USA

Yesterday’s US Consumer Confidence number noted a record drop over April. The data further continued the recent theme we have seen among economic data. The headline index reading fell from 118.8 last to 86.9 in April. This was below…

The monthly inflation report for August will be coming out later today during the US trading session. Inflation expectations, based on the economists polled, point to a moderation in the data. Economists forecast that inflation will rise…

The week ahead will see investors shifting focus to the European Central Bank which will be stealing the limelight given the expectations. However, there are other high-ticket events lined up over the week such as US inflation, producer…

Focus at the start has been on the US budget arrangements that have been under consideration recently. Yesterday it was announced that, following tense negotiations, a deal had been made between President Trump and congressional leaders.…

The monthly producer prices index report will be coming out today. Economists forecast that the producer prices index will rise for a third consecutive month. On a month over month basis, core PPI is expected to advance 0.2%. This marks the…

The Institute of Supply Management will be releasing the non-manufacturing PMI report later today. According to the median estimates, the non-manufacturing activity index could rise by just 0.1 points. In April, non-manufacturing…

The monthly building permits data will be released by the Commerce Department today. According to economists polled, building permits are forecast to rise 1.298 million in April. This follows a modest increase from March. Building…