade-war, Economic-crisis Scenarios

If applied, tariffs will represent the largest peacock trade shock for the global economy over 100 years. If continuous, this policy shift will have significant credit implications for both the United States (AAA by scope with negative credit outlook) and both sovereign globally. Conversely, even their complete reversal, although unlikely, will not fully restore the…

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China Caixin Services PMI Rises to Three-Month High 51.9; Hang Seng Index Reacts

More information in our economic calendarExpert views on China’s service sector Dr. Wang Ze, Senior Economist of Caxin Insight Group, Comment: “Market optimism was maintained. The indicators for future activity expectations were measured less than February, but remained in the field of expansion. Service providers had expected future policy support at home. However, some expressed…

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