Tag Archives: US Economy

Gold prices headed during trading, today, Wednesday, near the highest level in two weeks during the previous session, before the release of inflation data in the United States, which is expected to come in strong this week, despite the fact that the rise in US Treasury bond yields prompted investors …

The IBD/TIPP Economic Optimism Index, a leading national poll on consumer confidence, declined another 1.6% this month, after falling 7.6% in January. The overall reading now stands at 44.0, keeping the index in negative territory for the sixth consecutive month. A reading above 50.0 signals optimism and below 50.0 indicates …

Wall Street stocks were mixed early on Tuesday as market participants digested December’s trade balance figures and continued to look ahead to key inflation data scheduled for release later in the week.As of 1510 GMT, the Dow Jones Industrial Average was up 0.13% at 35,135.36, while the S&P 500 was …

Continued strong consumer appetite for overseas goods pushed up the US trade deficit in December, sending the full-year import-export gap to a record level in 2021.The December deficit in trade of goods and services grew by 1.8% to a seasonally adjusted $80.7 billion, the Commerce Department said Tuesday, just less …

Gold prices stabilized on Tuesday in light of concerns about Russia and Ukraine, which kept the metal, which is considered a safe haven of value, supported near the highest level in a week, which was recorded in the previous session. At the same time, the markets awaited US inflation data …

The US Commerce Department said it has added 33 Chinese entities to what it calls a list of unverified exports that requires US exports to go through additional procedures before goods are shipped to those entities. On Monday, the department said it was taking the step because it was unable …

The Gold Index (XAU/USD) climbs in the North American session, despite US T-bond yields shooting through the roof after the US Nonfarm Payrolls report smashed expectations. XAU/USD is trading at $1,816.Financial markets mood is positive. US Treasury yields move higher in the session, with the 10-year benchmark note rate at …

China and the United States should approach trade issues on the basis of mutual respect, China’s Foreign Ministry said on Monday, after U.S. officials urged Beijing to take concrete measures to fulfill commitments under a trade deal. No trade disputes are not in anyone’s interest, Foreign Ministry spokesman Zhao Lijian …

Ford reported fourth-quarter earnings on Thursday, which largely missed Wall Street earnings expectations and lost slightly in revenue. Adjusted earnings per share were 26 cents versus 45 cents expected, and auto revenue was $35.3 billion versus $35.5 billion expected. While the automaker met its 2021 annual profit guidance, Ford Chief …

According to the final version of IHS Markit’s Services PMI survey, the headline index was 51.2 in January, above the flash estimate for a 50.9 reading. The final Composite PMI came in 51.1 in January, also above the flash reading of 50.8. January US PMI Composite Index (Final): 51.1 vs. …