Browsing Tag

US

US Q4 GDP and What Comes After

The US posted record-shattering growth in the third quarter. This pulled the country officially out of recession (though obviously there was still a lot of economic repairs to do). The fourth quarter, however, is not going to be so good,…

A Very Bad Day For US Data

Non-Manufacturing PMI Falls To Record Lows The US ISM non-manufacturing PMI (services sector) released yesterday showed the index falling to 41.8 over the month of April. This marks a severe decline from the prior month’s 52.5

The Big Oil Short

Weak demand, storage issues, US-Iran tensions! You name it, we discuss it! Do you want to find out more about what's really been happening in the oil markets? And how come WTI crude oil traded below zero? Join Stavros, James &…

US Q4 2019 GDP to Rise Slightly Higher

The commerce department will be releasing the second estimate on the fourth-quarter GDP from 2019. The median expectations point to a modest increase from the preliminary estimates. In the first estimate, the commerce department said…

FOMC Jan ’20 Minutes Preview

The Federal Reserve Bank will be releasing the meeting minutes from the January Fed meeting. The central bank held its monetary policy meeting on January 29th, 2020. At the meeting, the central bank voted to keep interest rates steady at…

Further US Data Weakness Sinks USD

The US Dollar was knocked lower again this week as a further bout of data weakness has put a fresh focus on a potential rate cut at the upcoming October FOMC. September's retail sales were heavily disappointing. The headline figure printed…